Economics of Feeding Flashcards
1
Q
canadian cattle inventory decreased since
A
2006
2
Q
net imports in 2023 and 2020
A
2023 is 150000 head
2022 is over 100000 head
3
Q
in a 20000 head feedlot how much does it cost to run per month?
A
2million
4
Q
what must you know when making a marketing plan
A
cost of production
5
Q
common return on investment %
A
2%
6
Q
what do futures allow you to do
A
predict what you can spend now and still make money
7
Q
weight price trend
A
lower weight higher price bc more oppurtunity for growth
8
Q
starting place to marketing
A
consider marketing before you evne buy the animals
9
Q
2 keys to profitability
A
the buy/sell
animal performance
10
Q
last step to marketing
A
review to see what went well and what didnt
