BeefWatch Articles from September 2023
The first step in dealing with hail damage is to contact your insurance agent, so that you know what is required to meet obligations for hail or revenue insurance.
What a difference a year makes when it comes to cow prices! Whether it is weigh up cows at $1.10 per pound or young bred heifers and cows pushing $2,500 - $3,000 per head, the recent rise in prices has been dramatic. Many cow-calf producers will sell calves this fall and make a solid profit. For areas that have received rain and forage is available, this will encourage retaining of heifers and the rebuilding of cowherds that have been reduced due to drought. The motivation of many will be to keep and acquire as many bred cows as possible to produce more high dollar calves.
In many areas of central and eastern Nebraska, drought conditions have resulted in reduced forage production on rangeland and pasture. This is resulting in a shortage of feed for many producers and a need for forage between now and when cornstalks are available for grazing. Windrow grazing annual forages allows producers to cut the crop at an optimum time for quality and increase harvest efficiency through strip grazing the windrows.
For cattle producers that are set up to feed calves in a bunk, limit-feeding a high energy diet may be a cost-effective option for growing calves this fall and winter. While limit-feeding is not a new concept, current forage prices relative to grain/co-products may make it an attractive alternative to feeding high roughage growing diets. For instance, hay priced at $200/ton with a total digestible nutrients (TDN) value of 52% equates to approximately $0.22 per pound of TDN.
As you prepare to inventory feeds for feeding the beef cow this winter, corn silage may be an option. In last month’s BeefWatch, the article, “Is That Corn Crop Worth More as Silage or Grain?” walks through the calculations to determine price of corn silage standing in the field, chopped and packed in the silo, and corn silage delivered to the bunk. If the price of corn is $5.00 per bushel, corn silage delivered to the bunk with 10% shrink is $60.83.