A natural question to ask is whether the October value represents a peak. This value exceeded the relatively high cost of gains experienced in early 2013. Feeding cost of gain in October, the latest month for which data were available, was $135.92. Feeding Cost of Gainįigure 1 illustrates monthly feeding cost of gain from January 2012 to October 2022. Net returns were computed using feeding cost of gain from monthly issues of the Focus on Feedlots newsletter, fed cattle prices and feeder cattle prices reported by the Livestock Marketing Information Center (LMIC), and interest rates from the Federal Reserve Bank of Kansas City. Futures prices for corn and seasonal feed conversion rates were used to project feeding cost of gain for the next several months. Average daily gain, feed conversion, days on feed, in weight, out weight, and feeding cost of gain were obtained from monthly issues of the Focus on Feedlots newsletter. Several data sources were used to compute net returns. Given this, what are prospects for net returns in 2023? This article examines feeding cost of gain, breakeven prices, and net return estimates for 2022, and provides projections for the first half of 2023. Illinois Farmland Leasing & Rental Formsĭue to relatively strong fed cattle prices, cattle finishing net returns ended 2022 on a more positive note.Illinois Crop Budgets & Historic Returns.Farmland LEasing Facts Sheets & Pricing Information.Illinois Soil Productivity & Yield Utilities.Briomass Crop Budget Tool – Miscanthus & Switchgrass.Appraisal of Current Financial Position. ![]() Balance Sheet & Historical Financial Statements.Post Application Coverage Endorsement Tool (Sheet).Precision Conservation Management (PCM).
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