Team Name KEY Team Number 2009 State Fair Stockmens Contest – Senior Team Problem You have a group of steers that have just been weaned. The information about 3 of the calves from the group is shown below. Tag Born Birth Wt Wean Date Wean Age Actual Wean Adjusted Wean in Days Weight Weight 31 U 2/18 82 9/24 218 566 537 32U 2/19 79 9/24 217 523 498 33U 2/22 86 9/24 214 581 560 Average for all Calves 83 9/24 208 542 529 1. What is the Weight per Day of Age at weaning for number 32U? 533 lbs ÷ 217 days= 2.4 lbs per day 2.4 2. What is the Adjusted Weaning Weight Ratio for Number 33U? 560 lbs ÷ 529 lbs X 100= 105.9 Answer with 1 decimal 105.9 3. If you backgrounded the calves for 56 days after weaning and wanted them to weigh 680 pounds at that time, what is the Average Daily Gain needed by calf number 31U? 680lbs- 566lbs= 114lbs ÷ 56 days= 2.03 lbs per day 4. You send a group of calves to a custom feedlot in Iowa. You and a neighbor each put 35 calves on the truck, and share the trucking expense. The total bill for trucking was $2800. What is the trucking cost per head? $2800 ÷ 70 head = $40 Lbs 1 decimal Pounds, 2 Decimals 2.03 $40 5.The cattle were fed for 220 days, then sold for slaughter. The feedlot calculated the average cost per head as follows: Feed $440 Yardage $ 66 Interest $ 16 What is the average cost per head per day? Total cost= 440 + 66 + 16= $ 522 per head ÷ 220 days=$2.37 6. The average steer gained 3.3 pounds per day while in the feedlot. What is the Cost per pound of gain for the average steer, which started on feed at 680 pounds? 3.3 lbs per day X 220 days= 726 lbs Avg cost per head= $522 726lbs ÷$522= $0.72 per lbs 7. Steers had final weights as follows: 7. Tag Final Live Wt Hot Carcass Wt 31 U 1320 835 32U 1265 810 33U 1370 870 What is the average dressing percent for these 3 cattle? (Answer with 1 decimal) Final Live Wt total = 3935lbs Final Hot Carcass Wt Total = 2515 lbs 2515÷ 3935 X 100%= 63.6% 8. The grade outcome of these 3 steers was Tag Hot Carcass Wt Quality Grade Yield Grade 31 U 835 Select + 2.1 32U 810 Choice 2.8 33U 870 Choice + 3.4 $2.37 $0.72 63.6% The pricing grid ($ per 100 pounds of hot carcass weight) was: 8. $1.435 Choice $140 Premium or Discount Choice avg or Choice + + $3.50 Prime + $8.00 Select - $7.00 What was the price per pound of Hot Carcass Weight paid for 33U? 9. Per 100 lbs price = $143.50 ÷ 100 lbs= $1.435 9. What is the total price paid for number 31U? Per 100 lbs price = $133.00 ÷ 100 lbs = $1.33 per lbs X 835lbs=$1110.55 10. If the value of 31U as a 650-pound feeder was $90/cwt, then calculate the total cost of this steer at the time of slaughter. Use the average costs from Questions 4 and 5 in addition to his beginning value. $90 per cwt X 650 lbs= $585; Avg Cost per head= $522; Cost of trucking per head= $40 Total Cost= $585 + $522 + $40 = $1147.00 $1110.55 $1147.00