3 minute read
Increasing your sale price
from OFN August 10, 2020
by Eric Tietze
farmhelp Making farming a little easier
Increasing Value at the Sale
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By Klaire Howerton Selling quality cattle at the right time has benefits Many producers in the Ozarks sell their cattle through livestock auctions. specific programs, genomic testing, etc. Having any relevant panels and paperwork com
This can be a good marketing strategy depending on the individual operation, espepiled neatly makes it convenient for buyers to learn about their potential new animals. cially if a producer does their research, implements some pre-sale practices and practices good customer service to add value to their cattle. According to Andy McCorkill, livePre-Conditioning: Calves will sell better if they are fully weaned and have been stock specialist with the University of Missouri Extension, “cattle, like anything else, through a pre-conditioning program where they are fairly calm and bunk broke, etc. will sell better with a story behind them.” McCorkill explained getting calves pre-conditioned will make them healthier in the
Honestly sharing all applicable information can endear buyers to a producer and create long run, since they will not be dealing with both weaning and sale barn stress at the repeat customers. same time.
Vaccinations and Health Programs: While it might cost the producer a bit more up front, market research has shown calves that are vaccinated and vet checked prior to selling bring a higher price than those that have not received health treatments. If cattle are unhealthy or even appear unhealthy, potential buyers are not likely to pay what the producer wants. Proof of vaccinations (buyers typically look for a seven-way and a broad-spectrum respiratory vaccination at minimum) and health checks can go a long way toward adding value and potentially creating repeat customers. Other health practices that can add value to livestock auction cattle are dehorning and castration prior to selling, if it is appropriate for the individual operation. If these surgical procedures are done prior to hauling the animals to the sale, McCorkill advised that producers ensure those areas are well healed. A conversation with the herd veterinarian can help determine what is best for each group of calves prior to the sale.
Program Participation: If a producer participates in different programs or marketing campaigns, this can add value to sale barn cattle as well. Knowing what their consumers want will help determine appropriate programs and advertisement of certain management practices, such as antibiotic free, grass fed, Show-Me Heifer Select, breed Uniformity: The larger and more uniform the lots of calves, the better value a producer can achieve, McCorkill explained. Utilizing DNA and genomic testing can help producers work from a consistent genetic base. Structuring a short-calving interval will also help calf lots be uniform when it comes time to head to the auction.
Timing: The time of year a producer chooses to sell their animals can affect the price they receive. Visiting with the livestock market agent or rep can help determine when the most cattle run through the ring, and how one might structure their management programs to sell during the “off” season, which is typically spring, according to Glynn Tonsor, PhD, and professor of agricultural economics at Kansas State University. He suggests since a majority of producers spring calve, there are more cattle ready to sell in the fall, therefore the price is typically more depressed.
With fewer fall-born calves, the supply in the spring is lower, so those calves tend to bring higher prices.
Some thoughtful consideration and effort on the part of the producer can add value to their calves and make sale barn marketing a sustainable and profitable option for the long run.
what do
you say?
What is a deciding factor on where to sell your livestock?
“For me, it’s convenience and service; you’re going to get about the same price anywhere you go. I also prefer to sell closer to home and have been pleased.”
Richard Bloss
Lawrence County, Mo.
“Location and proximity are the biggest factors, as well as the types of buyers they bring in, the reputation of the barn and the type of sale it is, either seedstock or slaughter.”
Jennifer Lutes
McDonald County, Mo.
“We try to fit our livestock sales to a market where their genetics can be recognized. The second important element is humane and sensible handling.”
Betty McCarthy Dallas County, Mo.
“We go where we can get the best price and where there are several buyers to help get that better price.”