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Marketing Feeder Cattle In Economic Units

Marketing Feeder Cattle In Economic Units. Rickey G. Hudson Regional Extension Agent Alabama Cooperative Extension System. What is an Economic Unit of Feeder Cattle? A package of marketing factors for feeder cattle to add value to calves and generate a better bid price.

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Marketing Feeder Cattle In Economic Units

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  1. Marketing Feeder CattleIn Economic Units Rickey G. Hudson Regional Extension Agent Alabama Cooperative Extension System

  2. What is an Economic Unit of Feeder Cattle? A package of marketing factors for feeder cattle to add value to calves and generate a better bid price. Marketing Feeder Cattle In Economic Units

  3. Package 50,000 lbs. Sale Lots of Feeder Cattle Package Same Sex Sale Lots of Feeder Cattle Package Uniform Weights in Feeder Cattle Package Uniform USDA Feeder Cattle Grades Package Health Program in Feeder Cattle Package Weaning/Backgrounding of Feeder Cattle Package Identified Source & Age of Feeder Cattle Marketing Feeder Cattle In Economic Units

  4. Package 50,000 lbs. Sale Lots of Feeder Cattle Feeder Cattle in Truck-Load Lots: (48,000 - 50,000 pounds) (load a truck & lower shipping costs = better bid price) Marketing Feeder Cattle In Economic Units

  5. Package Same Sex Sale Lots of Feeder Cattle Feeder Cattle sorted into steers/heifers (split-loads discounted) (remove gender variance = better bid price) Marketing Feeder Cattle In Economic Units Girls Only Boys Only

  6. Package Uniform Weights in Feeder Cattle Feeder Cattle with individual weights in a small range, < 100 lbs. (lower variance = better bid price) Marketing Feeder Cattle In Economic Units

  7. Package Uniform USDA Feeder Cattle Grades Feeder Cattle Grades: medium - large frame, #1 - #2 muscling (higher quality & lower variance = better bid price) Marketing Feeder Cattle In Economic Units

  8. Package Health Program in Feeder Cattle Feeder Cattle with quality immunization & health regimen (healthy calves = less sickness & treatment = better bid price) Marketing Feeder Cattle In Economic Units

  9. Marketing Feeder Cattle In Economic Units • Health Program • Immunizations • Clostridial (7-8 Way) • IBR-PI₃-BRSV-BVD • Mannheima (Pasturella) • Anthelmintic Internal Parasites Lower health risks = less treatment & better gains =better bid price

  10. Package Weaning/Backgrounding of Feeder Cattle Feeder Cattle weaned, feed-water from bunk-trough (≥45 days) (remove stress of weaning = better bid price) Marketing Feeder Cattle In Economic Units

  11. Package Identified Source & Age of Feeder Cattle Feeder Cattle identified for source & age (PVPs, EIDs, tag brand) (higher accountability, traceable source = better bid price) Marketing Feeder Cattle In Economic Units

  12. How does selling an economic unit pay? with a Price Premium with less Weight Shrink with heavier calves, Weigh Gain with less Marketing Costs with less Transportation Costs Marketing Feeder Cattle In Economic Units

  13. Where will you get paid for an economic unit? You must chose a Marketing Outlet which rewards the Value Added Feeder Cattle from an Economic Unit. Marketing Feeder Cattle In Economic Units

  14. Summary of an Economic Unit 50,000 lbs. Truck-Load Lots Same Sex Lots Uniform Weights (less than 100 lbs. variance) Uniform Feeder Cattle Grades (quality, M-L , #1-2) Quality Health Program Weaning/Backgrounding Program (≥45 days) Identified Source & Age (PVPs, EIDs, brand tagged) Marketing Feeder Cattle In Economic Units

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