BeefTalk: A Dollar a Day and Counting
Kris Ringwall, Beef Specialist, NDSU Extension Service
Cattle producers make hay because their cows need feed in winter. Did you know about 76 percent of maintaining a cow is feed costs? That number is from the North Dakota Farm Management education program. Their 2016 data showed beef producers had a gross margin of $633.61 and a total cost of feeding the cow of $348.87, with total direct costs at $458.68. Divide the $348.87 by the total direct costs. The answer rounds to 76 percent.