A SIMPLE TOOL TO PROJECT COW-CALF PROFITABILITY FOR NEXT YEAR
Applied Research
Christopher Prevatt
State Specialized Agent
UF/IFAS
Ona
Abstract
Making a profit with a cow-calf enterprise requires prior planning and management. Cow-calf producers can make more profitable management and marketing decisions when they use decision aids and enterprise budgets for their operation. A spreadsheet was developed to project cow-calf profitability for producers using the basic factors that affect cow-calf profitability. The spreadsheet provides the user the opportunity to insert individualized projections about their cost of production, performance, and market prices for the coming year. It provides a visual to which producers can identify profitable outcomes. The spreadsheet organizes the information and computes the profitability of the cow-calf enterprise. Additionally, a sensitivity option with respect to cost of production and animal performance allows the user to evaluate alternative levels and their impact on profitability. The spreadsheet can be used for estimating the impact of certain decisions on the profitability on your cow-calf operation. Adjusting the parameters in the spreadsheet will allow you to examine the impact of alternative animal production practices, animal performance, forage production practices, feeding strategies, levels and types of input use, and marketing opportunities on the level of profitability.
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Poster has NOT been presented at any previous NACAA AM/PIC
This poster is being submitted for judging. It will be displayed at the AM/PIC if not selected as a State winner. The abstract will be published in the proceedings.
A poster file has not been provided
Authors: C. Prevatt
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Prevatt, C. Regional Specialized Agent, UF/IFAS, Florida, 33865