Heifer Retention in Down Cycle Keith Vander Velde, Livestock Specialist.

Slides:



Advertisements
Similar presentations
Livestock Management and Marketing Considerations in Dealing With Drought Dr. Curt Lacy and Dr. John McKissick Extension Economists-Livestock University.
Advertisements

COST OF DEVELOPING BRED HEIFERS DR. CURT LACY EXTENSION ECONOMIST-LIVESTOCK.
SHEEP CREEP FEEDING WEANING KEITH VANDER VELDE CENTRAL DISTRICT SPECIALIST.
Introduction to the Beef Industry. What is the importance of the beef industry? Missouri ranks 2 nd nationally in number of beef cattle – Texas 1 st (larger.
Shane Ruff Graduate Student Department of Agricultural and Applied Economics University of Wyoming.
HOW IRRATIONAL IS $2,000? Scott Clawson NE Area Ag Econ Specialist $2,500? $3,000? $3,500?
Backgrounding Cattle Larry C. Hollis, D.V.M., M.Ag.
Fall Feeder Cattle Marketing Options ANR Update October 10, 2013 Kevin Laurent UK Animal Sciences.
1 Profitability of Selected Marketing Alternatives Todd D. Davis Extension Economist Clemson University.
Sexed Semen and Beef Cattle UW Extension Livestock Team Spring 2010.
Annual Livestock Production Cycle (ALPC) Module 6.
Current Economic Climate of the Cattle Business Derrell S. Peel Breedlove Professor of Agribusiness and Extension Livestock Marketing Specialist Oklahoma.
A griculture & B usiness M anagement Management Issues in 2003 For Beef Cattle Producers Jeffrey E. Tranel Agricultural & Business Management Economist.
Beef Contracting: Why Are We Moving That Way, and How Far Will We Go Vern Pierce, Ph.D.
Ron Plain Extension Economist University of Missouri-Columbia Stocker Cattle Outlook February 2009.
Economics of beef production systems Integrated suckler calf to beef production systems.
The University of Tennessee Agricultural Extension Service A Decision Tool for Improved Beef Cattle Production, Management and Marketing System Analysis.
Value Difference of Feeder Cattle
Livestock, Equine and Forage Outlook Kenny Burdine UK Ag Economics.
Livestock Management and Marketing Considerations in Dealing With Drought Dr. Curt Lacy Extension Economist-Livestock University of Georgia
Economic Tools to Evaluate Culling Decisions for Breeding Cattle and Replacements.
1 Retained Ownership- Value Added John Marsh Professor Department of Agricultural Economics and Economics Montana State University July 2006 MB BA M ontana.
Agricultural Economics Beef, Dairy, and Equine Kenny Burdine UK Ag Economics.
The Oklahoma Stocker Industry Derrell S. Peel Oklahoma State University.
Ron Plain April 22, 2015 Cattle Outlook (title). Source: USDA/ERS 10 monthly records in 2014.
Megan’s Project Farm Business Planning – Case Study Solutions.
Producers breed for improved genetics Produce all breeding stock (Bulls and Heifers) Raise purebred or registered cattle Pay close attention to EPD’s.
From Conception to Carcass 2006 National Angus Conference Mike Kasten.
2010 K State Beef Conference Value Optimization Mark Harmon Joplin Regional Stockyards, Inc.
Cow-Calf Outlook and Profitability Kenny Burdine and Greg Halich UK Ag Economics.
Limousin Heifers Class 1 Rank these heifers as replacements for a purebred operation in which the primary product is terminal bulls for the commercial.
Continuous Calving: Are Economic Incentives Large Enough to Eliminate the Traditional Practice? by D. Doye and M. Popp INTRODUCTION Why, despite expert.
B66 Heritability, EPDs & Performance Data. Infovets Educational Resources – – Slide 2 Heritability  Heritability is the measurement.
College of Agriculture, Consumer and Environmental Sciences Operating Cash Flow in Drought By: Paul H Gutierrez Sponsored by: Quay County Cooperative Extension.
- Typically, retained ownership refers to a producer sending calves/feeders to a feedlot and owning some percentage of them. The calves/feeders can be.
CATTLENOMICS Derrell S. Peel Agricultural Economics Oklahoma State University.
Case Study Inside the numbers of grazing economics.
Beef Data & Genomics Programme Information Meetings 2015 Teagasc Beef Specialists.
1 Economics of Farm Enterprises II. (Farm Management II.) MSc level Lecture 5 Factors affecting the profitability of the main farm enterprises I.Enterprise.
The Beef Industry. Beef Products What products can you think of? What products can you think of?
2014 Cattle Market Situation and Outlook Derrell S. Peel Breedlove Professor of Agribusiness and Extension Livestock Marketing Specialist Oklahoma State.
Genetics for Producing Profitable and Sustainable Grass-Fed Beef Dr. Scott M. Barao Executive Director The Jorgensen Family Foundation Hedgeapple Farm.
Challenges with Heifer Selection – HOW MANY Should I Breed, and What are they worth? Dr. Ron Lemenager Beef Extension Specialist
Beef Cattle. BEFORE THE 1960’s… Approximately 20 different breeds were available in the United States. Today, there are over 70 breeds found in the United.
Finding Profitability Through Backgrounding or Finishing.
DROUGHT Market and Management Considerations Derrell S. Peel Livestock Marketing Specialist.
Winter (and Spring) Forage Management Dennis Hancock Extension Forage Agronomist Crop and Soil Sciences Dennis Hancock Extension Forage Agronomist Crop.
Genetics – Trait Selection An S 426 Fall Genetics – Trait Selection Has led to development of Economically Relevant Traits (ERT) and Indicator Trait.
Cow-Calf Enterprise Standardized Performance Analysis.
Beef Marketing Update Kenny Burdine UK Agricultural Economics Economics.
ASPP-300 Forage Planning Software J. A. Jennings and M. S. Gadberry University of Arkansas.
Livestock Marketing: Options on Futures
Utilizing Enterprise Budgets in Beef Cattle Operations
Beef Cattle Market Update
Optimizing Cost, Production and Marketing
Added Value of Preconditioning
Cull Cow Management and Marketing Alternatives
Cattle Marketing: Cash Market Basics
Marketing Cows for Profit. Represent 15-20% of Cow-calf income
How does beef get From a cattle Farm to our Fork?
Feeder cattle Seasonal Price trends
Pre-weaned calf management and weaning outlets
The Beef Industry.
How do cattle get From cattle Farms to our Forks?
Agricultural Marketing
Being ready for one before one happens
Cattle Marketing: Cash Market Basics
Preconditioning Elective
Expected Progeny Difference EPD
Economics of Reproduction: the Quality of the Pregnancy
Presentation transcript:

Heifer Retention in Down Cycle Keith Vander Velde, Livestock Specialist

Heifer Retention in Down Cycle Keith Vander Velde, Livestock Specialist -Most producers replace 15-20% of the Herd on an annual basis -Is now the time to retain all replacement quality heifers -Question is when is the most economical time to retain heifers -Important to look at two critical factors 1. Look at the stage of Cattle Cycle 2. Look at the cost of production 3. Consider the Opportunity Factors

Heifer Options Keith Vander Velde, Livestock Specialist Raising Your Own Heifers: Economics of raising a heifer

Heifer Options Keith Vander Velde, Livestock Specialist Raising Your Own Heifers: Cost to 1 st calf crop Value of Heifer in October -500 lbs x $.80=$400 Cost of Gain 500 to 750 lbs -250 lbs x $.40=$100 Breeding fee-AI or Natural service=$ 20 May –November Grazing -$15/month=$105 December-March Winter Feed $25/month=$100 TOTAL COST-$725

Heifer Options Keith Vander Velde, Livestock Specialist 1.Keep all heifers 2.Retain over winter at 1.75 lbs per day 3.At 750 lbs YOU have two choices a.Breed all heifers to calving ease sires b.Sell heifers as stockers for 100 day feeding 1.Let the market values guide you on this decision 4.In the fall or early spring market heifers if market profit potential exists 5.Calve out heifers and retain ownership

Heifer Options Keith Vander Velde, Livestock Specialist 1.Heifers provide more marketing options 2.Heifers sell for less net dollars due to price discounts over steers 3.Heifers retained in down cycles are normally in peak production in an up cattle cycle

Heifer Retention Opportunities Exist to Purchase Superior Genetics as market values-Good Operators will upgrade their genetics during this period Keith Vander Velde, Livestock Specialist