BeefWatch Articles from January 2023
The 2023 Cow-Calf College Beef Seminar is set for January 19th at the Clay County Fairgrounds in the Activities Building. Registration starts at 9:00 am with programs scheduled from 9:30 am – 3:30 pm. This year’s program is focused on strategies to manage forage resources during drought, including eastern redcedar control and adjusting pasture stocking and rental rates. The hands-on format will allow participants to engage with specialists and peers throughout the day.
Two-day workshops will be held in January and February that will provide a hands-on learning experience for producers to learn how to calculate a unit cost of production for a cow-calf operation.
Having information to make effective business decisions is important for ranch success. Enterprise analysis and unit cost of production (UCOP) are tools that can help ranchers identify where value is being created on the ranch, where costs are occurring, and what changes could be made to improve profit.
Total digestible nutrients (TDN) are the common energy reference for both feed content and animal requirement, so how are the two connected and what can we know to better examine TDN of feedstuffs and use energy economically?
The initial measure of energy begins with gross energy (GE), which is the term for all energy contained within a feed and consumed by the animal. By subtracting all the energy that passes through to manure from GE, you get digestible energy (DE). Digestible energy is the measure of energy converted into TDN within feedstuffs.
This is a summary of the sixth annual beef cow replacement value forecast for Nebraska. The entire forecast can be found at this link, and past summaries are also available on the Farm¢ents site. The information presented in the forecast is intended as a guide to modify, depending on each producer’s circumstances, expectations of future production costs, and cow and calf values.
The 2023 Beef Feedlot Roundtable Series is an event that you won’t want to miss! We encourage feedlot owners, managers, employees, and allied industry to join Nebraska Extension February 7-9th as we dive into a series of timely topics covering feedlot management. Highlights from the program include the use of roller compacted concrete, implications of increasing hot carcass weight, and new requirements on implanting with speakers from UNL Extension and producers.
Knowing annual cow costs is the foundation for evaluating and making management decisions that can improve profitability for a cow-calf enterprise. Significant increases in input costs are challenging producers to examine cost of production and identify where there may be opportunities to adjust the production system. Calculating costs and breaking them into categories gives understanding into where there may be opportunity to make changes.
Agriculture is a rewarding business, but it does come with stressors – weather, cattle and grain prices, debt, etc. -- that can stack on top of each other. It’s important to recognize the value a person brings to an operation compared to the markets, number of acres you own, or the number in your bank account. Farmers and ranchers tend to struggle with a lack of routine, or lack of structure that comes with the business and having to always be flexible when dealing with the unknown. Producers tend to push through these adversities without giving themselves grace.