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Articles Tagged with ''cost of production''

Considerations to make before adding an enterprise on your operation

May 11, 2022
Kelli Boylen
Many producers have considered adding another enterprise to their operation – different livestock, value-added products, new crops, etc. But how can you know if this new idea will work on your farm?
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How much did you earn today? Part two

May 4, 2022
Chris Church
Over 15 years, my partner and I facilitated a management club for a group of 20 or so farms. We would meet quarterly at a different farm, with a different topic for discussion at each meeting. We also calculated income over feed costs (IOFC) for each farm.
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Putting a pencil to retained ownership this spring

Even though most with cattle to sell may have already made that choice, it’s worth considering the outcomes if you do still have cattle you have the option to retain.
April 25, 2022
Justin Benavidez
This year is relatively unique for wheat calves. Very little wheat is available on the Southern Plains. Even where irrigated wheat has come up, the current value of wheat sent many winter stocker calves through the sale barn relatively early this year.
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It’s significant to me

April 10, 2022
Jeff Miller

How many times have you sat in a meeting and heard the speaker say something to the effect of: “The difference between these two treatments was 15 hundredweight per acre, but that difference was not significant.


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Business strategies for dairies in an economic reset

March 31, 2022
Bev Berens
The decade of 2020 has already been a financial and emotional roller coaster. David Kohl, professor emeritus, Virginia Tech University, suggests the next decade will be a turbulent ride of extreme economic volatility.
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Weather conditions

Is Mother Nature your friend or a foe? Rethinking calving on the ranch

March 23, 2022
Jenny Pluhar
It’s that time of year again. Young calves on the ground, ranchers exhausted, wondering how they ever got through calving season in harsh winter weather.
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Certainties in life: Death, taxes and cyclical lows

March 11, 2022
Kevin Bernhardt
With apologies to Benjamin Franklin, who said “The only two certainties in life are death and taxes,” dairy farmers can add cyclical highs and lows in milk prices and profitability to that list.
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030722 bailey stocker calf

3 tips for stocker and backgrounders in 2022

March 10, 2022
Eric Bailey
Many of us are feeling the pinch of increased input prices this year. Add market instability into the equation and it makes for a difficult decision-making process buying stocker or backgrounder calves in 2022. Use these tips to identify leverage points in your stocker/backgrounder business.
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Considering costs: Should you invest more in reproductive management?

February 24, 2022
Jordan Thomas
Have you ever sat down and figured out what it costs to breed a cow? It might seem like an easy number to calculate, since we can add up all of our natural service bull purchases and subtract out the salvage value of any bulls sold.
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Where might your cost of production fall when compared to others in the region?

December 31, 2021
John Molenhuis

One advantage in the dairy industry is access to financial and production information to benchmark against. The Canadian Dairy Commission (CDC) reports the cost of production results from the national cost of production (COP) data project.


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