What do increased grain prices mean for backgrounders?

Source: https://purduephil.wordpress.com/2021/02/24/what-do-increased-grain-prices-mean-for-backgrounders/

What do increased grain prices mean for backgrounders?

Jeff Lehmkuhler

Beef Magazine

Backgrounding and stocker enterprises are tight-margin industries.  This time of year, we receive several questions regarding supplementing cows and calves. Often, I must ask what feeds are available and what prices are as this is rarely included in the original request.

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When getting into livestock farming there are a great number of things to consider before you hop into production. There are different kinds of livestock you can keep, which are chickens, rabbits, cattle, ducks, lamb, goats, pigs or mounts, and are all cared for in different ways.

To become successful in animal farming you need to know your options, goals and resources. Understanding what you want to accomplish will help you in shaping up your farm so that it can be successful.

– Your Goals

So why do you want to get into livestock farming? It’s very essential that you identify and evaluate what your goals are.

Do you want to raise livestock because you want to provide your family with healthy food? You may just want to raise livestock to manage forage? Or perhaps you want to produce your own livestock products and sell them for extra money? Either way placing goals is incredibly important before you pursue your dream.

After you have made your decision on what type of livestock you want to raise, consider the land in which you are going to farm the livestock. Consider the size of your land, the laws regarding keeping livestock and property zoning. If your land is not that large you may consider raising birds but if you have large land you can raise, cattle, lamb and other large livestock.

You should also determine the sort of procedure you desire. If you want to farm cows determine if you need to raise cows for meat or cows for milk or if you need to raise laying chickens and meat chickens. For milk creation you can choose between goat milk, sheep milk or cow milk. You can just raise all of them.

The type of breed is also important so make certain you get knowledge of the several types of livestock. For example if you wish to raise meat cows that graze on pasture the cows that strives well on pasture is the Belted Galloway. This goes for the other livestock, certain breeds will produce better than other breeds.

– Your Resources

Do you have enough resources to get started on your project? Will you have enough finances to invest in livestock farming? Do you have the equipment and facilities? Setting up livestock requires that you have enough resources and are prepared to spend some money.

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