The highest and lowest net income-earning cattle producers do have similarities. That’s according to NDSU Extension agriculture finance specialist Bryon Parman. “Market prices received were almost exactly the same,” says Parman. “Weaning weights and percentages tend to be similar, also. While weaning percentages only differed by a couple points, that really is a big difference because that’s more alive calves to sell.” The largest difference between the high 20 percent and lower 40 percent of cattle producers is feed costs per cow, nearly a $200 difference between the lower-net and high-net income producers. Parman spoke during the virtual Central Dakota Ag Day. View the full video presentation.
