LIMOUSIN TODAY August 2017 | Page 10

Executive Summary The Value of Cattle that can Combine Superior Quality and Yield Grade By Mark Anderson, NALF executive director Keys to profitability in the cattle industry encompass a vast number of management choices in today’s cattle business. Genetic selection for traits as they relate to production pounds, feed efficiency, maternal traits, and carcass traits are all critical. These combined with management choices that include everything from feed programs, vaccination and weaning protocols, and mineral programs to determine bottom line on cattle production. After these items are addressed one must still market correctly while utilizing risk Table 1. Running Creek Cattle closeout with Tyson Fresh Meats 124 steers 84 heifers Ship date Feb. 17, 2017 Feb. 10, 2017 Gross live weight 192,660 lbs. 122440 Net live weight 184,954 lbs. 117542 Average live weight 1,492 lbs. 1399 Total hot weight 121,007 lbs. 76511 Avg hot weight 976 lbs. 911 Live cost $124.34 $123.64 Actual Yield % 65.4% 65.1% Prime % 2.4% 3.6% Choice % 95.2% 88.1% Select % 2.4% 8.3% YG 1 % 33.8% 21.4% YG 2 % 42.7% 45.4% YG 3 % 18.5% 30.0% YG 4 % 4.8% 2.2% YG 5 % 0.0% 1.0% Dress Base price $190.03 $189.96 Payment Price $212.90 $214.66 Carcass weight premium $22.87 $24.70 $ premium per head $223.21 $225.01 8 | AUGUST 2017 management practices and hope to get a return on investment at the end of the day. These are items that a producer has a management choice in and do not include items that are out of their control such as weather risk, wild market swings, and unforeseen mishaps that can occur when you are looking after a living, breathing, four-legged animal. The building blocks for superior genetics lie within America’s seedstock cattle business. Now more than ever, given advancements made in DNA- enhanced genetic evaluations and their unprecedented predictive power of heritability, commercial producers can select their seedstock purchases with high accuracy, if they are using all the tools that have been readily made available to them over the past decade. Cattle markets have and will most likely remain volatile and somewhat unpredictable. Given all the inputs that must be managed in commercial cattle production, it is no secret that purchasers of today’s commercial feeder cattle will want to buy cattle that can best combine feed performance and superior carcass traits to help eliminate some market risk and increase profitability. An example of eliminating some of that inherent risk is evident in the kill data on cattle recently fed and harvested by Running Creek Ranch, Elizabeth, Colo., during February of 2017. Running Creek has been a longtime breeder of Limousin genetics and has fed cattle consistently over the past 40 years. The kill data represented on purebred Limousin steers and heifers (Table 1.) were raised and fed by Running Creek