Many shoppers wish to purchase regionally produced beef, and College of Missouri Extension economists might help producers ship.
Beef producers who wish to end their cattle on their farms now have entry to new assets from MU Extension beef specialists to find out their ending budgets.
The On-Farm Ending Price range publication and spreadsheet instruments launched throughout Could – Nationwide Beef Month – present beef producers with assets to assist them make the most effective determination doable when contemplating retaining their calves previous weaning, mentioned MU analysis challenge analyst Drew Kientzy.
“Volatility in beef costs and provides have extra producers contemplating the choice of promoting their beef on to native shoppers,” mentioned Kientzy, who designed the spreadsheet fashions and drafted the information. “We hope this device helps producers determine if they need to end their calves and the way finest to promote the animals when prepared for slaughter.”
The Stay Sale funds sheets permits farmers to customise an enterprise funds for his or her beef operation elevating calves from beginning to slaughter weights. The Freezer Beef funds sheet permits farmers to guage promoting animals on to shoppers as entire, half or quarter carcasses.
A Retail Cuts sheet dietary supplements the Freezer Beef sheet, permitting producers to guage promoting their animals on to shoppers as particular person cuts with customized pricing by meat reduce.
These new instruments assist producers perceive their revenue margins after they value beef for native markets, mentioned Jennifer Lutes, MU Extension agriculture enterprise specialist.
“It’s not a guessing sport; producers can now make pricing selections based mostly on their very own manufacturing prices,” Lutes mentioned.
The publication is co-authored by Lutes and Ryan Milhollin, MU assistant professor of agricultural enterprise and coverage.
The publication and spreadsheet instruments can be found without spending a dime obtain right here.
