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From Table 1 you can see that the lowest price per pound was reported for the 700-pound feeder steers, at $1.23 per pound. Alternatively, when feeder steer prices are expressed as dollars per head, the 300-pound feeder steer value was the lowest at $501 per head. The highest value was $861 per head for the 700-pound feeder steer.
The cost of delivering feeder cattle is also assessed a finance charge included in the interest expense. At a minimum, transportation will cost $17.24 per yearling finished. Labor cost is assumed to be $30.98 per animal finished based on an hourly rate of $22.teer Calf rations and feed costs. Feed rations for finishing calves are assumed to consist of 49.3 bushels of corn, 724 pounds of hay, 2,050 pounds of modified distiller grain consisting of 50% dry matter, and 128 pounds of mineral and feed supplement.