Ol' 243":1nm3tw64 said:
What are the basics of how it works, as far as who's responsible for what, and how money is paid and divided?
kd4au":1nm3tw64 said:
AU73,I live in north Alabama as well do they still have this program?I was planning to put calves in it a couple of years ago and I was to late for that year and haven't tried again.As for the calves that graded select that had some holstein in them,I sold some calves through a coop program a few years back that we got carcass data back from and two of those calves had some holstein in them and they were the only ones that graded select the rest were all choice and most of those calves were Brangus and Charolais.
Yes, as far as I know they will be doing the program again this year. Loads will start shipping in September. The basics are that the producer pays a $75/HD nomination fee to cover trucking, eartags, etc. and the rest of the costs are held by the feedyard and taken out of the final check. There is some interest by doing it that way, but it only comes out to $4-6/HD. Money is paid based on the performance our your individual calves. Costs are broken up on an individual basis as well, with feed cost being the Pen Feed Efficiency X Individual Calf Gain X Feed Cost. It's not exact, but its not bad either.