The following estimated budget includes two different production levels. Production levels vary for a number of reasons including livestock quality or genetics, weather, input levels, and management. The two production levels included in this estimated budget primarily reflect production variability due to weather and management. Budgeting at multiple production levels can help producers examine the financial risk of a livestock enterprise that is directly related to production risk. This wheat graze-out budget includes columns for two alternative performance levels for both steer and heifer grazing systems.
Performance varies due to differences in average daily gain.
The values assumed are included in Table 1 and are deviations from long-term averages. This text was extracted from the publication, MF-1010.