Preparing and understanding a beef cow-calf enterprise budget

EC-971; The purpose of this publication is to present a long-run enterprise budget for a herd of large-framed beef cows weaning 550-pound steer calves. A long-run planning period covering years 1988-1991 will be assumed. This budget will illustrate how production and economic concepts can be integrated into a single management guide. Emphasis throughout this publication will be on: (1) the integration of production and economic information into a management worksheet and (2) the recommended procedures for calculating opportunity costs and cash flow costs of production associated with a beef-cow herd