Reading...
Play button
Play button
Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
24 Cards in this Set
- Front
- Back
|
What are the components of POP?
|
Production efficiency, Optimal Health, Product quality
|
|
|
How is production efficiency calculated?
|
output divided by input
|
|
|
3 components of production efficiency
|
Reproductive Rate, Production vs. Costs, Herd additions/removals
|
|
|
Name 3 variable costs of production
|
feed, labor, disease tx
|
|
|
Name 2 fixed costs of production
|
facilities and land
|
|
|
What part of POP are DVMs best at?
|
Optimal health
|
|
|
Define optimum health
|
Hard to define. Cow comfort? Free of CS of dz?
|
|
|
6 components of optimum health
|
Detection of dz (CS and monitoring), Tx of dz, biosecurity, Human-Animal interaction, Housing/Ventilation, Genetic selection
|
|
|
6 diseases with biosecurity concerns
|
TB, Brucella, Johnes, BLV, BVDV-PI, mycoplasma
|
|
|
4 components of product quality
|
Premium vs. commodity, residue avoidance, zoonotic pathogens, antibiotic resistance
|
|
|
Name 5 "premium" forms of product
|
tag programs, choice-select spread, low SCC milk, organic, "No BST" milk
|
|
|
3 zoonotic pathogens
|
E.coli O157:H7, antibiotic resistance, BSE
|
|
|
Explain the Futures Market in simple, straightforward terms
|
Price 2 people agree upon that they will pay for a commodity at a given point in time in the future.
|
|
|
What operations are included in the beef industry?
|
Cow-calf, feedyard, packers
|
|
|
What does SPA stand for?
|
Standardize Performance Analysis
|
|
|
Which part of the beef industry should "invest" in DVM attention/care? Why?
|
Cow-calf producers, because they don't make much money as it is, but can improve output through reproduction, and calf health
|
|
|
How does the beef retain industry compare to the packaged alcohol market?
|
both are about $74B industries
|
|
|
When were the most cattle in the US?
|
1975
|
|
|
What has changed in the beef industry since 1975?
|
number of cattle have decreased, but actual production has increased = more efficient industry: implants/steroids
|
|
|
Which animal is more valuable per hundred weight, a calf or a finished steer?
|
A calf (more $ per pound)
|
|
|
T/F: the selling price = the final price
|
The final price is never the selling price
|
|
|
If a producer pays, say $100 per hundred weight on a calf, what will be the price he sells the finished steer for? (for easy math)
|
$50-$75 / cwt
|
|
|
In what states are the largest cow-calf operations?
|
Florida, Texas, Hawaii, Idaho, Oregon, Utah, Nevada
|
|
|
In what part of the country are cow-calf operations most profitable? Why?
|
Southeast b/c feed is cheaper
|
