Posts

What to Look for in a Feedlot

Building a relationship with the right feedlot can make a huge difference to the profitability of your cattle operation.

 

 

Q&A Producing for a Feedlot 

Why Own a Scale?

Brenda Schoepp explains the importance of owning your own scale for marketing your cattle.

 

 

Weaning Calves

In this video Brenda Schoepp gives strategies to successfully wean your calves.

To reduce the amount of stress on the cattle during the weaning process, pre-expose the cattle to the area that they will be weaned. Make sure there is enough space for the cattle and place a surrogate such as dry cows or lead steers into the pen so the calves have a sense of security. Make sure all  movements are slow and quiet to reduce stress on cattle.

 

 

Q&A Why Wean for 30 days 

3 Ways of Marketing Cattle

Live auction, an electronic auction and direct buy are the three main marketing options for marketing cattle. When deciding which one would suit your needs best, you must decide what you value in the selling process. Consolidationg is useful to combine your lot with another person’s lot, providing both you and the other seller a premium price for your cattle and providing the buyer exactly what they want.

In this video Brenda Schoepp explains the advantages and disadvantages of the three ways of marketing cattle: direct buy, live auction, and electronic auction.

 

Selling Through a Direct Sale

When selling in a direct sale manner, be sure you provide accurate descriptions of the cattle you are selling, including their weight, frame shape, and how many there are. Make it clear on the date and times for viewing and when the bidding will close. Discuss with the buyer the pencil shrinkage and the price slides.the price slides.

 

Selling Through a Live Auction

Before selecting an auction mart to sell your cattle at, you should ask questions about how they run the auction, what the range of buyers are, and if there is feed, water and shelter available for the cattle.

 

Selling through an Electronic Auction

When selling in a direct sale manner, be sure you provide accurate descriptions of the cattle you are selling, including their weight, frame shape, and how many there are. Make it clear on the date and times for viewing and when the bidding will close. Discuss with the buyer the pencil shrinkage and the price slides.

Also check out this Live Demo of a cattle sale

 

Relationships in the Value Chain

Brenda Schoepp explains that to get a clear understanding of each of levels of the value chain, visit each of the sectors near you. Start to build relationships with the sectors and use those relationships as a foundation for expanding your cattle industry.

 

 

Q&A: Building Relationships 

 

Dropping the Ball in the Beef Industry

Brenda Schoepp takes a look at where the beef industry has missed opportunities in the market over the years, and how each link in the chain has dropped the ball.

First, Brenda looks at where different sectors in the industry have moved to in the last 30 years and how they got there.

And then she talks about problems in the beef industry and how to solve them.

Cost of Shrinkage in the Beef Industry

Shrinkage is the expression of stress in cattle and can be detrimental to your business. Shrinkage is caused by many things including stress from being transported, having a change in diet or not having adequate amounts of food and water. Brenda Schoepp discusses how best to avoid this stress, cattle should be transported at their own pace and always have acces to food and water.

 

Beef Marketing Part 1

 

 What is Pencil Shrinkage 

 

Why Be Involved in the Sale?

Brenda Schoepp explains the importance of being actively involved in your sales at the auction.

Q&A Why be Involved in the Sale 

What’s Your Risk Profile in Agriculture?

Brenda Schoepp explains that risk can be defined in many different ways but perhaps the biggest risk in a farm business, is not understand your risk comfort level as an individual.

Using a great story of a group of people coming upon a canoe as an example, Brenda talks about the different kinds of risk people:

1. Risk naive;

2. Risk adverse;

3. Risk tolerant;

4. Risk junky;

5. Risk analyzer;

Are you the kind of person who stays on shore and waits to see what happens?  Or do you jump in with both feet and no life jacket, and just start paddling?

Identify your risk profile in agriculture

 

What’s the Best Way to Consolidate?

Have you considered consolidating cattle? There’s more to it than you think. Brenda Schoepp has lots of great tips on how to get the best price on your cattle by consolidating in ways you may never have thought about.