Profit Calculator TM seeks to minimize such risk.
Using the IGS Feeder Profit Calculator, cattlemen are able to provide sire information, regardless of breed, as well as preconditioning, weaning and health data in exchange for a Total Relative
Value that compares the profit potential of their calves to the industry at large. That value, indicated on a formal certificate, can be used for producer benchmarking and buyer insight.
options,” Berry says. “If he can recapture from that purchase price, he can recapture a profit on his side. Whether those are export verification programs or cattle that simply grow and grade
better in the feedyard on his side of the business.”
“Producers get paid to have better cattle. It’s common to see spreads of $20-$40 at market from additional information and value-added programs,” Berry says. At present, he adds, there’s no
“As we move forward, the genetic key in that is becoming more and more prominent for producers who are wanting to sell at the top of the market,” he says. “Being able to verify those
genetics and have a record of those genetics is the key difference.”
the road at harvest.
“In our format, they might buy a calf in July, that ships to them in October, that doesn't die until April of the next year. There's a lot of time frame between the day that he made the decision to
do the bid price, and the day that he recaptures his monetary value,” Berry notes.
your cattle on the market,” he says.
The IGS Feeder Profit Calculator is offered to all cattle producers at no cost, and is available for mobile use through the App Store.
Commercial producers wanting to learn more can visit internationalgeneticsolutions.com.