While economic efficiency measures focus on optimal use of inputs relative to the value of outputs in cow-calf operations, changes in output values or input costs can lead to improved returns due solely to changing market conditions while masking stagnant or even declining physical productivity. “It is important to remember it takes both to ensure that the operation is moving in the right direction,” said Derrell Peel, Oklahoma State University Cooperative Extension livestock marketing specialist. “The first step is to measure productivity and input use in a good record system. Then put those records to use.” – Drovers CatttleNetwork Read more…
Recent Posts
Crime Watch: Cow missing in Potter County
Texas & Southwestern Cattle Raisers Association Special Ranger Chris Ward, District 1 in the …
Continue Reading about Crime Watch: Cow missing in Potter County
Texas, Oklahoma weekly livestock auction summaries for July 1
Texas Compared to last week: Feeder steers and heifers sold steady to 4.00 higher. Trade activity …
Continue Reading about Texas, Oklahoma weekly livestock auction summaries for July 1
U.S. drought monitor and summary report for June 28
This Week's Drought Summary Widespread moderate drought and abnormal dryness continued to form …
Continue Reading about U.S. drought monitor and summary report for June 28