Closeouts from Feedlots serviced by Land O'Lakes Beef Production Specialists and Beef Enterprise Consultants.
Closeouts from feedlots in Iowa, Minnesota and South Dakota
| 2008 Feedlot Top 1/3 Closeout Comparisons | 2008 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 | 76 | 227 | 56 | 169 | 63 | 193 | Lots | 26 | 81 | 40 | 121 | |
| Cattle Number | 13,061 | 38,050 | 9,846 | 28,340 | 13,485 | 37,396 | Cattle Number | 3,166 | 10,085 | 5,503 | 17,806 | |
| Purchase Price | $117.20 | $114.39 | $108.82 | $109.22 | $105.66 | $105.46 | Purchase Price | $112.27 | $110.20 | $102.38 | $102.13 | |
| Pay Weight In | 611 | 608 | 742 | 748 | 882 | 877 | Pay Weight In | 561 | 572 | 750 | 770 | |
| Sale Pay Weight | 1337 | 1334 | 1393 | 1387 | 1458 | 1420 | Sale Pay Weight | 1221 | 1208 | 1261 | 1239 | |
| ADG | 3.21 | 2.86 | 3.34 | 3.11 | 3.72 | 3.25 | ADG | 3.02 | 2.66 | 3.17 | 2.75 | |
| Days In Lot | 219 | 245 | 191 | 202 | 153 | 166 | Days In Lot | 214 | 225 | 163 | 167 | |
| Net Weight Gain | 718 | 716 | 651 | 635 | 570 | 538 | Net Weight Gain | 657 | 615 | 508 | 466 | |
| Dry Matter Fed/Lb Gain | 6.53 | 7.49 | 6.78 | 7.61 | 6.69 | 7.78 | Dry Matter Fed/Lb Gain | 6.67 | 7.67 | 7.09 | 8.34 | |
| Feed Cost/Cwt Gain | $53.17 | $60.05 | $59.70 | $63.04 | $57.91 | $65.13 | Feed Cost/Cwt Gain | $56.61 | $63.92 | $62.06 | $70.25 | |
| Drug/Vet/Processing | $1.52 | $1.53 | $1.88 | $1.62 | $1.66 | $1.66 | Drug/Vet/Processing | $2.18 | $1.98 | $1.73 | $2.01 | |
| Yardage Cost/Cwt Gain | $8.50 | $9.53 | $7.96 | $8.52 | $7.62 | $8.45 | Yardage Cost/Cwt Gain | $9.10 | $10.44 | $8.14 | $9.98 | |
| Interest Cost/Cwt Gain | $5.68 | $6.36 | $5.50 | $5.96 | $5.19 | $6.15 | Interest Cost/Cwt Gain | $5.84 | $6.80 | $5.59 | $7.20 | |
| Non-Feed Cost/Cwt Gain | $16.18 | $18.32 | $16.04 | $16.24 | $14.05 | $15.42 | Non-Feed Cost/Cwt Gain | $17.98 | $21.53 | $14.91 | $19.08 | |
| Total Cost/Cwt Gain | $68.17 | $77.11 | $75.31 | $78.87 | $71.36 | $80.02 | Total Cost/Cwt Gain | $72.71 | $82.21 | $76.22 | $87.87 | |
| Breakeven $/Cwt Gain | $91.54 | $95.01 | $93.50 | $95.75 | $92.38 | $95.67 | Breakeven $/Cwt Gain | $92.04 | $97.10 | $92.62 | $96.55 | |
| Death Loss % | 1.38% | 1.65% | 0.71% | 0.88% | 0.34% | 0.58% | Death Loss % | 1.06% | 2.08% | 0.49% | 0.78% | |
| Weighted Average NEg | 59.8 | 59.6 | 60.3 | 60.4 | 61.2 | 60.9 | Weighted Average NEg | 59.1 | 59.0 | 60.0 | 59.5 | |
| Net Sale Price/Cwt | $92.80 | $93.59 | $93.79 | $93.21 | $91.89 | $92.11 | Net Sale Price/Cwt | $94.55 | $94.38 | $93.17 | $93.54 | |
| Average Corn Price/Bu | $4.50 | $4.50 | $4.92 | $4.60 | $4.70 | $4.57 | Average Corn Price/Bu | $4.49 | $4.55 | $4.89 | $4.81 | |
| Net Profit/Loss | $19.70 | ($15.79) | $6.81 | ($33.74) | ($1.66) | ($45.41) | Net Profit/Loss | $33.72 | ($31.03) | $12.87 | ($33.81) | |