Feedlot operators tap into their hard-earned instincts almost every minute of every day. Most also lean into data and information. When critical decisions need to be made, it can be difficult to choose the right lane. Should instinct or data guide the thinking, or is there an overlap? If they’re both valuable, how do producers find their appropriate balance?

The February Feed Outlook report showed the 2023-24 global coarse grain production is reduced. Supply is slightly lower at 442.6 million metric tons. However, reductions in total U.S. coarse grain use outweigh supply losses, lifting ending stocks.

Aren’t we often waiting for something to happen, dreaming of some future set of circumstances that we hope will make our operation profitable?

Because feed costs are a very significant contributor to total running costs, they are a focal point for producers looking to reduce costs without negatively impacting animal performance and farm profitability.

A cattle operation's feeding and nutrition program is the single-largest ongoing production expense and the one that may require the greatest amount of time, focus and planning to manage. It may also be the most variable, depending on the region and operations themselves.