heifer retention in down cycle keith vander velde, livestock specialist

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Heifer Retention in Down Cycle Keith Vander Velde, Livestock Specialist

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Heifer Options Keith Vander Velde, Livestock Specialist Raising Your Own Heifers: Economics of raising a heifer

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Page 1: Heifer Retention in Down Cycle Keith Vander Velde, Livestock Specialist

Heifer Retention in Down Cycle

Keith Vander Velde, Livestock Specialist

Page 2: Heifer Retention in Down Cycle Keith Vander Velde, Livestock Specialist

Heifer Retention in Down Cycle

Keith Vander Velde, Livestock Specialist

-Most producers replace 15-20% of the Herd on an annual basis

-Is now the time to retain all replacement quality heifers

-Question is when is the most economical time to retain heifers

-Important to look at two critical factors

1. Look at the stage of Cattle Cycle

2. Look at the cost of production

3. Consider the Opportunity Factors

Page 3: Heifer Retention in Down Cycle Keith Vander Velde, Livestock Specialist

Heifer Options

Keith Vander Velde, Livestock Specialist

Raising Your Own Heifers:

Economics of raising a heifer

Page 4: Heifer Retention in Down Cycle Keith Vander Velde, Livestock Specialist

Heifer Options

Keith Vander Velde, Livestock Specialist

Raising Your Own Heifers: Cost to 1st calf crop

Value of Heifer in October -500 lbs x $.80=$400

Cost of Gain 500 to 750 lbs -250 lbs x $.40=$100

Breeding fee-AI or Natural service =$ 20

May –November Grazing -$15/month =$105

December-March Winter Feed $25/month=$100

TOTAL COST-$725

Page 5: Heifer Retention in Down Cycle Keith Vander Velde, Livestock Specialist

Heifer Options

Keith Vander Velde, Livestock Specialist

1. Keep all heifers2. Retain over winter at 1.75 lbs per day

3. At 750 lbs YOU have two choices

a. Breed all heifers to calving ease sires

b. Sell heifers as stockers for 100 day feeding

1. Let the market values guide you on this decision

4. In the fall or early spring market heifers if market profit potential exists

5. Calve out heifers and retain ownership

Page 6: Heifer Retention in Down Cycle Keith Vander Velde, Livestock Specialist

Heifer Options

Keith Vander Velde, Livestock Specialist

1. Heifers provide more marketing options

2. Heifers sell for less net dollars due to price discounts over steers

3. Heifers retained in down cycles are normally in peak production in an up cattle cycle

Page 7: Heifer Retention in Down Cycle Keith Vander Velde, Livestock Specialist

Heifer Retention Opportunities Exist to Purchase Superior Genetics as market values-Good Operators will upgrade their genetics during this period

Keith Vander Velde, Livestock Specialist