Proper bull selection can increase return on investment
The past few years have seen a dramatic downturn in calf prices from historic highs to the lowest prices in four or five years. Unfortunately, some input prices are slow to come down while other inputs still remain high; thus causing a strain on budgets. This has greatly reduced the net profit of most cattle raisers. There is a desire and justifiable need by producers to reduce costs proportionally with the reduced calf prices to remain economically viable in the next few years until prices improve again.