How a beef operation is managed can make a significant difference in how profitable it is. With so many variables to consider, such as feed and fuel costs and up-and-down markets, managing profitability and maintaining a healthy bottom line can present an ongoing challenge. University of Nebraska-Lincoln Extension will offer beef profitability workshops in January and February to help producers meet these challenges.
The first workshop is Jan. 26. Rick Rasby, UNL beef specialist will cover Cow-Calf Producer Profit Tips. Topics will include: cow/calf management systems to attack feed costs; testing forages for quality can save dollars and makes "cents" when designing feeding programs; understanding a forage analysis; and purchasing protein supplements after comparing options on a cost per pound of protein basis.
On Feb. 17, Darrell Mark, UNL livestock marketing specialist will present "The Economics of Calf Finishing and Backgrounding Systems: Breakevens, Outlook, and Co-Product Feeding." Topics include: calculating breakeven and its use in decision making; backgrounding and yearling systems; calf feeding versus background and yearling finishing systems; and the economics of feeding and storing ethanol co-products.
Pre-registration is encouraged by phone, fax, e-mail or mail a week in advance – discounts apply. Cost is $10 for registrations received one week in advance – by Jan. 20 for the first session and Feb. 10 for the second workshop. After that, the fee is $15.
For more information or to register, contact UNL Extension Educator Sara Ellicott at (402) 624-8030, (800) 529-8030, firstname.lastname@example.org or fax (402) 624-8010. Information also is available online at Beef Profitability.