Most cattle producers in the Southern Great Plains follow a spring calving season rather than a fall calving season. There are economic trade-offs in both scenarios.
A look at what changed when the 2014 Farm Bill came out.
One of the best cattle marketing strategies in the current market is to turn a calf into a yearling.
Risk management tools, including hedging, are available to producers marketing cattle.
Keeping financial records for the farm or ranch can help a producer make operational decisions, like whether or not to replace the feed truck. Jason Bradley, agricultural economics consultant, points out the value of keeping your pencil sharp.
When it comes to getting replacement females for your cattle herd, multiple options are available. One would be to use your own cow herd and keep the heifers you need. Or you could outsource and purchase virgin heifers from a different operation and breed them to the bull(s) of your choice. Another option is to buy heifers bred to a bull that would roll straight into your program.
To find the right farm or ranch employee, know what the job will entail and communicate that to prospective employees. Get the word out, and conduct a thorough interview of applicants. Once you’ve hired someone, invest in them.
Most cattle producers in the Southern Great Plains follow a spring calving season rather than a fall calving season. There are economic trade-offs in both scenarios.
This year’s preconditioning outlook looks to have tighter margins than what we’ve seen in the past couple years. However, by managing costs and keeping an eye on the markets, there is profit to be made for both backgrounding and running stocker cattle.
Cattle markets remain uncertain during the coronavirus pandemic, and producers should prepare by knowing costs, watching markets and considering risk management.
Why is capturing data important? It allows us to measure what we manage and validate the value of change.
Many reports show a cow-calf operation can gain value by preconditioning its calves before marketing. This article looks at the preconditioning outlook as of October 2018 and other items.
The Noble Research Institute’s economics consultants and computing services team have created two new web-based tools to provide producers with current Oklahoma cattle market information.