Yearling beef steer feeding planning budget (2020)

"This budget presents information useful to beef farmers. Table 1 presents estimates for yearling beef steers in Missouri that were purchased in November 2020 and sold in April 2021 (5 month feeding period with a 3.65 average daily gain). Assumptions were based on price forecasts as of October 2020. Detailed assumptions and feed requirements are summarized in Tables 2 and 3. 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."--First page.Written by Scott Brown (Associate Professor and Extension Economist, Agricultural Business and Policy Extension)New 10/19; Revised 11/2