Beef on dairy now represents 13 percent of the feeder cattle supply. CIH Hedging Risk Management Advisor Mark Newman is seeing that phenomenon reflected with day-old calves. “Yeah, $1,800 in Pennsylvania for a Holstein beef cross, in the Midwest, it’s closer to $1,500, $1,600 and maybe $1,300 for a Jersey calf,” said Newman. “It is really a tremendous run-up. In 2020, you were probably getting $200 for a day-old.” Speaking at the Central Plains Dairy Expo, Newman said USDA’s new Livestock Revenue Protection risk management tool provides peace of mind.
