In the August edition of Beef Producer we showed how maximum sustainable stocking rate is the most profitable for stocker cattle, the same as we've previously showed it is for cow-calf operations.
The two spreadsheets included in one downloadable Excel document accompanying this story used current prices as midsummer for Oklahoma City steer prices and the author's best estimates using those prices and futures prices for sale time this fall.
Some of the data is changeable and some is not. These were built for typical, native-grass summer stockers in the Southern Plains.
The 1x stocking rate in both budgets would be at the stocking rate for someone who set-stocks at the recommended stocking rate and does not use managed grazing. Both budgets assume a 180-day grazing season.
Some of the data is changeable and some is not in these budgets. Stocking rates are set constant at three levels, for example.
The costs can be changed. The price of livestock at purchase and at sale can be changed.
The rate of gain on each spreadsheet cannot be changed. That's why there are two different budgets, each contained on its own sheet.
This is an Excel document, so you must have Excel installed on your computer to run it.
As you might expect, the budgets also demonstrate that higher animal performance at each stocking rate boosts profit significantly. But compare the two budgets and you'll see the higher stocking rate is always a big winner.
You'll also notice on the budget for 1.5-pound per day of gain there is a box on the bottom comparing different return prices to simulate better marketing. This is not interactive. The spreadsheets were written to allow the user to accomplish that in the main body.
Finally, keep in mind these spreadsheets were written primarily to compare the profitability of increased stocking rates which accompany the type of well-managed, controlled grazing which allows complete recovery of grasslands before regrazing.