Beef backgrounding planning budget

"Using this planning budget, beef backgrounders may estimate their costs and returns for 2022. Table 1 presents estimates for steer calves purchased and backgrounded in Missouri. Assumptions were based on price forecasts as of October 2021. Detailed inputs, feed requirements and machinery investments are summarized in Tables 2, 3, 4 and 5. The production practices used to develop these cost estimates are common in Missouri beef farms. Use the "Your estimate" column to plan your operation's costs and returns for 2022."--First page.Written by Wesley Tucker (Field Specialist, Agricultural Business), Eldon Cole (Field Specialist, Livestock), Joe Horner (State Specialist, Agricultural Business)New 10/2018; Revised 10/202