2002 Midwest Feedlot Closeout Summaries  

Closeouts from Iowa, Minnesota, and South Dakota feedlots 

on the Land O'Lakes Beef Program

2002 Feedlot Closeouts

 

2002 Feedlot Closeouts

Steers

 

Heifers

<700#

700-800#

>800#

Totals

 

<600#

>600#

Totals

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

Pay Weight In

607

754

860

 

Pay Weight In

546

713

Sale Pay Weight

1290

1330

1360

 

Sale Pay Weight

1160

1220

ADG

2.96

3.18

3.18

 

ADG

2.64

2.79

Days In Lot

229

181

160

 

Days In Lot

227

172

Net Weight Gain

684

572

503

 

Net Weight Gain

615

480

Dry Matter Fed/Lb Gain

7.01

7.13

7.32

 

Dry Matter Fed/Lb Gain

7.26

7.51

Feed Cost/Cwt Gain

31.04

31.97

33.30

 

Feed Cost/Cwt Gain

32.69

35.17

Drug/Vet/Processing/cwt

$1.78

$1.90

$1.70

 

Drug/Vet/Processing/cwt

$2.21

$1.89

Yardage Cost/Cwt Gain

$7.33

$6.70

$6.50

 

Yardage Cost/Cwt Gain

$8.25

$7.54

Interest Cost/Cwt Gain

$4.60

$4.46

$4.62

 

Interest Cost/Cwt Gain

$5.00

$5.08

Non-Feed Cost/Cwt Gain

$13.58

$12.51

$12.45

 

Non-Feed Cost/Cwt Gain

$14.51

$14.07

Total Cost/Cwt Gain

$44.11

$44.14

$45.26

 

Total Cost/Cwt Gain

$47.04

$48.61

Breakeven $/Cwt Gain

$68.73

$68.29

$68.41

 

Breakeven $/Cwt Gain

$68.58

$68.33

Death Loss %

1.32%

0.69%

0.54%

 

Death Loss %

1.58%

.88%

Weighted Average NEg

59.2

59.9

60.1

 

Weighted Average NEg

57.2

59.5

Net Sale Price/Cwt

$66.21

$66.50

$66.97

 

Net Sale Price/Cwt

$65.74

$66.49

Average Corn Price/Bu

$1.99

$2.02

$2.06

 

Average Corn Price/Bu

$1.93

$1.97

Net Profit/Loss

($30.11)

($22.90)

($23.61)

 

Net Profit/Loss

($27.56)

($19.95)

02/17/2003 03:55 PM