Closeouts from Feedlots serviced by Land O'Lakes Beef Production Specialists and Beef Enterprise Consultants.
Closeouts from feedlots in Iowa, Minnesota and South Dakota
| 2006 Feedlot Top 1/3 Closeout Comparisons | 2006 Feedlot Top 1/3 Closeout Comparisons | |||||||||||
| Steers | Heifers | |||||||||||
| <700# | 700-800# | >800# | <650# | >650# | ||||||||
| Top 1/3 | Avg | Top 1/3 | Avg | Top 1/3 | Avg | Top 1/3 | Avg | Top 1/3 | Avg | |||
| Lots | 85 | 256 | 46 | 138 | 45 | 136 | Lots | 28 | 83 | 37 | 113 | |
| Cattle Number | 14,028 | 46,187 | 10,225 | 25,855 | 9,940 | 28,030 | Cattle Number | 3,997 | 11,278 | 5,101 | 15,599 | |
| Purchase Price | $126.77 | $125.75 | $115.88 | $114.57 | $103.36 | $105.35 | Purchase Price | $122.28 | $121.06 | $109.35 | $108.11 | |
| Pay Weight In | 596 | 594 | 752 | 754 | 865 | 874 | Pay Weight In | 561 | 573 | 745 | 746 | |
| Sale Pay Weight | 1314 | 1321 | 1376 | 1367 | 1417 | 1387 | Sale Pay Weight | 1193 | 1207 | 1263 | 1246 | |
| ADG | 3.21 | 2.96 | 3.41 | 3.13 | 3.45 | 3.10 | ADG | 2.85 | 2.64 | 3.18 | 2.81 | |
| Days In Lot | 209 | 234 | 179 | 191 | 158 | 162 | Days In Lot | 211 | 227 | 160 | 174 | |
| Net Weight Gain | 718 | 716 | 625 | 609 | 554 | 507 | Net Weight Gain | 641 | 622 | 523 | 502 | |
| Dry Matter Fed/Lb Gain | 6.27 | 7.03 | 6.53 | 7.31 | 6.82 | 7.85 | Dry Matter Fed/Lb Gain | 6.55 | 7.46 | 6.94 | 7.85 | |
| Feed Cost/Cwt Gain | $28.32 | $31.39 | $29.28 | $32.92 | $31.01 | $35.76 | Feed Cost/Cwt Gain | $30.06 | $34.20 | $32.16 | $36.43 | |
| Drug/Vet/Processing | $1.64 | $1.73 | $1.81 | $1.75 | $1.66 | $1.73 | Drug/Vet/Processing | $2.48 | $2.09 | $2.12 | $1.97 | |
| Yardage Cost/Cwt Gain | $7.89 | $8.10 | $6.78 | $7.60 | $6.89 | $7.70 | Yardage Cost/Cwt Gain | $8.79 | $9.20 | $7.12 | $8.27 | |
| Interest Cost/Cwt Gain | $5.32 | $5.58 | $5.44 | $5.99 | $5.99 | $6.50 | Interest Cost/Cwt Gain | $5.70 | $6.35 | $5.78 | $6.47 | |
| Non-Feed Cost/Cwt Gain | $16.04 | $15.96 | $13.77 | $15.25 | $13.90 | $15.61 | Non-Feed Cost/Cwt Gain | $16.61 | $17.31 | $13.94 | $16.19 | |
| Total Cost/Cwt Gain | $43.33 | $46.45 | $41.53 | $47.09 | $44.42 | $50.26 | Total Cost/Cwt Gain | $45.65 | $50.85 | $45.61 | $51.72 | |
| Breakeven $/Cwt Gain | $82.58 | $83.23 | $83.37 | $85.39 | $81.38 | $85.63 | Breakeven $/Cwt Gain | $83.11 | $85.84 | $83.33 | $84.62 | |
| Death Loss % | 0.91% | 1.79% | 0.67% | 0.96% | 0.47% | 0.79% | Death Loss % | 0.94% | 1.68% | 0.76% | 0.70% | |
| Weighted Average NEg | 59.5 | 59.3 | 60.5 | 60.5 | 61.1 | 60.9 | Weighted Average NEg | 58.8 | 58.7 | 59.6 | 59.6 | |
| Net Sale Price/Cwt | $83.74 | $84.17 | $84.10 | $85.65 | $85.90 | $86.53 | Net Sale Price/Cwt | $83.22 | $84.92 | $88.31 | $87.10 | |
| Average Corn Price/Bu | $2.03 | $2.06 | $2.07 | $2.16 | $2.25 | $2.19 | Average Corn Price/Bu | $2.04 | $2.08 | $2.01 | $2.10 | |
| Net Profit/Loss | $34.24 | $20.82 | $22.49 | $12.09 | $82.38 | $21.64 | Net Profit/Loss | $18.84 | ($1.78) | $44.88 | $12.64 | |