MANAGING FOR TODAY'S CATTLE MARKET AND BEYOND is a
well-planned collection of 36 outstanding papers, produced by 29 authors from 16 states.
The project was conceived by the Western Extension Marketing Committee for extension and
classroom audiences. Direct dollar contributors to this project were USDA-CSREES, Farm
Foundation, University of Wyoming, Utah State University and University of Nebraska. The
project was also supported by the Livestock Marketing Information Center, National Beef
Cattlemen's Association, the respective authors and the state Cooperative Extension
Services of their institutions. Chris Bastian
(University of Wyoming) and DeeVon Bailey (Utah State University) are highly commended for
their outstanding leadership in bringing this project from conception to completion in a
timely manner.
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I. INTRODUCTION
II. INTEGRATED MANAGEMENT
A. Analyzing Your Operation
- Integrated Management and Setting Goals
- Assessing the Economic Status of Your Beef Cow Herd
- Determine Your Unit Costs of Producing a Hundred
Weight of Calf
- Conducting a Comparative Analysis of Your Herd's
Production Facts with other Herds' Production Facts
- Conducting a Comparative Analysis of Your Herd's
Economic Facts with Other Herds' Economic Facts
- Understanding Your Financial Situation
- Applying the Assessment Tools to Your Farm/Ranch
B. Management Strategies Aimed at Reducing Costs
- Managing Cow-Calf Production Costs: What to do Before
the Money Runs Out
- Managing Your Herd's Composition
- The Costs of Raising Replacement Heifers and the
Value of a Purchased Versus Raised Replacement
- Leasing Arrangements for Cattle
C. Financial Management
- Working with Your Lender in Times of Financial Stress
- Should I Sell My Cow Herd?
- Farm/Ranch Information Systems
III. MARKETING
A. Value Added/Merchandising Strategies
- Retained Ownership of Cattle: Factors to Consider
- Retained Ownership in Cattle Cycles
- Cooperative in Cattle Marketing
- Replacement Heifer Sales
- Preconditioning Calves for Feedlots
- Feeding and Marketing Cull Cows
B. Price Risk Management
- Marketing Alternatives that can be Considered in Your
Business Plan Today
- Comparing Your Marketing Opportunities
- Futures Market - Basic
- Commodity Options as Price Risk Insurance for
Cattlemen
- Evaluating Forward Prices with Basics
- Market Plan
IV. IMPLEMENTING A STRATEGY
- IRM Learning Teams
- Things to Think About When Trying Something New in
Your Operation
V. THE CATTLE MARKET ENVIRONMENT
- Price Determination Versus Price Discovery
- The Changing Consumer and the Demand for Meats
- The Cattle Cycle
- Structural Changes in Cattle Feeding and Meat Packing
- Packer Concentration and Captive Supplies
- International Beef and Cattle Trade
VI. BEEF INDUSTRY'S FUTURE
- Beef Industry Challenges and Opportunities
- Today's Changing Meat Industry: Implications for
Tomorrow's Beef Sector
UPDATE ~ UPDATE ~ UPDATE ~ UPDATE ~ UPDATE ~
UPDATE
- Introduction March 2002
- Alliances
and Vertical Arrangements
- Basis Forward
Contracts
- Benchmarking Your Herd's
Economic Facts
- Cattle
Identification—The Canadian Experience
- Cattle Marketing
and Food Safety
- Cattle Price
Seasonality
- The Costs of
Raising Replacement Heifers and the Value of a Purchased Versus Raised
Replacement
- Determining Your
Economic Unit Cost of Producing a Hundred Weight of Calf
- The
Evolution of Identity Preservation in Red Meat Markets
- Factors
Affecting the Basis for Feeder Cattle
- Focus on Beef Demand
- Grid Base Prices and
Premium-Discounts Over Time
- Grid Pricing:
Risk, Value of Information, and Management Implications
- Hedging Using
Livestock Futures
- Industry
Opportunities and Some issues for Value Based Marketing
- Leasing
Arrangements for Cattle
- The Impact of Corn and Fed
Cattle Prices on Feeder Cattle Price Slides
- The New Beef Industry:
What Will It Mean to Feeder Cattle Producers?
- Niche Marketing of
Cattle/Beef
-
Prescriptions for a Healthy Beef Industry
- Price
Determination versus Price Discovery
- Profiting from
the Cattle Cycle: Alternative Cow Herd investment Strategies
- Retained Ownership of
Cattle: Factors to Consider
- Should Producers Attempt to
Behave Counter-Cyclically During Cattle Cycles?
- Structural Changes
in Cattle Feeding and Meat Packing
- Taking Your
Beef Cow Herd Profitably Through the Cattle Cycle
- Understanding
and Using Feeder and Slaughter Cattle Basis
- Understanding
Grid Pricing
- U.S. Beef Trade Issues
- Weather Related Sales
of Livestock and Tax Implications
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