Agricultural News
Don Close on the Impact of More Dairy Calves for Beef Consumption
Fri, 21 Feb 2020 09:23:19 CST
In today's Beef Buzz, Ron Hays talks with Don Close, Senior Analyst with RaboFinance, about a new report on the impact of more dairy calves bred for beef consumption.
Close said the idea of a "beef makeover for dairy" project has been in the works for about ten years, but we are just now seeing the impact of more dairy calves in our feed yards.
"I truly think this is a win-win situation for both the beef producer and dairy producer," said Close.
He noted there probably wouldn't be a huge increase in net beef supply, but there could be a difference in the ground beef and trim markets.
Close said the drivers of this project has been improved dairy genetics for breeding the 30 percent elite dairy cows with top high-end dairy bulls, opening the remaining 70 percent of the cows to breed with beef bulls. Another factor is the lower fluid milk prices have forced dairy producers to look at this program.
Close said it could bring $100 to $150 more per dairy calf. This increase could keep many dairy producers in the business.
Click on the LISTEN BAR below to hear the complete interview with Don Close as he talks with Ron Hays.
The Beef Buzz is a regular feature heard on radio stations around the region on the Radio Oklahoma Network and is a regular audio feature found on this website as well. Click on the LISTEN BAR below for today's show and check out our archives for older Beef Buzz shows covering the gamut of the beef cattle industry today.
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