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Management and Nutritional Considerations for Growing Cattle Under COVID-19 Conditions

May 1, 2020 Beef Cattle

management … Management and Nutritional Considerat … necessity for self‐evaluation and in many cases, making monumental changes to common management and nutritional approaches to growing and finishing beef cattle. In March, sales of feeder cattle fell well below what was earlier anticipated. In April, the array of announced shutdowns at meat processing plants created disruptions, which have resulted in extended planned delivery dates. Combined, this “clogging” in the beef supply chain has created subsequent challenges in terms of potential shortages of available pen space to accept new arrivals of feeders. Consequently, many growers are re‐assessing prospects of longer‐term ownership of their feeder cattle. Given adjustments in the ethanol industry, the dramatically reduced availability of distiller’s grains has created dramatic ripple effects on the prices of feedstuffs such as alfalfa hay and those coproducts that could be substituted and used in its place. As a whole, the options for use with these alternative feed ingredients is significantly reduced with adjoining reductions in feed efficiency performance. Where are you standing today? If a producer presently has backgrounding cattle in his/her yard, the critical first step is to accurately assess their situation. This starts with knowing the present day, average weight of these cattle. This fact is important to know going forward to assess marketing scenarios and to examine how rations can be formulated with available feed ingredients. The Department of Agricultural Economics (www.agmanager.info) has a broad range of tools available for cattle producers to use to provide guidance with the implementation of price protection and to obtain market‐informed projections of the feeder cattle market at future periods when cattle may be sold. Two resources in particular include:  …

Overview of Beef-Cattle Industry Changes and Economic Implications Kansas Society of Farm Managers and Rural Appraisers 49th Annual Winter Meeting. Salina, KS.

February 23, 2012

managers … Kansas Society of Farm Managers and Rural Appraisers 49th … price information • Riskmanagement/forecasting tools 96 Other …

KSU-OptionStrategies

December 12, 2013

futures and options basis risk still exists. Thus, the … have potentially unlimited risk; whereas, simply purchasing … purchasing options has limited risk (i.e., the cost of premium). Developed …

Estimated Volatility for 2015

January 21, 2015 Risk Management Strategies