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Cullom, Illinois | A recent cattle feeding meeting put on by the U of I had a professor give a discussion on the economics of cattle feeding. He made a statement that stuck with me. 10% improvement in income can be made by improved management: implanting, bunk management, death loss, etc. 40% income improvement comes from buying them right, selling them right, and risk protection. So when running your numbers, you can expect your new barn to improve thing by about 10% if all other management is being done correctly.
And I have also learned from experience that building a new barn will force you to become a better marketer. | |
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