Updated March 2024
File B1-21

Livestock Enterprise Budgets for Iowa - 2024

This publication contains estimates of production costs for common livestock enterprises in Iowa. Estimates are intended to reflect average or above average 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% of the original value of facilities and equipment annually. Interest averages one-half the original value of facilities over its lifetime, or 5% annually. Taxes and insurance add 1% for a total of 14% 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.

These budget tables are presented in the accompanying "pdf" file that you can access by clicking here or on the icon above. For dairy enterprise budgets, visit the ISU Extension and Outreach Dairy Team website.


Tim Christensen, extension field specialist, 515-493-8232, tsc@iastate.edu
Lee Schulz, extension livestock specialist, 515-294-3356, lschulz@iastate.edu

Author

Tim Christensen

extension field specialist
515-493-8232
View more from this author

Author

Lee Schulz

extension economist
515-294-3356
View more from this author
Farrow-to-finish - Pasture Farrow-to-finish - Total Confinement
Finishing feeder pigs
Producing weaned 12 lb. pigs – Total Confinement
Finishing weaned 12 lb. pigs – Total Confinement
Finishing yearling steers - corn and hay ration
Finishing yearling steers - corn and silage ration
Finishing steer calves - corn and hay ration
Finishing steer calves - corn and silage ration
Finishing yearling heifers - corn and hay ration
Finishing yearling heifers - corn and silage ration
Backgrounding steer calves - winter corn and hay ration
Backgrounding steer calves - summer improved pasture
Beef cow-calf
Ewe flock
Feeder lamb