The Nebraska Extension will host the “Calculating Annual Cow Costs Webinar Series” in January and February. Knowing annual cow costs is the foundation for evaluating and making management decisions that can improve profitability for a cow-calf enterprise. Input costs are challenging for producers to examine and identify where there may be opportunities to adjust the production system. Calculating costs and breaking them into categories gives an understanding of where there may be an opportunity to make changes.
The webinar series will be held from 7:30 to 9 p.m. (CST) on January 29, February 2, and 5.
Topics to be covered will include:
- Understanding economic unit cost of production for the cow-calf enterprise.
- Recognizing the value and cost of both grazed and harvested feed.
- Calculating cow depreciation and replacement development costs.
- Figuring the cost of equipment and labor utilized in the cow-calf enterprise.
- Examining breeding expenses and evaluating the value and cost relationship.
- Reviewing benchmark cost and production data to see how you compare.
The webinar series is $70 per person and includes a resource workbook. The course will be limited to 40 participants. To register, go to https://go.unl.edu/cow_costs. Registration is requested by January 19 to ensure the meeting material has time to be mailed to participants.
A computer and internet connection are required to participate in the webinar series.
For more information, contact Aaron Berger, Nebraska Extension Educator at 308-235-3122 or aberger2@unl.edu.
