Question: Backgrounding calves for 9 7 days on a diet containing: Corn silage at 1 3 . 0 2 lb of DM / day + protein

Backgrounding calves for 97 days on a diet containing: Corn silage at 13.02 lb of DM / day + protein supplement at 2.35 lb of DM / day. On October 16, the initial calf body weight (BW) upon arrival was 607 lb, and the price paid was $253.25/CWT. It is expected that animals will have shrunk ADG of 2.4 lb. After backgrounding period, projected sale price is $243.53/CWT. Assuming an overall cost of gain (COG) of $1.0428/lb, what would be the breakeven selling price for these steers ($/CWT)?(Use 4 decimals for your answer).

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