The guideline can be useful for comparison purposes. Fixed costs are based on estimates of new costs. The budget may be adjusted by putting your figures in the appropriate column. Each cow-calf producer is encouraged to determine their own costs of production based on their own inputs, pasture program, and management. Building and equipment are valued at new cost.
All feed is valued at market value.
Manure removal is contracted out. Replacement heifers are valued at fair market value. This budget assumes an average weaning weight of 575 lbs.