ANSC 1011 Chapter : Feedlot Industry
Document Summary
Lambs, pigs or calves of a weight and size that need to be grown and fattened before suited for slaughter: example: cattle normally go to the feedlot at approximately 1 year of age (500-800 lb. ) Trends: 1950"s cattle& lambs were fed by midwestern family farms. Northern ill. 50-100 head feedlot: today-most cattle and lambs are fed by commercial or custom feedlots, 1960"s and 70"s feeding industry shifted to high plains, 1980"s moved slightly north and east. Feedlot management: big business- profit s goal, two types: custom & commercial, custom feedlot- feed someone else"s animals (really selling feed, commercial-feedlot owns the animals ** can have a mixture of the two types, risk is high 1. Equipment & people problems: feedlot costs : 1. Large amount of capital 2 price of feeder animal & cost of grain feeder animal: selling price, commission, trucking, death loss, heifer cheaper than steer-pregnant, lower selling price.
