1999 Midwest Feedlot Closeout Summaries
Closeouts from Iowa, Minnesota, Nebraska and South Dakota feedlots on the Land O
Lakes Beef Program
| Closeouts - 1999 |
|
Closeouts - 1999 |
| Steers |
|
Heifers |
| |
<700# |
700-800# |
>800# |
Totals |
|
|
<600# |
>600# |
Totals |
| Pens |
159 |
103 |
114 |
376 |
|
Pens |
63 |
151 |
214 |
| Cattle Number |
29,514 |
18,951 |
18,798 |
67,263 |
|
Cattle Number |
10,839 |
27,005 |
37,844 |
| Purchase Price |
$76.82 |
$72.77 |
$70.31 |
|
|
Purchase Price |
$73.85 |
$70.03 |
|
| Pay Weight In |
606 |
749 |
885 |
|
|
Pay Weight In |
535 |
715 |
|
| Sale Pay Weight |
1266 |
1293 |
1352 |
|
|
Sale Pay Weight |
1138 |
1176 |
|
| ADG |
2.99 |
3.20 |
3.35 |
|
|
ADG |
2.57 |
2.81 |
|
| Days In Lot |
217 |
169 |
138 |
|
|
Days In Lot |
232 |
163 |
|
| Net Weight Gain |
648 |
540 |
463 |
|
|
Net Weight Gain |
597 |
457 |
|
| Dry Matter Fed/Lb Gain |
6.85 |
7.01 |
7.34 |
|
|
Dry Matter Fed/Lb Gain |
7.35 |
7.55 |
|
| Feed Cost/Cwt Gain |
$29.95 |
$30.40 |
$30.82 |
|
|
Feed Cost/Cwt Gain |
$32.09 |
$32.19 |
|
| Drug/Vet/Processing |
$1.66 |
$1.77 |
$1.93 |
|
|
Drug/Vet/Processing |
$1.78 |
$2.07 |
|
| Yardage Cost/Cwt Gain |
$6.69 |
$5.79 |
$5.48 |
|
|
Yardage Cost/Cwt Gain |
$7.63 |
$6.78 |
|
| Interest Cost/Cwt Gain |
$4.54 |
$4.69 |
$5.19 |
|
|
Interest Cost/Cwt Gain |
$4.47 |
$4.83 |
|
| Non-Feed Cost/Cwt Gain |
$13.03 |
$12.35 |
$12.71 |
|
|
Non-Feed Cost/Cwt Gain |
$13.85 |
$13.53 |
|
| Total Cost/Cwt Gain |
$42.68 |
$42.57 |
$42.04 |
|
|
Total Cost/Cwt Gain |
$45.85 |
$45.05 |
|
| Breakeven $/Cwt Gain |
$59.16 |
$60.18 |
$60.92 |
|
|
Breakeven $/Cwt Gain |
$58.81 |
$60.49 |
|
| Death Loss % |
1.17% |
0.50% |
0.45% |
|
|
Death Loss % |
1.15% |
0.76% |
|
| Weighted Average NEg |
58.3 |
59.5 |
59.7 |
|
|
Weighted Average NEg |
57.1 |
59.2 |
|
| Net Sale Price/Cwt |
$64.73 |
$65.13 |
$64.64 |
|
|
Net Sale Price/Cwt |
$65.63 |
$64.80 |
|
| Average Corn Price/Bu |
$1.98 |
$1.94 |
$1.88 |
|
|
Average Corn Price/Bu |
$1.90 |
$1.89 |
|
| Net Profit/Loss |
$70.93 |
$64.81 |
$55.38 |
|
|
Net Profit/Loss |
$78.20 |
$51.71 |
|
05/14/2001