livestock cost, livestock management
Cooperative Extension Service, South Dakota State University
The budgets in this publication are based on approved farming practices and nutritionally balanced rations. Feed ingredients are priced on their comparative feed values. Com is used as the base for feed grain and other grains are priced based on their relative feed value to com. Alfalfa hay is used as the base for roughage. All roughage and succulents are priced as a percent of alfalfa hay. The livestock husbandman who uses the least-cost rations should not see significant changes in profitability by interchanging feed ingredients.
Pflueger, Burton, "Planning Prices and Livestock Budgets for Farm Management Programs" (1999). SDSU Extension Circulars. 432.