Integrity Beef Alliance: II. Production and financial data analysis

The Noble Research Institute Integrity Beef Alliance (IBEEF) program which, emphasizes cow/calf best management practices and marketing has been in existence since 2000. From 2009 through 2017, weaning weight has averaged 268.5 kg, 28.6 kg heavier than the 2008 NAHMS data. Sale weights of spring bor...

Full description

Saved in:
Bibliographic Details
Published in:Journal of animal science 2019-07, Vol.97, p.4-4
Main Authors: Wells, Robert S, Bradley, Jason
Format: Article
Language:English
Subjects:
Animal welfare
Beef
Beef cattle
Calves
Cattle
Data analysis
Integrity
Livestock
Market value
Marketing management
Markets
Preconditioning
Weaning
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:The Noble Research Institute Integrity Beef Alliance (IBEEF) program which, emphasizes cow/calf best management practices and marketing has been in existence since 2000. From 2009 through 2017, weaning weight has averaged 268.5 kg, 28.6 kg heavier than the 2008 NAHMS data. Sale weights of spring born calves after a minimum 60 d preconditioning phase averaged 703 lbs. During the preconditioning phase, the cost of gain has averaged $0.34/kg and the value of gain has averaged $0.72/kg. Average preconditioning profit has been $0.38/kg. Total cost of preconditioning calves for at least 60 d for program participants has averaged $122.20/hd and total average profit has been $123.50/ hd. Calves have averaged 1.01 kg/d gain during the preconditioning phase. This value-added calf program has demonstrated an average of 5.77% and 4.80% increase in market value for steers and heifers over all other cattle marketed on the same day at the same sale venue (OKC West Livestock Market, El Reno, OK), respectively, since 2012. Relative to non-certified cattle, IBEEF cattle demonstrated an average of 5.76% and 6.27% increase in market value for steers and heifers, respectively. Membership has grown from 1139 hd with 11 members to 7521 head of calves enrolled by 51 member ranches.
ISSN:0021-8812
1525-3163