2005 Midwest Feedlot Closeout Summaries
Closeouts from Iowa, Illinois, Minnesota, Nebraska, Ohio, South Dakota and Wisconsin feedlots
on the Land O'Lakes Beef Feed Program.
| 2005 Feedlot Closeout Comparisons | 2005 Feedlot Closeout Comparisons | |||||||||||
| Steers | Heifers | |||||||||||
| <700# | 700-800# | >800# | <650# | >650# | ||||||||
| Top 1/3 | Avg | Top 1/3 | Avg | Top 1/3 | Avg | Top 1/3 | Avg | Top 1/3 | Avg | |||
| Lots | 71 | 216 | 39 | 118 | 41 | 126 | Lots | 35 | 105 | 49 | 150 | |
| Cattle Number | 12,317 | 39,262 | 6,818 | 20,046 | 9,395 | 24,161 | Cattle Number | 4,224 | 14,814 | 4,930 | 19,498 | |
| Purchase Price | $121.35 | $118.79 | $112.23 | $111.47 | $107.48 | $102.36 | Purchase Price | $114.11 | $115.40 | $105.38 | $104.50 | |
| Pay Weight In | 598 | 600 | 751 | 750 | 877 | 892 | Pay Weight In | 560 | 569 | 730 | 750 | |
| Sale Pay Weight | 1277 | 1286 | 1342 | 1327 | 1376 | 1367 | Sale Pay Weight | 1150 | 1156 | 1161 | 1185 | |
| ADG | 3.23 | 3.01 | 3.45 | 3.16 | 3.50 | 3.14 | ADG | 2.90 | 2.70 | 3.06 | 2.83 | |
| Days In Lot | 206 | 219 | 169 | 179 | 142 | 149 | Days In Lot | 199 | 211 | 140 | 152 | |
| Net Weight Gain | 689 | 676 | 590 | 570 | 506 | 474 | Net Weight Gain | 587 | 578 | 433 | 434 | |
| Dry Matter Fed/Lb Gain | 6.10 | 6.86 | 6.47 | 7.17 | 6.70 | 7.73 | Dry Matter Fed/Lb Gain | 6.40 | 7.27 | 6.59 | 7.56 | |
| Feed Cost/Cwt Gain | $28.18 | $31.46 | $28.44 | $31.93 | $29.32 | $33.94 | Feed Cost/Cwt Gain | $30.73 | $34.02 | $31.73 | $35.50 | |
| Drug/Vet/Processing | $2.03 | $1.89 | $1.71 | $1.75 | $1.76 | $1.91 | Drug/Vet/Processing | $2.47 | $2.41 | $2.77 | $2.61 | |
| Yardage Cost/Cwt Gain | $7.29 | $7.73 | $6.72 | $7.44 | $6.70 | $7.40 | Yardage Cost/Cwt Gain | $8.06 | $8.95 | $6.94 | $8.40 | |
| Interest Cost/Cwt Gain | $4.13 | $4.63 | $4.60 | $4.81 | $4.82 | $5.34 | Interest Cost/Cwt Gain | $4.30 | $4.82 | $4.83 | $5.36 | |
| Non-Feed Cost/Cwt Gain | $13.49 | $14.32 | $11.96 | $13.30 | $12.40 | $14.02 | Non-Feed Cost/Cwt Gain | $14.53 | $15.58 | $13.19 | $14.98 | |
| Total Cost/Cwt Gain | $41.57 | $44.96 | $39.95 | $44.73 | $41.20 | $46.81 | Total Cost/Cwt Gain | $44.92 | $48.99 | $44.76 | $50.00 | |
| Breakeven $/Cwt Gain | $78.46 | $80.24 | $81.43 | $83.18 | $84.03 | $83.77 | Breakeven $/Cwt Gain | $79.22 | $82.65 | $83.12 | $84.52 | |
| Death Loss % | 0.85% | 1.63% | 0.70% | 0.86% | 0.42% | 0.74% | Death Loss % | 0.96% | 1.39% | 0.37% | 0.78% | |
| Weighted Average NEg | 59.4 | 59.1 | 60.2 | 60.4 | 60.2 | 60.3 | Weighted Average NEg | 59.1 | 58.3 | 59.5 | 59.5 | |
| Net Sale Price/Cwt | $86.10 | $85.69 | $86.16 | $86.51 | $86.34 | $86.87 | Net Sale Price/Cwt | $86.75 | $86.81 | $86.95 | $86.58 | |
| Average Corn Price/Bu | $1.91 | $1.92 | $1.94 | $1.95 | $1.93 | $1.93 | Average Corn Price/Bu | $1.93 | $1.94 | $1.91 | $1.92 | |
| Net Profit/Loss | $101.74 | $75.31 | $69.03 | $48.09 | $54.07 | $49.66 | Net Profit/Loss | $86.00 | $49.88 | $46.35 | $57.56 | |