We have updated and revised our annual fall cattle feeder projections for 2019.
New this year are dairy x beef cross calf to 400 pounds, dairy x beef cross 400 to finish, and the Holstein bull calf birth to 400 pounds has been put back in.
Fall 2019 Cattle Feeder Projections (xls) tabs across the bottom show the different scenarios that are summarized on the first tab.
Fall 2019 purchase prices were determined by looking at early October area feeder sales in western Wisconsin and southeastern Minnesota.
Projected sale prices were estimated by looking at futures contract prices and taking into account seasonal and cyclical trends in addition to current placements and animal breed influence on prices.
These projections can serve as an initial guide, however, we strongly encourage producers to use their own numbers rather than our estimated costs to evaluate their own unique situation. The projections spreadsheets are not fully functional, they do not have the yardage calculator and ration cost calculator that the UW Extension Feedlot Enterprise Budget has due to the way they are bundled together into one spreadsheet workbook.
The fully functional UW Extension Enterprise Budget Spreadsheet used to put the projections together can be downloaded at the WBIC site.
Current price and cost structures and volatility have made for rapid changes in the enterprise margins this fall when we put them together, and will likely continue to effect margins .
Prepared by: Bill Halfman, UW- Madison Division of Extension Agriculture Agent Monroe County, Dr. Dan Schaefer, UW- Madison Animal Science, and Dr. Brenda Boetel, UW- Madison Division of Extension Livestock Economist and UW River Falls Ag Economics Department