Karl Hoppe,
Determining calf value is a continuing education for cow calf
producers. Producers are seeking to sell
cattle based on the end-value meat price.
However, superior cost effective feeding performance is also needed to
justify the expense of feeding cattle past weaning. Since
The Dakota Feeder
Calf Show Feedout project was developed to discover the
value of spring-born beef steer calves.
Cattle consigned
to the project averaged 589.3 pounds upon delivery to the Carrington Research
Extension Center Livestock Unit on
The pen-of-three
calves averaged 385.8 days of age at harvest. Overall pen average daily gain was 3.36
lbs. Feed cost was $0.326 per pound and
total cost of gain without interest was $0.461. The early market group contained 45.3%
choice and 42.6% yield grade 1and 2 while the late market group contained 48.0%
choice and 92.1% yield grade 1 and 2.
Profit or loss was calculated using initial calf price as price per
pound, $ = 98.68387 – (0.02565 * initial calf weight). Profit or loss accounted for initial calf
price, feed, yardage, veterinary, freight, brand inspection, beef check off,
ultrasound and carcass data collection costs.
Interest costs on cattle and interest on feeding expenses were not
included in calculating profit or loss.
Final carcass value was assessed using actual grid pricing for the
harvest group.
Overall, cattle
feeding provided a $112.27 profit per head before interest was included. Profit before interest expense ranged from
$205.05 per head for pen-of-three cattle with superior genetics to a $40.03 per
head for poorer performance. Retail product
value was calculated as carcass weight, lb. * percent retail product
*(((carcass value per cwt /100)/ retail product yield) / retail product markup)
where retail product yield = 0.65, and retail product markup = 0.75. Percent retail product value was calculated
as 0.825 - (calculated yield grade *0.05).
The feeding and carcass value of spring-born calves can be determined
with participation in a feed out project.
Calf value is
improved with superior carcass performance.
Feedlot performance is also important for increased weight gain and
heavier carcass weights. Exceptional
average daily gains, weight per day of age, marbling score and retail product
value can be found in
Affiliation
of coauthors and non-CREC staff:
