0706NetProfitabilityCattles.cfm 'Feedout Finale' held June 23
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'Feedout Finale' held June 23

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Missouri

The weigh-in for the Missouri Steer Feedout at Joplin Regional Stockyards was held in November 2010 in conjunction with the regular meeting of the Southwest Missouri Cattlemen's Association.

During the meeting the 13 groups of steers from the area were run through the sale ring and the 70-plus attendees voted on a variety of performance outcomes for each group.

Voting was done via remote control on a computerized system provided by Alpharma.

Following the evaluation, the votes were tallied but the true results on most questions were not known until the feeding period and the carcass evaluation was completed and reported at the "Feedout Finale" in Mt. Vernon on June 23.

"Most of the responders hit the mark on the expected shrink of the steers from weigh-in to the Iowa feedlot arrival weight. The range most voted for was 3 to 5 percent," said Eldon Cole, livestock specialist with University of Missouri Extension.

Average daily gains were better in this year's feedout than in the past so most responders underestimated that value. Carcass weights also gave them problems according to Cole.

Quality grades were estimated and the audience estimated only 5 of the 13 groups in the proper range. Yield grade estimates fell within the range on 7 of the 13 groups.

Since profits were higher this year than in the past, most of the audience estimates were too conservative with only three groups of calves falling in the proper range. Those three were all lower profit groups.

The one question category that seemed to have the greatest consensus was, "if you were a feed yard order buyer and were asked to purchase top quality feeders, regardless of weight and color, would you bid on these steers?"

According to Cole, there were four groups of steers that between 94 and 99 percent of the audience said yes on. They were owned by Norman Garton, Nevada; Goodnight Angus Farm, Carthage; Bart Renkoski, Purdy; and Don Stuckey, Tunas.

"When the net profitability was calculated for the 13 groups of steers the groups owned by Garton, Goodnight, Renkoski and Stuckey were on top. So even though the audience had difficulty pinning down a single performance trait, they did agree on whether they would bid on those steer calves," said Cole.

For more information, contact any of the MU Extension livestock specialists in southwest Missouri: Eldon Cole in Mt. Vernon at 417-466-3102, or Dona Goede in Cedar County at 417-276-3313.



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