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Table 11 Effects of physical forms of concentrate on profits in Hanwoo steers

From: Effects of different physical forms of concentrate on performance, carcass characteristics, and economic analysis in hanwoo steers

Items FC1) GC2)
Cold carcass, Kg 405.94 ± 2.083) 429.57 ± 1.67
1. Gross income(A)   
  Carcass sales4) 6,036,373.19 6,667,053.48
  By-product sales5) 332,818 341,162
  Total income 6,369,191.19 7,008,215.48
2. Operating cost(B)   
  Calves 2,430,952 2,430,952
  Concentrate6) 1,226,259.2 1,226,740.2
  Roughage7) 576,954.3 593,850.3
  Butchery expense8) 227,044 235,522
  Self-help funds 20,000 20,000
  Miscellaneous expenses9) 853,638 853,638
  Total cost 5,334,847.5 5,360,702.5
3. Profit(A-B) 1,034,343.69 1,647,512.98
  1. 1)Growing (flaked & pelleted diet), fattening (flaked & pelleted diet) & finishing (flaked & pelleted diet).
  2. 2)Growing (ground diet), fattening (ground diet) & finishing (flaked & pelleted diet).
  3. 3)Means ± standard error.
  4. 4)Carcass price, won/Kg: 1++B = 17,413, 1+B = 15,133, 1B = 14,290, 1++C = 16,507, 1+C 14,398, 1 = 13,570, 2 13,330, 2 12,370.
  5. 5)Includes intestines, head, legs, hide, blood, and inedible fat.
  6. 6)Concentrate price, won/kg : Growing(F) = 266.8, Growing(M) = 256.0, Fattening(F) = 264.0,
  7. Fattening(M) = 253.2, Finishing(F) = 241.6
  8. 7)Roughage price, won/Kg: Timothy hay = 407, Alfalfa hay = 360, Tall fescue straw = 240, Ryegrass straw = 240.
  9. 8)Butchery expense: tax, dissection operation, stamp duty, inspection & grading fee.
  10. 9)Miscellaneous expenses: hired labor, bedding materials, electricity, transport, water service & veterinary & medicine.