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Budgeted returns in Iowa from two cattle feeding-program • are summarized monthly in tables 5 and 6 (in Appendix A) and plotted in charts 1 and 2 (in Appendix B). The two feeding programs are finishing steer calves and yearling steers,. The monthly profit (loss)- figure provides an estimate of returns on cattle sold during that month, considering the initial purchase price of-the animal and estimated production costs during the feeding period...

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Hovland, Craig, Gene A. Futrell, and John Marvin Skadberg. "Return and risk of Iowa cattle feeding under two alternate programs, 1968-1978." (1978).