Shopping for cattle feed may not be as newsworthy as Black Friday or Cyber Monday, but a little shopping can result in a feed cost reduction and more dollars in a cattle producer's hand next spring.
That is why Eldon Cole, a livestock specialist with University of Missouri Extension, says now is the best feed shopping time for beef producers.
"The dry summer has shortened the forage supply and in all likelihood has altered the quality of hay and silage. Since the old standby, stockpiled fescue, is not as plentiful, more concentrated feeds either in bag, bulk or other forms will be relied on by area producers," said Cole.
By-product feeds, such as corn gluten feed, dried distillers grains with solubles and soybean hulls, are becoming more popular and are available.
A good place to locate sources of these supplements is the University of Missouri Extension By-Product Feed list service at http://bit.ly/supplementsource. Another list at http://bit.ly/supplementvalues compares the value of the supplements based on current cracked corn, soybean meal, limestone and dicalcium phosphate prices.
"This allows a producer to look at the relative prices of distillers grains and corn gluten feed (for example) and see which one is the best buy," said Cole. "The prices and availability are updated each week."
Farmers, especially those who have off-farm employment or have cattle scattered several miles apart, should factor in convenience when prices are compared. Pellets or cubes are popular since an investment in feed bunks isn't necessary.
Feeds in meal form, like dried distillers grain, can be fed on the ground in small piles, but research from the University of Nebraska shows around 35 to 40 percent waste compared to bunk feeding.
"High-quality, by-product feeds reduce daily forage needs and allow steers, heifers and cow-calf pairs to make satisfactory gains and produce their normal milk supply in case they are lactating females. A rule of thumb is one pound of feed like dried distillers grains can replace two pounds of roughage," said Cole.
A drawback with the feed list is the prices are on a trailer load basis. Most cow herds in the region have 50 cows or fewer. A trailer load is more than a producer that size would feed in a year's time.
However, a number of feed stores now provide small bulk quantities of the various by-products. Some will blend varying amounts of salt with a palatable feed so it may be self-fed. Adding an ionophore may also be possible, which should improve feed savings.
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