Cattle prices are expected to average higher in 2024 compared to 2023, which means that cow-calf producers are expecting increased returns and profitability.
Plan now for 2024
However, profit maximization implies careful cost management regardless of the revenue potential. The biggest cost component of cow-calf production is feed costs and specifically, harvested, and supplemental feeds. January may seem early to start planning grazing for the coming growing season but the ability to minimize non-grazing feed costs will depend on comprehensive grazing plans and management for the entire…