• A record 93% of producers who sold weaned calved made $25/head or more, 90% made $50/head or more, 68% made $100/head or more, and nearly 40% made $150.

  • 93% of producers who retained ownership through the stocker phase were also profitable; 84% made $50/head or more and 52% made $100/head or more.

  • 87% of producers who retained ownership through the feedlot were profitable; 61% made $100/head or more.

  • Average annual cash cost to carry a cow in 2004 was $315, up slightly from $308 in 2003. Costs have been relatively stable for the U.S. as a whole since 1990, when average cost/cow was $324.

  • Cow cost varied dramatically by region: Southwest, $270; Southeast, $282, Southern Plains, $317; Midwest, $326; and Northwest, $379.