2004 Midwest Feedlot Closeout Summaries
Closeouts from Iowa, Illinois, Minnesota, South Dakota and Wisconsin feedlots on the Land O'Lakes Beef Program
| 2004 Feedlot Closeout Comparisons | 2004 Feedlot Closeout Comparisons | ||||||||||||
| Steers | Heifers | ||||||||||||
| <700# | 700-800# | >800# | <600# | >600# | |||||||||
| Top 1/3 | Avg | Top 1/3 | Avg | Top 1/3 | Avg | Top 1/3 | Avg | Top 1/3 | Avg | ||||
| Lots | 79 | 241 | 52 | 157 | 36 | 110 | Lots | 59 | 181 | 71 | 216 | ||
| Cattle Number | 15,048 | 45,782 | 8,911 | 29,133 | 8,285 | 22,597 | Cattle Number | 7,744 | 25,946 | 8,946 | 31,853 | ||
| Purchase Price | $103.94 | $102.98 | $98.23 | $96.73 | $96.61 | $92.27 | Purchase Price | $100.80 | $98.89 | $94.03 | $91.99 | ||
| Pay Weight In | 604 | 603 | 743 | 746 | 865 | 863 | Pay Weight In | 562 | 573 | 751 | 761 | ||
| Sale Pay Weight | 1276 | 1284 | 1335 | 1328 | 1369 | 1358 | Sale Pay Weight | 1133 | 1147 | 1173 | 1195 | ||
| ADG | 3.22 | 2.98 | 3.37 | 3.11 | 3.54 | 3.22 | ADG | 2.93 | 2.66 | 3.02 | 2.83 | ||
| Days In Lot | 205 | 220 | 173 | 183 | 141 | 151 | Days In Lot | 192 | 208 | 140 | 152 | ||
| Net Weight Gain | 667 | 673 | 585 | 574 | 500 | 490 | Net Weight Gain | 563 | 562 | 423 | 431 | ||
| Dry Matter Fed/Lb Gain | 6.14 | 6.89 | 6.48 | 7.25 | 6.44 | 7.45 | Dry Matter Fed/Lb Gain | 6.42 | 7.32 | 6.65 | 7.64 | ||
| Feed Cost/Cwt Gain | $33.36 | $37.16 | $34.58 | $38.27 | $33.06 | $38.34 | Feed Cost/Cwt Gain | $36.17 | $40.39 | $37.64 | $42.26 | ||
| Drug/Vet/Processing | $2.00 | $1.92 | $1.55 | $1.78 | $1.53 | $1.62 | Drug/Vet/Processing | $2.57 | $2.69 | $2.41 | $2.43 | ||
| Yardage Cost/Cwt Gain | $7.28 | $7.58 | $6.80 | $7.30 | $6.26 | $7.01 | Yardage Cost/Cwt Gain | $8.13 | $8.69 | $7.74 | $8.02 | ||
| Interest Cost/Cwt Gain | $3.53 | $3.93 | $3.60 | $4.10 | $3.79 | $4.18 | Interest Cost/Cwt Gain | $3.87 | $4.15 | $4.00 | $4.23 | ||
| Non-Feed Cost/Cwt Gain | $13.02 | $13.61 | $11.77 | $12.71 | $11.66 | $12.61 | Non-Feed Cost/Cwt Gain | $13.10 | $14.68 | $12.99 | $13.63 | ||
| Total Cost/Cwt Gain | $45.96 | $50.04 | $46.28 | $50.73 | $44.35 | $50.44 | Total Cost/Cwt Gain | $49.10 | $54.60 | $50.27 | $55.49 | ||
| Breakeven $/Cwt Gain | $76.86 | $75.79 | $75.49 | $76.97 | $77.74 | $77.72 | Breakeven $/Cwt Gain | $75.32 | $77.25 | $78.83 | $78.68 | ||
| Death Loss % | 0.90% | 1.60% | 0.62% | 0.85% | 0.76% | 0.86% | Death Loss % | 1.53% | 2.26% | 0.76% | 0.98% | ||
| Weighted Average NEg | 59.7 | 59.3 | 60.6 | 60.3 | 60.6 | 60.4 | |||||||