Abstract

This study examined the relative importance of price and animal performance factors on cattle finishing profitability. Using data from a single feedlot, sale prices, feeder prices, and corn prices explained 90 to 95% of the variation in steer profits. About 50% of the variability was explained by fed cattle prices alone. Because sale, feeder, and corn prices have a large impact on profits per head, cattle feeders should attempt to manage the risks associated with these three factors.

Keywords: Cattlemen's Day, 1992, Kansas Agricultural Experiment Station contribution, no. 92-407-S, Report of progress (Kansas State University. Agricultural Experiment Station and Cooperative Extension Service), 651, Beef, Cattle finishing profitability, Sale prices, Feeder cattle prices

How to Cite:

Langemeier, M. R., Mintert, J. & Schroeder, T. C., (1992) “Factors affecting variability in feedlot steer profits”, Kansas Agricultural Experiment Station Research Reports 1(1), 59-61. doi: https://doi.org/10.4148/2378-5977.2161