This budget presents information useful to beef farmers. Table 1 provides estimates for the 2019 year on a cow-calf operation (50-cow herd size and purchased replacements) in Southern Missouri for a fall and spring calving season. Assumptions were based on price forecasts as of October 2018. Detailed assumptions and feed requirements are summarized in Tables 2, 3 and 4. The production practices used to develop these cost estimates are common for beef farms in Missouri. Farmers are encouraged to modify this budget to fit their operation.Wesley Tucker (Field Specialist, Agricultural Business), Eldon Cole (Field Specialist, Livestock), Joe Horner (Extension Specialist, Agricultural Business and Policy)New 10/1