Bottomline Winter Newsletter

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Bottom Line LIMOUSIN’S COMMERCIAL CONNECTION

WINTER 2012

VOLUME 13, ISSUE 3

INSIDE... Bull Buying Guide

Defining a system for bull selection can maximize the potential of your next purchase.

Taking Advantage of New Marketing Trends

Enhanced marketing options and opportunities for Limousin-influenced cattle.

Cost Analysis Of Value-Added Programs

The cost of removing antibiotics, implants and ionophores from your program and the premiums involved.

Efficiency Is The Name Of The Game

A view into the one of the largest Limousin operations, Running Creek Ranch.

Changing Choice-Select Spread Dynamics

Bull Buying Guide

DC State Of Play

by Joe Epperly Director of Commercial Marketing North American Limousin Foundation

Producers could start receiving noticeable price increases for cattle with Choice grading potential.

Legislative updates on EPA issues, USDA and what’s happening at NCBA.

Bottom Line is published four times per year by the North American Limousin Foundation 7383 S. Alton Way, Suite 100 Centennial, Colorado 80112 (303) 220-1693; Fax (303) 220-1884

www.nalf.org Executive Director Mark Anderson, Ext. 120 Dir. of Communications Brooke Bennett, Ext. 117 Dir. of Commercial Marketing Joe Epperly, Ext. 107

D

r. Mark Wahlberg, a professor at Virginia Tech, once said, “A cheap bull is the most expensive thing on the place.” Dr. Wahlberg had a number of sayings that voiced common-sense cow knowledge, but none that rang more true. Investment in a bull provides a greater impact on the genetic improvement of a herd than most producers realize. A sire has the ability to produce a higher number of offspring in a lifetime than a cow and through his daughters, if kept as replacements, can influence performance for generations. It is important to manage the opportunity associated with buying a new bull by utilizing a planned and prioritized selection process to maximize herd improvement and calf crop profitability. As most bulls are kept for three to five years, the following steps can serve as a guide through the purchasing process:

Set Herd Goals A good breeding program works to advance long and short-term herd goals. The goals must be based upon a valid and honest assessment of the production system, environment and resources, while identifying the potential performance and profitability goals for the herd. The bull you select should have traits of economic relevance to your system and goals. Here are a few questions to consider when formulating your herd goals. Who is your customer and where do you fit in the marketplace? Do you sell your calves at weaning, retain ownership through harvest, or do you sell heifers? This information will determine if you need to focus on heavier weaning weights, maternal traits, or carcass characteristics. It will also help you focus on your customer (i.e. backgrounder, feedlot or packing plant) and fit your program to align with their needs and market demands. Will you be breeding heifers to this bull or retaining females by this bull? Determining the maternal continued on Page 2

To view the current and past issues of Bottom Line, or if you’re not already on the mailing list, visit the North American Limousin Foundation website: North American Limousin Foundation 7383 S. Alton Way, Suite 100 Centennial, CO 80112

PRSRT STD US Postage PAID Columbia MO Permit 353 BOTTOM LINE

www.nalf.org. WINTER 2012

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