Tag: Canadian Beef Industry Conference

Calculating the true cost of replacement heifers

When penciling out the cost of replacement heifers, it’s easy to think of all of the obvious costs, the cash costs. But Kathy Larson, research economist with the Western Beef Development Centre, encourages producers to consider the opportunity costs of raising animals as well. “Opportunity costs are essentially non-cash costs. The biggest one being the money… Read more »