hay, and feed grains. • When budgeting for the feedlot, figure on 2-3% of the animals will be culled for low performance or die. Table 1 - Example of a preliminary budget Example (beef for 1 year) USD Cost of 50kg calf at $3/kg 150 Cost of feed 3kg alfalfa hay/day at $.24/kg for 350 days 252 3kg barley grain/day at $.24/kg for 350s 252