Understanding the cost of developing replacement heifers is crucial for informed decision-making. The most significant factor in heifer development cost is the opportunity cost of forgoing revenue from selling calves at weaning. Each heifer kept for the breeding herd is one less calf to sell in the fall – the cost of the opportunity for fall revenue that’s being given up.
With cattle prices currently at record highs, the opportunity cost is at its peak. Producers should consider the long-term economic implications of raising replacement heifers and remain aware of potential market volatility throughout the heifer’s lifespan.
beef cattle research council replacement heifer calculator
Are you looking for a simple tool to calculate the cost of developing replacement heifers? We’ve got you covered! The new BCRC Replacement Heifer Calculator is a decision-making tool adapted from a calculator originally developed by the Western Beef Development Centre.
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