An Economic Budget for Determining Co-Product Storage Costs

Authors

Josie Waterbury, University of Nebraska-Lincolnd
Darrell R. Mark, University of Nebraska-LincolnFollow
Richard J. Rasby, University of Nebraska-LincolnFollow
Galen E. Erickson, University of Nebraska-LincolnFollow

Date of this Version

2009

Comments

Published in 2009 Nebraska Beef Cattle Report (Lincoln, NE: December, 2008). Copyright © 2008 The Board of Regents of the University of Nebraska.

Abstract

Co-Product STORE — Storage To Optimize Ration Expenses — is a spreadsheet designed to quantify the costs of co-product storage. It allows producers to analyze and evaluate specific storage scenarios in response to changing market conditions using different storage methods. Two storage examples (bunker and silo bag) are evaluated to illustrate how the spreadsheet estimates storage costs.