INCREASED UTILIZATION OF GRASS IMPROVES ECONOMICS OF BEEF PRODUCTION IN MISSOURI
Agricultural Economics & Community Development
Wayne Prewitt
Regional Director
UNIVERSITY OF MISSOURI
Walker
Abstract
Much of Missouri is in a unique position because forage grows from late March and runs into December. Unfortunately the poor management of the forage base causes the under-utilization of the forage due to tramping, bodily secretions and over maturity. Missouri beef-cow producers average 4.5 acres of land per cow and feed over 1.5 tons of hay annually. Many producers are renting pastureland for up to $50 dollars per acre and paying $60/ton for grass hay. Since forage costs account for approximately 50% of the total production costs, improving forage utilization and management can have the great impact of the profitability of our beef producers. By improving forage utilization, Missouri’s beef industry can continue to be the low cost leader. Utilizing tools such as the rising plate meter, grazing wedge and intensive rational grazing practices cow-calf producers are reducing their forage costs through improved management and understanding of forage growth and management techniques. One group of producers in West Central Missouri has adopted improved management practices resulting in increased net income per acre up to $190-$200/acre. This “elite” grazing group focuses in grass management to achieve the desire results of increasing their bottom line. Monthly meetings and pasture works focus on what is important to the financial success for the farm. They believe that forage quality and quantity drive the success of the beef operation.
Authors: Prewitt, W. R.
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Prewitt, W. R. Ag Business Mgmt. Specialist, University Of Missouri, Missouri, 64772