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| What is the price of your new bull? |
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With the rising costs the order of the day, beef farmers may rightly be asking what they can afford to pay for the new bull. Although the outlay may appear to be a lot, what does he cost you in terms of calves produced or weaner income and how much improvement in your herd would justify his purchase price? The table below illustrates these costs at different prices assuming you sell your old bull at slaughter value and finance the new one at 15% interest over 5 years after which he is paid for and can be traded for the latest model.
The figures show that bull costs are a small percentage of annual weaner income and even a small improvement in your weaners will justify the cost of the latest genetics. Add the long term benefit of improving your cow herd in terms of lower calving intervals, less skips and better adaptability and the question may well be asked:-
WHAT DOES IT COST YOU NOT TO KEEP IMPROVING YOUR GENETICS? --> |