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The average FCR for Beef cattle is 6:1. This means, on average, it takes 6 lbs of feed (dry matter) for an animal to gain 1 lb of live weight. The following example illustrates the effect of difference in feed conversion ratio.
Challenge feeding schedule: PeriodConcentrate allowanceLast 2 weeks before calvingStarting from 500g, increase 300 400g daily until the cow is eating 500 1000g per 100kg body weight.First 2 weeks of lactationIncrease 500g per day to free choice level.Second week to peak yield (test day)Free choice3 more rows Dec 29, 2020
Custom feeding is paying someone else to feed your calves because you, the cattle owner, do not have the facilities, time, or expertise to feed cattle.
A custom feedlot is a cattle feeding enterprise that provides the technology, skills and services to someone who wants cattle fed to a specific market weight. Basically, a custom feedlot is a lot like a cattle feeding hotel: it furnishes room, board and services to the feedlot cattle and customers.
Yardage and Other Costs In addition to the yardage, a rancher should inquire about other fees such as processing, hay, insurance, taxes, and check-offs. Cattle producers who feed cattle in a number of custom lots report that the fees other than yardage are quite variable, ranging from zero to over $14 per head.
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LMIC assumes a 6 month feeding window for a 750 pound steer. Feeder cattle averaged $143.35 in June. LMIC estimated total production costs for feeding those animals increased 32% from last year (excluding cost of the feeder), from just under $500 in last December to over $600 in December of 2021.
The most common method of charging for custom feeding feedlot or stocker cattle is by rate of gain. This is also the best way for the Feeder to come out as the loser. You as the Feeder can control the value of the feed that goes in the feeder, but you have little control over the cattle that are eating it.
Yardage cost is the non-feed cost per head for every day that an animal is fed harvested feed in some form of confinement. Yardage is usually associated with calves and yearlings in the feedlot, but this concept can apply to drylotted or wintering cows as well.

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