income(redirected from income over feed cost)
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n the return in money from one's business, practice, or capital invested; gains, profit.
n a tax upon an adjusted gross income (individual or corporate) imposed as a major source of governmental revenue at the state and federal levels.
financial return from a project or for help provided.
see demand elasticity.
gross income less costs.
income over feed cost
a rough indicator of the profitability of an animal enterprise based principally on fattening of young livestock, e.g. in a feedlot. The fixed costs are the depreciation on the installation and labor, the variable costs are the price of cattle and the feed.