Replacement heifer management
Ken Olson
Tri State Livestock News
Simply stated, cow depreciation is the cost of developing a heifer to replace the cow amortized over the life of the cow. This includes the value of the heifer calf that can’t be sold, and also includes feed, veterinary, breeding and other costs of owning the heifer from weaning until she produces a calf as a two-year-old.
The Beef Blog 