2001 Midwest Feedlot Closeout Summaries  

Closeouts from Iowa, Illinois, Minnesota, Nebraska and South Dakota feedlots 

on the Land O Lakes/Farmland Beef Program

2001 Feedlot Closeouts

 

2001 Feedlot Closeouts

Steers

 

Heifers

<700#

700-800#

>800#

Totals

 

<600#

>600#

Totals

Pens

179

116

105

400

 

Pens

70

127

197

Cattle Number

37,249

22,168

20,095

79,512

 

Cattle Number

12,418

23,315

35,733

Purchase Price

$98.93

$89.83

$86.29

 

Purchase Price

$95.45

$86.58

Pay Weight In

604

758

862

 

Pay Weight In

546

733

Sale Pay Weight

1256

1290

1342

 

Sale Pay Weight

1126

1184

ADG

2.72

2.93

3.12

 

ADG

2.43

2.60

Days In Lot

234

181

154

 

Days In Lot

232

171

Net Weight Gain

638

528

475

 

Net Weight Gain

571

452

Dry Matter Fed/Lb Gain

7.56

7.67

7.89

 

Dry Matter Fed/Lb Gain

7.73

8.29

Feed Cost/Cwt Gain

$32.59

$33.25

$33.72

 

Feed Cost/Cwt Gain

$33.99

$36.23

Drug/Vet/Processing

$1.98

$2.22

$1.80

 

Drug/Vet/Processing

$2.09

$2.07

Yardage Cost/Cwt Gain

$7.64

$6.98

$6.40

 

Yardage Cost/Cwt Gain

$8.46

$7.50

Interest Cost/Cwt Gain

$6.50

$6.61

$6.38

 

Interest Cost/Cwt Gain

$6.57

$6.66

Non-Feed Cost/Cwt Gain

$15.44

$14.94

$13.90

 

Non-Feed Cost/Cwt Gain

$16.62

$14.67

Total Cost/Cwt Gain

$47.65

$47.33

$45.98

 

Total Cost/Cwt Gain

$50.10

$50.12

Breakeven $/Cwt Gain

$72.72

$73.00

$72.44

 

Breakeven $/Cwt Gain

$72.72

$72.34

Death Loss %

1.79%

0.85%

0.51%

 

Death Loss %

1.77%

0.84%

Weighted Average NEg

58.8

59.8

59.8

 

Weighted Average NEg

58.0

59.3

Net Sale Price/Cwt

$73.61

$73.39

$72.27

 

Net Sale Price/Cwt

$73.91

$72.73

Average Corn Price/Bu

$1.87

$1.87

$1.84

 

Average Corn Price/Bu

$1.85

$1.85

Net Profit/Loss

$10.23

$3.61

($1.38)

 

Net Profit/Loss

$14.35

$3.63

02/25/2002

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