Beef Buzz News
KSU's Dr. Glynn Tonsor Develops Tool to Determine Value of Calf Vaccination Programs
Mon, 29 Mar 2021 07:50:12 CDT
The economic value of calf vaccination programs can be more easily determined using a new decision tool designed by Dr. Glynn Tonsor, Kansas State University Extension livestock market economist.
Ron Hays Beef Buzzes With Dr. Glynn Tonsor
The tool is called the KSU-Merck Calf vaccination program assessment tool.
We partnered to build this Excel-based decision tool to mainly help cow-calf producers make the decision to sell calves at weaning versus enroll them in a post weaning vaccination program, he said.
It walks you through and asks you to update your cost structure, labor costs per day and that sort of thing, Tonsor said.
We have been working with Merck Animal Health and Superior Livestock Auction data that allowed us to estimate the sales price differential for cattle sold on various vaccination programs, he said.
The goal is to not only provide a useful tool today but also in the fall and in coming years, he said.
The market is going to adjust so the premium the market will pay for vaccine programs compared to weaning will not be the same ten years in a row, he said.
The point is to give producers the decision aid to make a more informed decision on expected return of enrolling your calves in one of these post weaning programs versus selling at weaning, he said.
The answer will depend on your situation and willingness to be exposed to the market for a longer period of time, Tonsor said.
The KSU economist added itís not a black and white simple yes or no for everybody.
You canít manage what you donít measure, he said.
To find the assessment tool, click here.
Click on the LISTEN BAR below to hear more comments from Dr. Glynn Tonsor.
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