An episode of zinc toxicosis in 95 veal calves caused $29,602 in losses to the producer ($315/affected calf), most of them direct, out-of-pocket losses. Increased calf mortality and increased veterinary service costs accounted for a majority (70%) of the losses. Reduction of losses may have been accomplished by removing the source and increasing the roughage content in the diet, or by shipping the animals for immediate slaughter. Given the magnitude of the financial loss, especially those associated with calf mortality, it was concluded that producers should refrain from using large amounts of mineral supplements unless a deficiency has been diagnosed.