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 The Angus Foundation to Fund Genomic Sequencing of Angus Sires

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PatB



Posts : 335
Join date : 2010-09-25
Age : 54
Location : Turner, Maine

PostSubject: The Angus Foundation to Fund Genomic Sequencing of Angus Sires    Wed Sep 26, 2012 7:49 am

I wounder who gets to decide what bulls will get sequenced in each breed?

link to the article

http://www.angus.org/pub/newsroom/releases/92512MUResearchProject.aspx


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EddieM



Posts : 634
Join date : 2010-09-24
Location : South Carolina

PostSubject: Re: The Angus Foundation to Fund Genomic Sequencing of Angus Sires    Wed Sep 26, 2012 10:17 am

I really do not know what all this stuff means but I can only hope that it means that they will identify great and greater bulls quicker. I just cannot wait to be able to buy semen on an Angus bull that is minus birthweight and has a $B of +$200. Then I can be rich from the cattle business.
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PatB



Posts : 335
Join date : 2010-09-25
Age : 54
Location : Turner, Maine

PostSubject: Re: The Angus Foundation to Fund Genomic Sequencing of Angus Sires    Wed Sep 26, 2012 5:31 pm

EddieM wrote:
I really do not know what all this stuff means but I can only hope that it means that they will identify great and greater bulls quicker. I just cannot wait to be able to buy semen on an Angus bull that is minus birthweight and has a $B of +$200. Then I can be rich from the cattle business.

That should be in a couple of years depending on the assumptions (fudge factors) that go into $b.
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MKeeney
Admin


Posts : 3816
Join date : 2010-09-21

PostSubject: Re: The Angus Foundation to Fund Genomic Sequencing of Angus Sires    Wed Sep 26, 2012 6:38 pm

PatB wrote:
EddieM wrote:
I really do not know what all this stuff means but I can only hope that it means that they will identify great and greater bulls quicker. I just cannot wait to be able to buy semen on an Angus bull that is minus birthweight and has a $B of +$200. Then I can be rich from the cattle business.

That should be in a couple of years depending on the assumptions (fudge factors) that go into $b.
how can an animal be plus on $B when each pound of gain cost more to produce than it is worth as beef?


750 # Feeder Steer

1,087.50

145.00



Cost of Gain 500 pounds

635.55

1.27



Estimated Interest(Prime + 1%)

28.69





Current Breakeven

1,745.47

139.64



Current Futures

1,657.88

132.63



Net Profit / Loss

-87.59

-7.01
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Guest
Guest



PostSubject: Re: The Angus Foundation to Fund Genomic Sequencing of Angus Sires    Wed Sep 26, 2012 6:54 pm

Somebody sells because they think the price will go lower. Someone buys them because they think the price will get higher. Knowing the cost of gain means a heck of a lot more than pie in the sky indexes. Feed prices change every day, as do cattle prices, and all gravitate to break even which is the definition of a commodity. Of course registered cattle aren't a commodity until they are.



Bootheel, not a commodity
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PatB



Posts : 335
Join date : 2010-09-25
Age : 54
Location : Turner, Maine

PostSubject: Re: The Angus Foundation to Fund Genomic Sequencing of Angus Sires    Wed Sep 26, 2012 7:26 pm

MKeeney wrote:
PatB wrote:
EddieM wrote:
I really do not know what all this stuff means but I can only hope that it means that they will identify great and greater bulls quicker. I just cannot wait to be able to buy semen on an Angus bull that is minus birthweight and has a $B of +$200. Then I can be rich from the cattle business.

That should be in a couple of years depending on the assumptions (fudge factors) that go into $b.
how can an animal be plus on $B when each pound of gain cost more to produce than it is worth as beef?


750 # Feeder Steer

1,087.50

145.00



Cost of Gain 500 pounds

635.55

1.27



Estimated Interest(Prime + 1%)

28.69





Current Breakeven

1,745.47

139.64



Current Futures

1,657.88

132.63



Net Profit / Loss

-87.59

-7.01

What is the Saying "garbage in Garbage out" Add in a few assumptions based on ???? and you have a meaningless index.
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Kent Powell



Posts : 443
Join date : 2010-09-24
Location : SW Kansas

PostSubject: Re: The Angus Foundation to Fund Genomic Sequencing of Angus Sires    Wed Sep 26, 2012 8:39 pm

The last Angus event I attended the question was asked what cattle a big feeder/grid marketer prefered, He answered Charolais sired out of Angus cows. When asked what cattle are the most profitable, he said cheap southern calves with a little ear. We can have preferances IF we know the difference. Raise premium, buy discount and improve their health and condition.
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http://powellangus.com
Bob H



Posts : 290
Join date : 2011-02-17
Location : SW Idaho

PostSubject: Re: The Angus Foundation to Fund Genomic Sequencing of Angus Sires    Wed Sep 26, 2012 9:02 pm

It is pretty simple 1 +1 equals 2 not 1.5 if your calculator does not do this stay at home. At some times in the cattle finishing bussiness calcualtor will all have a y2k problem wait for the new shipment of calculators before purchcasing your self a loss. Just some thoughts on a risky bussiness Bob h
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jonken



Posts : 112
Join date : 2011-12-17
Location : nemo

PostSubject: Re: The Angus Foundation to Fund Genomic Sequencing of Angus Sires    Wed Sep 26, 2012 10:06 pm

Of course registered cattle aren't a commodity until they are.


Make room Larkota , Bootheel likes using spray paint when he submits wallhangers . Jon



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Guest



PostSubject: Re: The Angus Foundation to Fund Genomic Sequencing of Angus Sires    Wed Sep 26, 2012 10:12 pm

Bob H wrote:
It is pretty simple 1 +1 equals 2 not 1.5 if your calculator does not do this stay at home. At some times in the cattle finishing bussiness calcualtor will all have a y2k problem wait for the new shipment of calculators before purchcasing your self a loss. Just some thoughts on a risky bussiness Bob h

There are woinner's and there are loser's. And there will always be more loser's than winner's.
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Bob H



Posts : 290
Join date : 2011-02-17
Location : SW Idaho

PostSubject: Re: The Angus Foundation to Fund Genomic Sequencing of Angus Sires    Wed Sep 26, 2012 10:36 pm

It appears to me that you have to win 51% of the time in order to stay in the game if you are playing with your own money, just some thoughts Bob h
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PostSubject: Re: The Angus Foundation to Fund Genomic Sequencing of Angus Sires    Wed Sep 26, 2012 10:41 pm

Yes at least 51% annd that takes alot of work and very little luck.
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