PUBLICATION W1323
Cattle Budgeting by Production Stage
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Summary
Budgets are fundamental for most businesses and can be used for production planning, cost management, and end of the year profitability calculations. For cattle production, budgets should be developed for each stage of production. Segregating stages of production into different budgets allows for evaluation of most profitable and least profitable segments. The objective is to outline production stages and a budgeting example.
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Based on the subjects and categories of this publication, you may be interested in the following resources.
Understanding Cost of Gain and Value of Gain in Cattle
Capital Considerations for Building or Rebuilding a Cattle Herd
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