Download or read book Guidelines for Production and Financial Performance Analysis for the Cow calf Producers written by National Cattlemen's Association and published by . This book was released on 1992 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Cow calf Financial and Production Performance written by Damona G. Doye and published by . This book was released on 2007 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Kansas Cow calf Production Efficiency written by Hannah Elizabeth Shear and published by . This book was released on 2021 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The beef cattle sector has been, and continues to be, the single largest sector in the Kansas agriculture industry, with cattle and calves generating $8.27 billion in cash receipts in 2017 (KDA 2018). In 2017, Kansas produced nearly 5.69 billion pounds of red meat, or nearly 11 percent of the nation's total (KDA 2018). According to estimates prepared by the Kansas Department of Agriculture, beef cattle farming and ranching has a direct output of approximately $6.3 billion. The cow-calf sector is the beginning of the beef industry; therefore, understanding the factors influencing profitability, efficiency, and structure is very important. The objective of this study is to examine the efficiency of beef cow-calf production in Kansas. Technical, allocative, and scale efficiencies of cow-calf operations are estimated, as well as, analysis on the relationship between input costs and efficiency and profitability and efficiency. Beef cow-calf operations vary considerably in size, available resources, profitability, and the use of technology. The variability in profitability suggests room to improve both production and financial management practices. In addition to estimating efficiency measures of cow-calf operations, the study identifies how marketing strategies (selling calves vs. selling feeders) impacts efficiency. This study contributes to the existing literature by estimating efficiencies for cow-calf producers and identifying production characteristics that impact efficiencies, in addition to, introducing the use of super-efficiency in the cow-calf industry segment. The nonparametric Data Envelopment Analysis approach, along with regression analysis, is used to determine how marketing strategies and production characteristics are correlated with efficiency and profitability. The Kansas Farm Management Association data are used in this analysis with cow-calf producers analyzed in two groups based on their marketing strategy (sells calves or sells feeders). Three years of whole-farm and enterprise data are included in the study, with a total of 240 producers selling calves and 264 producers selling feeders between 2018 and 2020. An input orientation is applied including feed, labor, utilities, and veterinary costs. Output is defined as the gross farm income (in dollars). Producers selling feeders were more technically efficient than those selling calves in both 2018 and 2019; however, in 2020, those that sold calves were slightly more technically efficient on average (0.840) than those that sell feeders (0.830). Technical efficiency was relatively more important than scale and allocative efficiency for both marketing strategies across almost all years (one exception in 2020, with producers marketing calves, where the allocative efficiency correlation coefficient was higher than technical). Technical efficiency was relatively more important in explaining profitability than either allocative or scale efficiency. Regressions indicated that a 0.10 increase in pure technical efficiency increases net income per cow by $96. A 0.10 increase in allocative and scale efficiencies increases net income per cow by $48 and $97, respectively. This suggests that producers that are experiencing low (or negative) levels of profitability should concentrate on adjusting the size of their herd relative to reducing input use per unit of output. Labor costs had the most impact on technical and allocative efficiency, while feed costs had the greatest impact on scale efficiency. Suggesting that producers wanting to impact their efficiency should focus on feed and labor costs.
Download or read book Beef Cattle Production and Trade written by Lewis Kahn and published by CSIRO PUBLISHING. This book was released on 2014-04-15 with total page 894 pages. Available in PDF, EPUB and Kindle. Book excerpt: Beef Cattle Production and Trade covers all aspects of the beef industry from paddock to plate. It is an international text with an emphasis on Australian beef production, written by experts in the field. The book begins with an overview of the historical evolution of world beef consumption and introductory chapters on carcass and meat quality, market preparation and world beef production. North America, Brazil, China, South-East Asia and Japan are discussed in separate chapters, followed by Australian beef production, including feed lotting and live export. The remaining chapters summarise R&D, emphasising the Australian experience, and look at different production systems and aspects of animal husbandry such as health, reproduction, grazing, feeding and finishing, genetics and breeding, production efficiency, environmental management and business management. The final chapter examines various case studies in northern and southern Australia, covering feed demand and supply, supplements, pasture management, heifer and weaner management, and management of internal and external parasites.
Download or read book Determining the Optimal Start up Strategy for a Cow calf Producer to Maximize Long term Profitability and Minimize Risk written by Jared Matthew Bruhin and published by . This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The average age of American farmers has steadily increased for decades, with 63% over the age of 55 according to USDA-NASS. There has also been a trend of declining young and beginning farmers entering agriculture. Young farmers face increased financial requirements, more competition for land, and changes to lending regulations. Currently, there is limited research focusing on strategies for producers to profitably enter agriculture, specifically cow-calf production. The objective of this research was to analyze the net present value (NPV) associated with two start-up strategies for a small-scale cow-calf producer in Tennessee (one – starting with ten bred heifers and growing to 30 head; two – starting with 30 bred heifers and maintaining the 30 head herd size). Using data from University of Tennessee Cow-Calf Budgets and historical Tennessee cattle prices, the discounted free cash flow (FCF) method was followed to calculate expected NPV and modified internal rate of return (MIRR) for each start-up strategy. Monte Carlo simulations were run to estimate uncertainties around cattle price. Both strategies had NPV less than -$118,000 and MIRR lower than -12% in the baseline models. Strategy one had larger negative FCF and smaller annual loan payment and compared to strategy two’s smaller negative FCF but larger annual loan repayment. Both strategies are highly (>95%) likely to have larger than -$100,000 NPV. Off farm income needed to break even is very important for both strategies to remain viable throughout the ten year forecasted period. Strategy (to start small and grow the herd over time) has less risk exposure while achieving the least negative NPV and is the preferred start-up strategy determined in this study. These results should help beginning cow-calf producers and agricultural lenders better understand the financial costs and risks involved with starting a small cow-calf operation. Additionally, this study can be used to assist Extension educators to demonstrate the importance of off-farm income for small-scale beef producers in Tennessee.
Download or read book Proceedings of the International Conference on Livestock in the Tropics written by and published by . This book was released on 1995 with total page 822 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Proceedings written by and published by . This book was released on 1997 with total page 834 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book An Analysis of Texas Cow calf Producer Objectives written by Katherine DeLayne Young and published by . This book was released on 1989 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Staff Paper written by and published by . This book was released on 1994 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Discounted Cash Flow and Profitability Analysis of Several Cow calf and Feeder Cattle Production and Marketing Alternatives written by Bruce Law Golden and published by . This book was released on 1984 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Proceedings written by Beef Improvement Federation. Research Symposium & Annual Meeting and published by . This book was released on 2002 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Production and Economic Efficiencies of Intensified Cow calf Production Management Systems written by Jason M. Warner and published by . This book was released on 2015 with total page 157 pages. Available in PDF, EPUB and Kindle. Book excerpt: The objective of four experiments conducted was to evaluate production and economic efficiencies of intensified cow-calf production management systems. The first experiment tested the effect of calf age at weaning on cow and calf performance and feed utilization at 2 locations. Body weight change from early to conventional weaning time was greater for early-weaned cows. Cow BCS and conception rates were not impacted by weaning. Calf BW at conventional weaning time was greater for conventionally-weaned calves than early-weaned calves at ARDC, but greater for early-weaned than conventionally-weaned calves at PHREC. Calf ADG per unit of total feed energy intake was greater for nursing pairs at ARDC, but not different between early- and conventionally-weaned pairs at PHREC indicating early-weaning may have minimal effect on reducing feed energy requirements. In Exp. 2, the effect of post-weaning management system and calf age at weaning was evaluated on growing and finishing performance, carcass characteristics, and economics of calves produced from an intensively managed cow-calf system. During growing, fast-track cattle had improved DMI and ADG. Finishing DMI, ADG, HCW, and marbling were greater for slow-track cattle at the same 12th rib fat thickness. Breakeven was similar and profitability greater for fast-track. Weaning age had minimal impact, but post-weaning management influenced subsequent performance and economics demonstrating the value of alternative management systems. The third experiment studied supplementation of ethanol by-products and low-quality forages to cow-calf pairs grazing smooth bromegrass pastures as a method to reduce grazed forage intake. Supplementation replaced approximately 40% of grazed forage intake suggesting that ethanol co-products and low-quality forages can replace grazed forage intake allowing for increased stocking rate without impacting animal performance. An analysis of profitability of intensively managed cow-calf systems utilizing distillers grains and crop residues and the economic sensitivity of profitability to changes in feed costs, feeder cattle prices, replacement female costs, and reproductive rates was conducted in Exp. 4. Greater returns were projected as weaning percentage increased, but the economic feasibility and extent of positive returns of such a system will be dependent on price relationships for feed and calves and cowherd reproductive performance.
Download or read book Beef 2007 08 written by and published by . This book was released on 2009 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Guidelines for Uniform Beef Improvement Programs written by Dixon D. Hubbard and published by . This book was released on 1981 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Profitability Analysis of Supplementing Beef Cows in Early to Mid gestation in a Drought Scenario written by Jessica Hansen and published by . This book was released on 2012 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drought in the Rocky Mountains effects small and medium cow-calf producers' calf quality and profitability. My research objective was to estimate the profitability of early to mid-gestational maternal protein supplementation on calf quality during drought. Biophysical data were collected from 72 cows assigned to one of three treatments over a three-year period: a control ration (C), nutrient restricted ration (NR), or nutrient restricted ration with protein supplementation (NRP). Enterprise budgets were constructed and a LP was estimated for a 400-acre ranch. While only the yearling treatment resulted in positive levels of profitability, supplementation in early to mid-gestation during drought may be able to enhance profitability with a slight premium for weanlings and finished calves, for small and medium producers in the region surrounding Albany County, Wyoming. Also, results indicate that overall profitability could be improved in producers retained ownership until either the yearling or finished stage.
Download or read book Journal of the American Veterinary Medical Association written by American Veterinary Medical Association and published by . This book was released on 2004 with total page 1012 pages. Available in PDF, EPUB and Kindle. Book excerpt: Vols. for 1915-49 and 1956- include the Proceedings of the annual meeting of the association.
Download or read book Proceedings written by American Society of Animal Science. Western Section. Meeting and published by . This book was released on 1993 with total page 848 pages. Available in PDF, EPUB and Kindle. Book excerpt:
