cattlenetwork.com
As in all of animal agriculture, production costs have risen sharply in the cattle sector, primarily as a result of rising feed costs. For example, in the cattle finishing sector a monthly survey of commercial cattle feedlots by Kansas State University indicates that the cost of gain increased from an average of about $0.54 per pound in 2006 to $0.74 in 2007 and preliminary estimates indicate feedlot costs of gain will average well over $0.80 per pound during 2008, an increase of 54% in just two years. Cattle feeding returns estimated by Iowa State University indicate cattle feeders experienced the largest loss on record ($167 per head) during April since the series began in the 1960s.
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