Prior, Proper, Planning Precedes Profitable Purchases

Prior, Proper, Planning Precedes Profitable Purchases

As the bull-buying season gets underway, commercial cattlemen should do their home work to help ensure the bull(s) they purchase this year meet their needs. Like most things in life, preparedness is the key to making an informed decision. In this case, an informed purchase. Remember, bull selection accounts for more than 75% of the gene flow in your herd.

Take the time to do the $500/hour work in bull selection and let some of the $5/hour work wait until after bull purchases are made. Before you crack open the sale catalogs of seedstock suppliers, there are few resources and skills you should possess.

First, make sure you understand the use of Expected Progeny Differences (EPD) and selection indexes. While EPDs are not the only selection information you should consider, EPDs are the most effective tools available to describe the genetic differences between animals within and across herds. EPDs are much more effective genetic predictors than actual or adjusted performance records. If an EPD is available for a trait it should be used instead of an animal's own performance record for that trait.

The EPD removes age and environmental effects that can bias a decision based on actual or adjusted performance records. Use Calving Ease (CE or CED) EPD, rather than birth weight (BW) EPD, if it's available to select bulls that minimize calving difficulty. CE EPD calculations include BW data and other sources of information that affect dystocia.

Not all EPDs are the same, so make sure you know the appropriate information for the breed of cattle you are purchasing. For a useful reference on EPDs and other genetic topics see the

Beef Sire Selection Manual

(http://www.nbcec.org/producers/sire.html). Obtain the breed average EPDs and a percentile rank table available from the most current genetic evaluation for the breed of interest. Percentile rank tables can be found on most breed association websites. These tools will enable you to compare the relative genetic merit of individual animals to other animals in the breed.

Second, make sure you know what traits you would like to improve in your herd. What breed(s) fit in your mating system? If you are using a crossbreeding system make sure the breed you selected fits your objectives. Other factors to consider are source of replacement heifers and endpoints for progeny marketing (weaning, back-grounded or in the beef). Assessment of these factors will help point you to the best breed for your needs and the combinations of maternal/growth/carcass traits that best fit your operation and environment. Be sure to apply selection to traits that have direct economic importance in your production system.

Third, set a realistic budget for bull purchases. Like most things in life, price is driven by quality. Evaluation of a seedstock supplier's prior year sale averages will give you an idea of what to expect in terms of purchase costs. A good rule of thumb is that a quality seedstock bull costs roughly the same as the value of 4-5 feeder steers in the current market. The purchase cost highlights the importance of making a well thought out decision.

Fourth, get to know your seedstock supplier and make sure he/she knows you and your operational goals. Seek out recommendations from your supplier well in advance of the sale. Once you receive the sale catalog make a short list of bulls (roughly three times more than you actually need to purchase) that fit your specifications. Arrive at the sale site early to inspect the bulls on your short list. Shorten this list of candidates based on conformation and updated data to identify your purchase candidates. Keep the sale order in mind. Stay focused on the bulls you selected earlier. Sticking to your plan will avoid impulse purchases. Remember: Failure to plan is planning to fail. Please contact your extension livestock specialist or me if you need help finding resources to aid in your sire selection activities.

 

Latest News

Markets: Cash Cattle Rebound, Futures Notch Four-Week High
Markets: Cash Cattle Rebound, Futures Notch Four-Week High

After a mostly sluggish April, market-ready fed cattle saw a solid rally in the North and steady money in the South. Futures markets began to look past the psychologically bearish H5N1 virus news.

APHIS To Require Electronic Animal ID for Certain Cattle and Bison
APHIS To Require Electronic Animal ID for Certain Cattle and Bison

APHIS issued its final rule on animal ID that has been in place since 2013, switching from solely visual tags to tags that are both electronically and visually readable for certain classes of cattle moving interstate.

How Do Wind, Solar, Renewable Energy Effect Land Values?
How Do Wind, Solar, Renewable Energy Effect Land Values?

“If we step back and look at what that means for farmland, we're taking our energy production system from highly centralized production facilities and we have to distribute it,” says David Muth.

Ranchers Concerned Over Six Confirmed Wolf Kills in Colorado
Ranchers Concerned Over Six Confirmed Wolf Kills in Colorado

Six wolf depredations of cattle have been confirmed in Colorado from reintroduced wolves.

Profit Tracker: Packer Losses Mount; Pork Margins Solid
Profit Tracker: Packer Losses Mount; Pork Margins Solid

Cattle and hog feeders find dramatically lower feed costs compared to last year with higher live anumal sales prices. Beef packers continue to struggle with negative margins.

Applying the Soil Health Principles to Fit Your Operation
Applying the Soil Health Principles to Fit Your Operation

What’s your context? One of the 6 soil health principles we discuss in this week’s episode is knowing your context. What’s yours? What is your goal? What’s the reason you run cattle?