On this page you can edit and fine tune your estimate. You are estimating cost of production for in the region.
Result
Now that you have calculated your cost of production, try the Cornell Meat Price Calculator to set prices for meat cuts or carcasses.
PLEASE REVIEW THIS CAREFULLY
All values are computed as the total annual farm/ranch costs divided by the number of head marketed.
The cost of keeping an animal multiple years (such as a 24-month old beef) is accounted for in the annual number using this system.
For example: If the farm purchases 6 feeder calves each year and markets 8 finished beef each year, then the total cost of animal purchases for the year (let’s say 6 x $500 = $3,000) is divided by the number marketed (8) that year, so the “animal purchase” cost, per head marketed, is $375.
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About Sponsored States
Cornell University has partnered with sponsors to offer the enhanced Price Tool in their states. If you wish to have your state involved, contact your state’s Cooperative Extension, Department of Agriculture, or agricultural non-profits about working with Cornell.