Thanks for the replies everyone, it looks like $1-$1.50 per day is the most common range. With that being said let me run a basic budget by y’all and you can tell me how far off I am.

Say for easy math we buy 10 bred heifers that are 1.5 years old at the time of purchase. The heifers cost $1200/hd and they are due to calve at 2 years old. The plan is to keep them till around 10 years of age on average, some might be culled at 8 years and some might stay till 12 years.

The cattle have a calf a 2-3-4-5-6-7-8-9-10 for a total of 9 calves per cow.

9 calves sold at 500lb weaning weight =4500 lbs of calf over the lifetime of the cow.

4500 lbs x $1.40/lb (approximate 10 year average price here) = $6300

The cow weighs 1200 at culling and brings .60 cents per pound = $720

So the total INCOME the cow has produced is $7020 now let’s look at expenses.

The heifer cost $1200 at purchase and she’s kept 9 years or 3285 days.

If we use an average of 1.25 per day that comes to 3285x1.25=$4106

$4106 + the cost of the heifer 4106+1200=$5306 total expenses

So if we take total income ($7020) and subtract total expenses ($5306) we come up with a net profit of $1714 over the cows lifetime.

Now we go back to the group of 10 heifers we started with and figure they produce 90 calves in their lifetime and at a 4% calving loss were left with 86 calves.

86x500= 43000 lbs x $1.40/lb =$60200 + $7200 for the cull cows

So total income over the group is $67400

Expenses for the group are 10 cows x 365 days x 9 years =32850 “cow days”

32850 x $1.25 per day =$41063

$41063 + $12000 for the cost of the heifers is $53063 total cost.

So income ($67400) minus expenses ($53063) is $14338 over the “life” of 10 heifers.

That adds up to $1593 per year profit or $159 profit per cow per year.

I know that’s a lot of variables and I’m planning on y’all to tell me how far off I am on this figuring.

Now I think I’m gonna go have a cold beer to cool my brain off after all that calculating