A hay ration priced at eight cents per pound increased feed costs to 58.5 per cent of total production costs and reduced the gross margin to minus $250 - basically breakeven. ![]() “The feed costs for the barley-straw ration amounted to 53 per cent of the total production costs for the herd and resulted in a gross margin of $13,250. steers averaged $210 per cwt, and 600-lb. In a 100-head herd with an 85 per cent weaning percentage, the program assumed 650-lb. ![]() Nibourg also used Ranchers Risk and Return, an Alberta Agriculture program that evaluates the profitability of beef operations, to pencil out how these feed costs would affect a ranch’s profitability. Beef demand remains strong, cattle supply expected to tightenįed cattle Since the start of 2023, the fed cattle cash market has continued to grind higher.
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