Friday, February 2, 2024 -- 10:00 AM - 11:00 AM
Weather and Market Risks, Expecting the Unexpected
Sponsored By Zoetis
Ranchers are aware of the immediate economic consequences of drought, such as reduced breeding numbers or lighter weaning weights. However, this discussion delves deeper into the less obvious costs associated with drought. It explores the long-term effects of critical decisions surrounding destocking, grazing management, and supplemental feeding. In addition, it examines those decisions' impacts on body condition scores, the long-term productivity of grasslands, and the fertility and breeding rates of cows. More importantly, it focuses on equipping ranchers with tools and management practices that enable them to plan ahead and better prepare for future drought events. By offering thought-provoking insights, this discussion sheds light on how drops in precipitation translate to dollars lost and provides a framework for quantifying the effects of drought on ranchers’ bottom line.
This session will feature Cadra Krueger, PhD, Alltech Inc. and Ross Bronson, Redd Summitt.