Livestock > Cost & Return > Budgets and Record Summaries

Livestock Enterprise Budgets for Iowa - 2014

File B1-21
Updated January, 2014

download in pdf format pdf format


decision aids:

xls fileFarrow-to-finish - Pasture
Farrow-to-finish - Total Confinement

xls fileFinishing feeder pigs

 

xls fileProducing weaned 12 lb. pigs – Total Confinement

xls fileFinishing weaned 12 lb. pigs – Total Confinement

xls fileFinishing yearling steers - corn and hay ration
Finishing yearling steers - corn and silage ration

xls fileFinishing steer calves - corn and hay ration
Finishing steer calves - corn and silage ration

xls fileFinishing yearling heifers - corn and hay ration
Finishing yearling heifers - corn and silage ration

xls fileBackgrounding steer calves - winter corn and hay ration
Backgrounding steer calves - summer improved pasture

xls fileBeef cow-calf

 

xls fileEwe flock

 

xls fileFeeder lamb

 

xls fileGrade A Dairy – 20,000 lbs milk per cow annually
Grade A Dairy – 24,000 lbs milk per cow annually

teaching activities:

teaching activity teaching activity

 

teaching activity teaching activity

 

teaching activity teaching activity

This publication contains estimates of production costs for common livestock enterprises in Iowa. Estimates are intended to reflect average or aboveaverage levels of management using common types of technology. Input prices reflect expected average price levels during the year.

These budget tables are presented in the accompanying "pdf" file that you can access by clicking here or on the icon above.

Enter projected estimates for input and sale prices. Suggested input prices are shown on page 2 in the accompanying "pdf" file that you can access by clicking here or on the icon above. Suggested sale prices are shown in Information File Livestock Planning Prices.

Data were drawn from farm record summaries, feed consumption research and price projections, and are intended to be used for planning purposes only. For individual farms, expected costs and input requirements based on past results should be substituted whenever possible.

Each budget contains estimates of the following types of costs:

Fixed Costs. Costs that will occur regardless of the level of production each year. They generally include such things as depreciation, interest, taxes, and insurance on facilities, breeding livestock, and livestock equipment and facilities. Depreciation is assumed to be 8 percent of the original value of facilities and equipment annually. Interest averages one-half the original value of facilities over its lifetime, or 5 percent annually. Taxes and insurance add 1 percent for a total of 14 percent of the original investment annually for fixed costs.

Variable Costs. Costs that vary according to the level of production. Interest is calculated on feed and other variable costs for one-half the production period.

 

Lee Schulz, extension livestock specialist, 515-294-3356, lschulz@iastate.edu
Shane Ellis, extension field specialist, 712-792-2364, shanee@iastate.edu