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Livestock Feed Cost Calculator – Daily

Quick answer

Feed cost = head × kg/day × price/t ÷ 1,000.

  • Daily, monthly and finishing-period feed budgets for cattle and sheep in $/head and $/day.

Figures are estimates from this calculator’s standard formula — adjust the inputs in the tool below for your exact number.

How the Feed Cost Calculator Works

Cost/day = head × kg feed/day × $/tonne ÷ 1,000; cost per head = Σ(ration parts × price)

Feed is 60–70% of livestock variable cost, so the tool prices your ration per head and per herd per day, month or feeding period. Enter each ration component (hay, silage, grain, concentrate) with its daily kg per head and price per tonne. Worked example: 50 steers on 8 kg hay ($180/t) + 3 kg corn ($260/t) + 0.2 kg mineral–premix ($700/t): per head per day = 8×0.18 + 3×0.26 + 0.2×0.70 = $2.36; herd = $118/day, $3,590/month. Over a 150-day finish that is $354 per head of feed; at 1.8 kg average daily gain the feed cost of gain is $2.36 ÷ 1.8 = $1.31/kg. Every $20/t hay move swings the herd monthly bill by about $240.

  1. 1

    Step 1

    Enter animal numbers and feeding days.

  2. 2

    Step 2

    List ration components: kg per head per day and $/tonne.

  3. 3

    Step 3

    Read daily, monthly and period totals.

  4. 4

    Step 4

    Add daily gain to see feed cost per kg of gain.

Use Cases

Budgeting winter feeding before buying hay

Comparing a self-mixed ration vs commercial pellets

Pricing custom-feeding lots per head per day

Calculating break-even for finishing cattle

Tips

  • 1

    Feed is typically 60–70% of variable livestock cost

  • 2

    Cost per kg gain is the number to optimize, not cost per day

  • 3

    Buy hay by the tonne and weigh a few bales

  • 4

    Phase-feed: lower protein as animals mature

Common Mistakes

  • Forgetting 5–10% feed waste in bunks and storage

  • Pricing hay per bale without weighing — bales vary ±20%

  • Leaving mineral and additive costs out of the ration

  • Ignoring shrink and moisture when buying silage per tonne

FAQs

What does it cost to feed one steer per day?

A growing-finishing steer on 8 kg hay and 3 kg grain typically costs $2.00–2.80 per day at $180/t hay and $260/t grain — about $65–85 per month.

How much feed waste should I budget?

Plan 5–10% for bunk feeding and up to 20–25% for unprotected round bales fed on the ground. Waste is pure feed-cost inflation: 10% on a $3,400 monthly bill is $340.

How do I price hay per bale fairly?

Weigh 3–5 bales and price per tonne. If 400 kg bales test $180/t, each is worth ~$72; eyeballed “$60 a bale” deals often hide a 25% premium.

What is feed cost per pound of gain?

Divide daily feed cost by daily gain: $2.36 per day ÷ 1.8 kg gain = $1.31/kg ($0.59/lb). Finishers aim under $1.40/kg in normal feed years.

How do I include mineral in the cost?

Add it as a component: 0.1–0.2 kg per head per day at premix price. At $700/t and 0.2 kg it is about $0.14 per head daily — real money across 50 head and 150 days ($1,050).