With: Randy Saner, Extension Educator, and Matt Stockton, Agricultural Economist, UNL
Year in and year out, cow-calf producers make decisions related to maintaining the cow herd and its profitability. Good decisions today make it possible to stay in the business and take advantage of future opportunities. One of these choices relates to the retention and/or purchase of replacement cows. So, what is a respectable value of a beef replacement heifer for the coming seasons? This choice while simple in principle is complicated by many factors, future costs and values, productivity, and productive life of the purchased animals, etc. The University of Nebraska Beef Economics team seeing this need has create a series of annual forecasts of heifer values. The upcoming webinar exams a series of breakeven values for replacement cows based on productivity, longevity, costs and expected future values.