“Should I sell or background my calves?” is a question most cow-calf producers face every year. Producers need to project whether it will be profitable to feed their calves on a backgrounding program rather than sell them at weaning. There are many deciding factors including current calf prices, cost of gain, and projected feeder prices. These variables are all different for each producer, depending on their cattle, and their cost structure, therefore each operation needs to crunch their own numbers.
The Beef Cattle Research Council’s new Backgrounding Calculator can help make the decision. This decision-making tool is designed to identify economic opportunities and risks from backgrounding cattle. Continue reading