Cattle averaged 937.8 pounds upon delivery to the CREC Livestock Unit on June 13, 2022 (Table 1). After an average 118-day feeding period, cattle averaged 1482.8 pounds (at plant, shrunk weight). Death loss was 0% (0 head) during the feeding period. Average daily feed intake per head was 47.1 pounds on an as-fed basis and 31.1 pounds on a dry-matter basis. Pounds of feed required per pound of gain were 10.2 on an as-fed basis and 6.7 pounds on a dry-matter basis. The overall feed cost per pound of gain was $0.85. The overall yardage cost per pound of gain was $0.09. The combined cost per pound of gain, including feed, yardage, veterinary, trucking and other expenses except interest, was $1.14. Calves were priced by weight upon delivery to the feedlot. The pricing equation ($ per 100 pounds = (-0.13652* initial calf weight, pounds) + 285.1283) was determined by regression analysis on local livestock auction prices reported for the weeks before and after delivery. Overall, the carcasses contained U.S. Department of Agriculture Quality Grades at 10.3 percent Prime, 77.9 percent Choice (including 47.0 percent Certified Angus Beef), 11.8 percent Select, and 0 percent no roll. USDA Yield Grades for the carcasses were 7.4 percent YG2, 61.8 percent YG3, 29.4 percent YG4 and 1.4 percent YG5. Two carcasses weighed greater than 1050 pounds. Carcass value per 100 pounds (cwt) was calculated using the actual base carcass price plus premiums and discounts for each carcass. The grid price per cwt received for Oct 6, 2022, was $235.19 Choice YG3 base with premiums: Prime $15, CAB $6, YG2 $3, and discounts: Select $24, YG4 $8, YG5 $20 and carcasses greater than 1050 pounds $20. The grid price per cwt received for Oct 22, 2022, was $242.94 Choice YG3 base with similar premiums and discounts except for Select $28/cwt. The top-profit pen of calves returned $218.88 per head, while the lowest profit (loss) calves returned ($89.67) per head. The spread between the top profit pen and the lowest profit pen was $308.55 per head. Yearling Angus steer performance varied between owners. Feed conversion ranged from 5.7 to 7.37 pounds dry matter fed per pound of gain. Average daily gain ranged from 5 to 7.20 pounds per day. Feedout projects continue to provide cattle producers an opportunity to learn about feedlot performance, individual carcass differences, and discover the value of their cattle.
Table 1. North Dakota Angus University Feedout 2022
Pen | No. head | No. died | Weight in, lb | Weight out, lb | Average daily gain, lb/day | Feed/gain, lb dry matter/ lb gain | Feed cost of gain/lb | Total cost of gain/ lb. | % prime | % CAB | Profit/head |
1 | 9 | 0 | 941.3 | 1476.4 | 4.735 | 5.700 | 0.718 | 0.999 | 11.1 | 22.2 | $84.94 |
2 | 5 | 0 | 977.0 | 1451.6 | 4.200 | 6.800 | 0.856 | 1.282 | 0.0 | 60.0 | $80.65 |
3 | 10 | 0 | 1000.4 | 1534.5 | 4.727 | 6.673 | 0.839 | 1.132 | 20.0 | 80.0 | $218.88 |
4 | 21 | 0 | 979.7 | 1544.6 | 5.000 | 6.604 | 0.831 | 1.115 | 19.0 | 47.6 | $170.16 |
5 | 23 | 0 | 862.5 | 1413.3 | 4.269 | 7.375 | 0.928 | 1.238 | 0.0 | 8.7 | $(89.67) |
overall | 68 | 0 | 937.8 | 1482.8 | 4.600 | 6.770 | 0.852 | 1.143 | 10.6 | 48.5 | $78.19 |
std dev | 7.9 | 0.0 | 54.4 | 55.5 | 0.3 | 0.6 | 0.1 | 0.1 | 9.78 | 28.66 | 117.7 |
number | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |