As the livestock economist for Extension at the University of Tennessee, opportunities to forecast cattle prices are never in short supply. Thus, there is always a demand for high quality and accurate cattle price projections. The primary problem is with the supply side, and the problem is that the price forecast changes from one day to the next and even more so from week-to-week or month-to-month.
Calves are assumed to be weaned and sold at an average weight of 550 lbs. In the fourth quarter of 2020, steers in this weight range were selling for prices in the upper $130’s and heifers in the low $120’s, on a state average basis. Therefore, a steer / heifer average price of $1.30 per lb is used for the analysis, which is actually the same price that was used last year. Weaning rate was estimated at 85%, meaning that it is expected that a calf will be weaned and sold from 85% of the cows that were exposed to the bull. Based on these assumptions and adjusted for the weaning rate, average calf revenue is $608 per cow.
The price of a cow varies greatly depending on whether it’s a beef or dairy cow, how old it is, the breed, whether it’s a heifer or a steer (or a bull), and where in the world the cow is being sold.
What Is The Worth Of A Calf?
The cost of a cow will be determined by its size and its weight. If we talk about a calf that is only a day old, it will require an extra amount of care and work, as you will have to feed it milk from a bottle. They mostly cost around $40 to $50. Plus they have a high mortality rate.
A 4 to a 6-month-old cow is efficient and stable and that is why it is expensive. Whereas a beef yearly is around $650 and $750 each calf. Cows that are older will cost more based on what their weights are. A dairy yearling, however, costs little, around $450 to $600 per calf.
What Is The Worth Of A Beef Cow?
The cost of beef heifers is around $2,500 to $3,000 individually with an average cost of $2,800 per cow. The cost of the calf will generally be based on its weight. The unit of measurement used to put prices on cows is CWT which stands for 100 pounds. For a beef cow, CWT is between $135 and $165. It is an average of $140 per 100 pounds. A calf that weighs 500 pounds costs around $700.
As compared to a heifer, bred heifer costs more. A bred heifer can cost around $1,300. Whereas matured cows can cost around $4,000 to $5,000 each. A matured cow can weigh around 2,200 pounds i.e. $1.85 cwt.
What Is The Best Breed Of Beef Cow To Raise?
In the United States of America, the most famous breed is the Black Angus. This breed requires extra maintenance and care during the calving season. There are more breeds of beef cows that are great providers of beef such as:
- Charolais: This breed is heavier in weight and in winters their coat thickens.
- Hereford: They mature early and their fattening abilities are great. They are docile and are efficient at milk-producing.
- Simmental: Easy to work with during the calving season. They too have good fattening abilities.
- Red Angus: They are docile and have good fat marbling.
- Texas Longhorn: These are survival cows and they have longhorns.
- Highlands: They have thick coats, they can easily survive in colder weather. Their meat is lean and marbled.
How Much Does A Dairy Cow Cost?
A dairy cow can cost between $900 and $3,000. This range is dependent on the price of a yearly to the price of a proven family cow. Yearlings and calves are less expensive as compared to matured cows. Moreover, a cow that is bottle-fed and hand-raised will be expensive as they are friendlier with people and can be kept around family.
The cost of Jersey cows can be as low as $1,400 to $1,800.
Cows that are sold by weight usually cost in between $1.05 and $1.35 (per pound)
As compared to bred cows, heifers are cheaper, they cost around $500 and $1,000.
The cost of lactating dairy cows is around $1,500 and $2,100.
Bottle-fed, tamed, and hand-raised cows are usually expensive because they are friendly with humans.
What Are Some Best Dairy Cows To Buy?
- Jersey: They are smaller in size and they are great milk providers.
- Brown Swiss: They are gentle and one of the older dairy animals.
- Dexters: They are smaller in size but they are also used for meat.
- Guernseys: They are smaller in size.
- Hereford: They mature early. They are docile and great providers of milk.
- Holstein: They are efficient milk providers and are used for beef also.
How Much Do Cows Cost In 2021?
Generally, a cow costs between $2,200 and $5,300 per cow. The actual cost depends on its weight, gender, and breed. Yearlings sell for between $850 and $1,550. Cows will also differ in price based on whether or not they are dairy cows or beef cows. Bulls sell for more than cows.
Cows can be sold for a flat price for the cow or based on the weight of the cow. Cow and Calf pairs are also sold, which can cost less than individual animals. Let’s explore some of the differences in cows and their prices.
How Much A Cow Costs Annually?
Generally, cows cost between $500 and $1,000 per year to keep. This includes their care and feed. Purchasing a cow and raising it will automatically become less expensive if you have extra land to grass-feed it. 2 to 5 acres of grassland are required per cow.
For meat cows, 30 to 40 pounds of hay a day is required generally. Efficient dairy cows can eat as much as around 100 pounds per day. If you are buying hay for the majority of the year, it will be around $1,000 a year in the feed. If you have land to grass-feed your cows and fulfill their grazing needs, only $200 to $300 will be the cost of a cow a year.
Some other necessary needs include:
- Vet bills
- Hay, Alfalfa, Grain
- Oats, Corn, Barley
- Minerals and Supplements
- Halters and other necessary equipment
How Much Does A Half A Cow Costs In The USA?
Full cow or Half-cow prices usually start from $3.95 to $5.50/lb., with an additional processing cost of $0.50/lb. $50 is a kill fee that is divided among the cow-poolers.
How Much Does It Cost To Buy A Cow In The USA?
Usually, the cost of a cow will be somewhere between $2,000 and $5,000. The weight of the cow, its gender, and its breed decides its actual cost. Yearlings are mostly less expensive than matured cows. They cost around $800 to $1,500. The differences in the prices are also based on whether the cow is used for dairy or for meat.
How Much Does It Cost To Butcher A Cow?
Cost for slaughtering an animal is $190 for a whole and $95 for a half, and that is payable to the cattle owner. $1.25 per pound hanging weight is the price for having the meat cut, aged, wrapped, and frozen so that it becomes ready to be taken to homes. 59 percent to 62 percent of the live weight is the hanging weight. This cost is payable to the butcher.
How Much Does It Cost To Raise A Cow?
The cost to keep/raise a cow per year is around $500 to $1000. Including the expenses of their feed and other necessities. Raising and buying a cow is less expensive when you already have some extra acres of land to grass-feed them and fulfill their grazing requirements.
How Much Does A Baby Cow Cost?
The cost of a calf is usually based on its weight. The unit for measurement is CWT that stands for 100 pounds. For a beef cow, CWT is between $135 and $165.