Sometimes cattle producers with the most productivity were not always the most profitable, and maximizing productivity doesn’t always mean maximizing profit. That’s where benchmarking becomes a livestock producer’s tool.
This comparison of the two most profitable groups of commercial cattle operations, breaking down how much each spent on supplement and hay (blue), pasture (orange) and non-feed costs (gray).
This chart compares the value of calves sold in the study of 31 commercial cattle operations, ranging from the lowest to highest profitable operations. The blue bar indicates calves sold. Orange is for calves transferred out.
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Cattle stand in a lot near Yankton, S.D. Benchmarking, comparing your operation with others of a similar size, can help maximize profits, experts say.
