When calculating the cost of production in a cow/calf operation, does the average producers calculate the cost of feed based on the average market value even when it was owned or do you base it on actual machine and input costs. What about pasture? Do you include cost of pasture you own based on the going rates in your area? Is profitability determined by your net over input costs per enterprise?
How do your input costs this year compare with last year, and 3 years ago? D
How do your input costs this year compare with last year, and 3 years ago? D
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