– Dr. Katie VanValin, Assistant Extension Professor, University of Kentucky
We have all heard the phrase, “it’s the little things”. The saying applies to the beef industry as well. There is no single management practice, feed ration, or genetic trait that drives profitability. Profitability is really a summation of lots of little things coming together to create a profitable system. Whenever profitability is challenged whether from greater input prices like we are seeing now, or lower calf prices, I start to get questions about decreasing feed costs. This should come as no surprise, as feed costs are one of the biggest expenses facing beef cattle operations. Below is a list of some of those little things, that can really add up!
1) Preg checking: Our cows should be working for the operation. Thus, an open cow is one that is not pulling her weight on a cow-calf operation. Today producers have more options than ever before for preg checking their herds. New chute side blood tests can be completed right on the farm in about 10 minutes, there are also commercial labs that will run blood tests giving you results in just a couple of days, and of course there is always ultrasound which gives you a real time answer but does depend on scheduling and availability. Culling open cows not only decreases purchased feed costs but can also make our available forage resources go farther as well.
2) Buy in bulk: The ability to buy purchased feeds in bulk can allow producers to take advantage of bulk discounts offered by many feed retailers. Also having the ability to Continue reading