Table 2.
Effect of improvement in average daily gain (ADG) and feed conversion efficiency (FCE) on steer profitability1.
| Item | Average | 10% higher ADG | 10% higher FCE2 |
|---|---|---|---|
| DMI, kg/d | 8.5 | 9.1 | 8.5 |
| ADG, kg/d | 1.45 | 1.60 | 1.63 |
| Feed to gain | 5.86 | 5.68 | 5.21 |
| Feed cost, $ | 176 | 172 | 157 |
| Non-feed cost, $ | 98 | 91 | 89 |
| Total cost of gain3, $ | 274 | 263 | 246 |
| Profit, $ | 65 | 77 | 93 |
DMI = dry matter intake.
1
Computed with Cornell Value Discovery System (Tedeschi et al., 2001; Fox et al., 2001).
2
FCE is the ratio of feed to gain.
3
Total cost of gain = Feed cost + Non-feed cost.