Closeouts from Feedlots serviced by Land O'Lakes Beef Production Specialists and Beef Enterprise Consultants.

Closeouts from feedlots in Iowa, Minnesota and South Dakota

2007 Feedlot Top 1/3 Closeout Comparisons   2007 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 77 229 42 128 57 171   Lots 26 82 49 154
Cattle Number      13,218     38,337       7,447     22,971       9,509     29,423   Cattle Number        2,671       9,923       4,984      19,570
Purchase Price $120.64 $117.54 $106.18 $108.78 $104.54 $104.47   Purchase Price $116.15 $111.81 $104.75 $103.12
Pay Weight In 580 590 746 746 874 881   Pay Weight In 572 574 749 762
Sale Pay Weight 1328 1329 1384 1366 1423 1398   Sale Pay Weight 1225 1204 1245 1242
ADG 3.07 2.85 3.34 3.05 3.63 3.22   ADG 2.84 2.61 3.01 2.78
Days In Lot 229 247 187 197 151 159   Days In Lot 205 224 164 170
Net Weight Gain 729 724 630 612 541 512   Net Weight Gain 664 622 500 477
Dry Matter Fed/Lb Gain 6.52 7.32 6.80 7.45 6.75 7.68   Dry Matter Fed/Lb Gain 6.56 7.56 6.91 7.71
Feed Cost/Cwt Gain $41.41 $45.42 $44.42 $47.34 $44.03 $49.35   Feed Cost/Cwt Gain $43.49 $49.94 $49.46 $52.04
Drug/Vet/Processing $1.69 $1.65 $1.52 $1.63 $1.58 $1.64   Drug/Vet/Processing $2.14 $1.80 $2.06 $1.88
Yardage Cost/Cwt Gain $8.46 $9.01 $7.44 $8.16 $7.34 $8.14   Yardage Cost/Cwt Gain $9.40 $10.25 $7.98 $8.79
Interest Cost/Cwt Gain $5.97 $6.27 $5.95 $6.53 $6.02 $6.95   Interest Cost/Cwt Gain $7.01 $7.01 $6.14 $7.05
Non-Feed Cost/Cwt Gain $16.46 $17.19 $15.44 $15.88 $14.07 $15.74   Non-Feed Cost/Cwt Gain $20.04 $20.30 $15.51 $16.74
Total Cost/Cwt Gain $57.05 $62.11 $58.51 $62.24 $58.02 $64.75   Total Cost/Cwt Gain $59.83 $67.68 $63.81 $67.99
Breakeven $/Cwt Gain $85.39 $87.04 $85.19 $89.48 $85.40 $89.43   Breakeven $/Cwt Gain $88.67 $90.01 $87.97 $88.67
Death Loss % 1.40% 1.74% 0.56% 0.83% 0.29% 0.51%   Death Loss % 1.30% 1.48% 0.54% 0.86%
Weighted Average NEg 60.2 60.1 60.6 60.8 61.0 60.9   Weighted Average NEg 58.9 58.4 60.0 59.8
Net Sale Price/Cwt $91.50 $90.37 $91.17 $91.94 $90.28 $91.18   Net Sale Price/Cwt $93.57 $92.66