| 2002 Midwest Feedlot Closeout Summaries
Closeouts from Iowa, Minnesota, and South Dakota feedlots on the Land O'Lakes Beef Program |
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2002 Feedlot Closeouts |
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2002 Feedlot Closeouts |
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|
Steers |
|
Heifers |
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|
<700# |
700-800# |
>800# |
Totals |
|
<600# |
>600# |
Totals |
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|
Pens |
179 |
142 |
142 |
463 |
|
Pens |
72 |
212 |
284 |
|
Cattle Number |
34,873 |
24,842 |
28,031 |
87,746 |
|
Cattle Number |
11,779 |
32,215 |
43,994 |
|
Purchase Price |
$95.20 |
$86.10 |
$81.91 |
|
Purchase Price |
$91.80 |
$81.16 |
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|
Pay Weight In |
607 |
754 |
860 |
|
Pay Weight In |
546 |
713 |
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|
Sale Pay Weight |
1290 |
1330 |
1360 |
|
Sale Pay Weight |
1160 |
1220 |
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|
ADG |
2.96 |
3.18 |
3.18 |
|
ADG |
2.64 |
2.79 |
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|
Days In Lot |
229 |
181 |
160 |
|
Days In Lot |
227 |
172 |
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|
Net Weight Gain |
684 |
572 |
503 |
|
Net Weight Gain |
615 |
480 |
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|
Dry Matter Fed/Lb Gain |
7.01 |
7.13 |
7.32 |
|
Dry Matter Fed/Lb Gain |
7.26 |
7.51 |
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|
Feed Cost/Cwt Gain |
31.04 |
31.97 |
33.30 |
|
Feed Cost/Cwt Gain |
32.69 |
35.17 |
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|
Drug/Vet/Processing/cwt |
$1.78 |
$1.90 |
$1.70 |
|
Drug/Vet/Processing/cwt |
$2.21 |
$1.89 |
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|
Yardage Cost/Cwt Gain |
$7.33 |
$6.70 |
$6.50 |
|
Yardage Cost/Cwt Gain |
$8.25 |
$7.54 |
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|
Interest Cost/Cwt Gain |
$4.60 |
$4.46 |
$4.62 |
|
Interest Cost/Cwt Gain |
$5.00 |
$5.08 |
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|
Non-Feed Cost/Cwt Gain |
$13.58 |
$12.51 |
$12.45 |
|
Non-Feed Cost/Cwt Gain |
$14.51 |
$14.07 |
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|
Total Cost/Cwt Gain |
$44.11 |
$44.14 |
$45.26 |
|
Total Cost/Cwt Gain |
$47.04 |
$48.61 |
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|
Breakeven $/Cwt Gain |
$68.73 |
$68.29 |
$68.41 |
|
Breakeven $/Cwt Gain |
$68.58 |
$68.33 |
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|
Death Loss % |
1.32% |
0.69% |
0.54% |
|
Death Loss % |
1.58% |
.88% |
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|
Weighted Average NEg |
59.2 |
59.9 |
60.1 |
|
Weighted Average NEg |
57.2 |
59.5 |
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|
Net Sale Price/Cwt |
$66.21 |
$66.50 |
$66.97 |
|
Net Sale Price/Cwt |
$65.74 |
$66.49 |
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|
Average Corn Price/Bu |
$1.99 |
$2.02 |
$2.06 |
|
Average Corn Price/Bu |
$1.93 |
$1.97 |
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|
Net Profit/Loss |
($30.11) |
($22.90) |
($23.61) |
|
Net Profit/Loss |
($27.56) |
($19.95) |
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02/17/2003 03:55 PM