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FINPACK Livestock Budgets

Pauline Van Nurden and, Dale Nordquist (August, 2023)

Summary

These budgets are intended to provide guidelines for developing FINPACK livestock plans. They are based on the actual costs and returns of Minnesota farm producers included in the FINBIN Farm Financial Database in 2022. Where sufficient farms reported results, the farms are sorted into low/medium/and high profit groups to show the range of results. Note that prices listed are the actual prices received for 2022 sales. When using these budgets to project future cash flows, adjustments should be made to these prices.