Cost/return analyses of 56 Kansas cow/calf operations were summarized to determine
the major factors influencing 1987 and 1988 cow herd profitability. Gross returns and costs on
a per cow unit basis were extremely variable. with the bottom 1/3 of these operations essentially
breaking even. whereas the high 1/3 profitability group averaged $228.40 per head in net cash
returns. Both operating and fixed costs were major determinants of profitability. Reproductive
rate (calves weaned per cow exposed) was the major production variable affecting profitability.