2014 Ohio Beef Enterprise Budgets

By:  Barry Ward, Leader, Production Business Management,  Department of Agricultural, Environmental, and Development Economics

Newly updated OSU Extension Beef Enterprise Budgets for 2014 have been posted to the Farm Management Page of the Department of Agricultural, Environmental and Development Economics. Updated Enterprise Budgets can be viewed and downloaded from the following website:

http://aede.osu.edu/research/osu-farm-management/enterprise-budgets

Beef Enterprise Budgets posted for 2014 include:

Market Steer Budget – Days on Feed – 232 (Corn/Soybean Meal Ration)

Market Steer Budget – Days on Feed – 250 (Corn/DDG Ration)

Yearling Market Steer Budget – Days on Feed – 182 (Corn/Soybean Meal Ration)

Yearling Market Steer Budget – Days on Feed – 190 (Corn/DDG Ration)

Market Heifer Budget – Days on Feed – 220 (Corn/Soybean Meal Ration)

Cow-Calf Budget – Spring Calving

These enterprise budgets are compiled on downloadable Excel Spreadsheets that contain macros for ease of use. Users can input their own production and price levels to calculate their own numbers. Detailed footnotes are included to help explain methodologies used to obtain the budget numbers.

Authors of these beef budgets include Dr. Steve Boyles, OSU Extension Beef Specialist; John Grimes, OSU Extension Beef Coordinator; David Dugan, Extension Educator, Agriculture and Natural Resources, Brown, Adams and Highland Counties; Stan Smith, Extension Program Assistant, Agriculture and Natural Resources, Fairfield County; Mike Estadt, Extension Educator, Agriculture and Natural Resources, Pickaway County; Jeff Fisher, Extension Educator, Agriculture and Natural Resources, Pike County; Barry Ward, AEDE, Leader, Production Business Management; and Scott Baldosser, AEDE Undergraduate Student, Agribusiness and Applied Economics.

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