retained ownership, feedlot performance, feedlot profitability
Three hundred eighty-eight calves representirlg 59 cow-calf producers were consigned to a custom feedlot. Steer calves consigned in October weighed 601 Ib initially, gained 3.03 1b per head daily, and averaged 1148 Ib at slaughter after an average of 182 days on feed. Average cost of gain and profitability were $53.94 per cwt and $90.38 per head, respectively. Steers consigned in January weighed 775 Ib initially, gained 3.31 Ib per head daily, and averaged 1245 Ib at slaughter after 142 days on feed. Average cost of gain and profitability were $50.67 per cwt and $55.66 per head, respectively. Heifers consigned in January weighed 71 8 Ib initially, gained 3.10 Ib per head daily, and averaged 1123 Ib at slaughter after 131 days on feed. Average cost of gain and profitability were $52.39 per cwt and $64.59 per head, respectively. Average daily gain, dressing percentage, quality grade, and cost of gain appeared to impact profitability. Quality grade was especially important for cattle consigned in January. These cattle were sold later in the season when the choice-select price margin was wider as compared to the spread of early marketed cattle consigned in October.
Number of Pages
South Dakota State University
Copyright © 1993 South Dakota State University.
Wagner, J. J.; Feuz, D. M.; and Knutson, B., "South Dakota Retained Ownership Demonstration" (1993). South Dakota Beef Report, 1993. 19.