We know there are no right or wrong, black or white answers in a fragmented industry of 750,000 independent individuals. But we do know that strategic genetic decisions can make a huge impact on profitability and consumer satisfaction.
Fact—People want value. And it seems they know the difference between buying something cheaper and spending a little more for something that’s a whole lot better. That philosophy carries over to consumer meat purchases.
Profit. That’s a word cattlemen would like to hear more often in connection with their herds. “Managing for Success,” a seminar series focused on that very topic, is coming to South Dakota at the end of August.
I know cattle producers are resourceful people and you take a variety of approaches to dealing with high corn prices. One of them is undoubtedly looking for substitutions.
Last time, I walked through the breakeven calculator for all those who want to dive deeper into the impact of carcass merit on feeder calf values. Now I want to plug in some real-world scenarios to show how this thing works. If you need to, catch up on Parts I & II of this series […]
On Tuesday Laura shared a video on the breakeven calculator we created to help you estimate the value of your high-quality feeder cattle. You can download it for free here, then follow along as I walk through it. A breakeven calculator is not a new tool and every feedlot manager uses one. It takes expected selling price […]
It won”t be long until spring has flown past, summer is creeping by and we need to start making tough cattle marketing decisions. Maybe you calve in the fall and these decisions are really quickly approaching: Sell now or keep them on grass? Retain ownership, partner or send them to the auction barn? How much will the cost of feedstuffs impact those decisions?
Mythbuster Monday talks variation If you have kids or pets, it shouldn’t be that hard to disprove this morning’s myth. You know that two people, or animals—even with the same lineage—can be as different as night and day. (Quick example: At 2 ½, my oldest will talk the ear off a stranger, while my 1-year-old […]
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