NALRF_BIF | Page 26

COST ASSUMPTIONS

▪ Value established using Jan 2024 weight and SD USDA report( steers and heifers)

▪ Diet cost per ton DM = $ 200

▪ Yardage = $ 0.50 per day

▪ Trucking, Vet, etc. = $ 85 / head

▪ Interest( 8.5 %- feeder calf plus feed)

▪ Ending value calculated from Cargill settlement

▪ Estimated Net Return – your mileage may vary!