Kansas steer futurities: an economic analysis of retained ownership and a summary of cattle performance from 1974-1988

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dc.contributor.author Simms, D.
dc.contributor.author Mintert, J.
dc.contributor.author Maddux, A.
dc.date.accessioned 2010-10-20T17:03:19Z
dc.date.available 2010-10-20T17:03:19Z
dc.date.issued 2010-10-20T17:03:19Z
dc.identifier.uri http://hdl.handle.net/2097/6382
dc.description.abstract The performance, carcass characteristics, and economic data from over 6,200 steers entered in Kansas Steer Futurities from 1974 through 1988 were summarized to evaluate production trends and profitability. The steers' delivery weights, final weights, and frame scores increased over the 14-year period, while daily gain was essentially unchanged. The quality grade, fat thickness, and yield grade all decreased slightly. Ribeye area increased slightly, but ribeye area per unit of carcass remained constant over the years. Based on the delivery weight of the steers, price, normal production relationships, and estimated production costs, we estimate that net returns over cash costs for the cow/calf phase have averaged $5.97 per cow unit from 1974 through 1988, with losses in 7 of those years. Correspondingly, steers in the futurities have been profitable in 10 of the 14 years, with an estimated average return of $38.43. Thus, retaining ownership should be a viable marketing alternative for progressive Kansas cattle producers. en_US
dc.publisher Kansas State University. Agricultural Experiment Station and Cooperative Extension Service en_US
dc.relation.isPartOf Cattlemen’s Day, 1991 en_US
dc.relation.isPartOf Kansas Agricultural Experiment Station contribution; no. 91-355-S en_US
dc.relation.isPartOf Report of progress (Kansas State University. Agricultural Experiment Station and Cooperative Extension Service); 623 en_US
dc.subject Beef en_US
dc.subject Futurity en_US
dc.subject Retained ownership en_US
dc.subject Marketing en_US
dc.title Kansas steer futurities: an economic analysis of retained ownership and a summary of cattle performance from 1974-1988 en_US
dc.type Conference paper en_US
dc.date.published 1991 en_US
dc.citation.epage 40 en_US
dc.citation.spage 35 en_US
dc.description.conference Cattlemen's Day, 1991, Kansas State University, Manhattan, KS, March 1, 1991 en_US
dc.contributor.authoreid jmintert en_US


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