| Projected Feedlot Returns For Shipping Utah Steers To Be Fed In Nebraska | |||||
| Placement Date | 1/28/2012 | 1/28/2012 | 1/28/2012 | 1/28/2012 | 1/28/2012 |
| Initial Weight | 550 | 650 | 750 | 850 | 950 |
| Initial Price ($/cwt) a | $162.50 | $150.25 | $144.00 | $137.06 | $114.50 |
| Initial Cost ($/head) | $893.75 | $976.63 | $1,080.00 | $1,165.01 | $1,087.75 |
| Projected Average Daily Gain | 2.85 | 3.00 | 3.10 | 3.10 | 3.10 |
| Projected Days on Feed | 220 | 200 | 180 | 160 | 140 |
| Projected Final Weight | 1177 | 1250 | 1308 | 1346 | 1384 |
| Estimated Total Cost of Gain ($/cwt) b | $97.05 | $98.43 | $99.82 | $101.20 | $102.58 |
| Estimated Total Cost of Gain ($/head) | $608.50 | $590.60 | $556.98 | $501.95 | $445.21 |
| Estimated Trucking ($/head) | $22.00 | $26.00 | $30.00 | $34.00 | $38.00 |
| Initial Cost + Total Feeding Cost | $1,524.25 | $1,567.23 | $1,636.98 | $1,666.96 | $1,532.96 |
| Projected Break-even Sales Price | $129.50 | $125.38 | $125.15 | $123.85 | $110.76 |
| Projected Sales Date | 9/4/2012 | 8/15/2012 | 7/26/2012 | 7/6/2012 | 6/16/2012 |
| Current LC Futures Market | $131.48 | $128.50 | $128.50 | $128.50 | $126.85 |
| Historical Basis c | -$2.51 | -$1.33 | -$1.48 | -$1.48 | -$0.07 |
| Estimated Selling Price | $128.97 | $127.17 | $127.02 | $127.02 | $126.78 |
| Projected Returns ($/head) | -$6.28 | $22.40 | $24.44 | $42.73 | $221.67 |
| a Salina Utah Auction Market Price | |||||
| b Based on Values reported by DTN | |||||
| c Nebraska 5-year Average | |||||