We have completed extensive research of our customer base in consultation with local livestock industry associations to produce an annual benchmark income target for cow / calf operations.
The annual benchmark we have produced is as follows :
30 Breeders = 30 calves @ 1kg per day (ADG) @ $5 per kilogram = $41,000 per annum (sold at 9 months of age) - running with 1 Bull
60 Breeders = 60 calves @ 1kg per day (ADG) @ $5 per kilogram = $82,000 per annum (sold at 9 months of age) running with 2 Bulls
100 Breeders = 100 calves @ 1kg per day (ADG) @ $5 per kilogram = $136,875 per annum (sold at 9 months of age) - running with 3 Bulls
These figures are a guide only (recommended benchmark) and represent "income earning potential" with the proper management of livestock with an AgriEID Digital Farm System, optimal livestock genetics combined with a professional annual medical treatment plan. This annual income level can be achieved with the recommended best practice for livestock management with data collection and analytics combined with professional advice (veterinary for medical and stock agent for genetics).
If your property is not generating this level of annual income - you need to focus on the following 4 key metrics :
a) Measuring Average Daily Weight Gain (ADG)
b) Annual Medical Plan - implement and record with local veterinary advice
c) Genetics - record sire and dam link - remove poor performers add new genetics
d) Fertility - recording births with dam link - remove infertile animals
Medical Treatment Benchmark : Drenching animals 2 x per annum orally to remove internal parasites, 2 x vaccinations for calves and 1 x vaccination for cows / bulls at a minimum (7 in 1 or 5 in 1), Insecticidal Ear Tags for Buffalo fly and parasite control. Pour on and spray as required to remove external parasites - observed as rashes on necks etc.
Identify and treat poor performing calves (below average daily weight gain metrics) - medical booster treatments need to be applied to remove impediments to weight gain performance. Suggested booster treatment options include : Multimin injection, Ivermectin - pour on, Cydectin - pour on, Nilzan - oral drench, Insecticidal ear tags plus any treatment schedule and dose based on veterinary advice for your specific region, climate and parasite concerns etc.
Annual Veterinarian Review : It is important to spend at least 1-2 hours per annum with your local veterinarian expert reviewing and discussing an annual plan for optimum animal care for your individual property. You need to schedule the best product and month for application based on your properties geographic location (parasites and climate etc) You can enter these details into the AgriEID planner and update as required.
Pasture improvement (soil testing with agronomist advice) can increase property income potential as breeder carrying capacity can be increased - resulting in higher benchmarks and annual revenue.
Improve your beef breeding operation to industry benchmarks by following the MLA guidelines and available tools.
"More Beef from Pastures Online Manual"
This manual draws on the latest R&D as well as the knowledge, skills and experience of producer advocates who helped write the seven modules. The overall goal of the program is to achieve a sustainable (economic and environmental) increase in kilograms of beef produced per hectare through optimal property and herd management best practice.
Seven Modules available here for download : https://mbfp.mla.com.au