What is in this article?:
- Cutting costs biggest key to beef profits
- Virginia offers similar program
• Here in Virginia, we know there are premiums to be had in the feeder cattle market place, discovered through the added value of health, sire, source, and age verified marketing programs.
• Buyers show they are willing to offer premiums for these features and for the additional value they see in feeder cattle prepared for the feedlot through a short co-mingled feeding period prior to sale.
• The Kansas study suggests we can make nearly three times as much difference in our bottom line through cost savings.
More About:
The cost of production has far more to do with farm profitability than does the value or volume of your production.
This statement is proven by Kansas State University in a study at http://www.agmanager.info, comparing characteristics of high, medium, and low profit beef producers.
Here in Virginia, we know there are premiums to be had in the feeder cattle market place, discovered through the added value of health, sire, source, and age verified marketing programs.
Buyers show they are willing to offer premiums for these features and for the additional value they see in feeder cattle prepared for the feedlot through a short co-mingled feeding period prior to sale.
However, the Kansas study suggests we can make nearly three times as much difference in our bottom line through cost savings.
Kansas State University, Department of Agricultural Economics offers its beef producers the opportunity to enroll their herds in their Farm Management Association.
A program with cow-calf enterprise records accumulated over 32 years, used to evaluate and compare member’s profitability.
