Cowtrade - Revision history

Daisy at 23:46, 17 August 2020

2020-08-17T23:46:32Z

Daisy at 23:45, 17 August 2020

2020-08-17T23:45:55Z

Daisy at 23:42, 17 August 2020

2020-08-17T23:42:13Z

Daisy at 23:36, 17 August 2020

2020-08-17T23:36:39Z

Daisy: /* Using the Cowtrade program */

2020-08-17T04:55:58Z

Using the Cowtrade program

Daisy: /* Example one: Purchasing PTIC cows for trading */

2020-08-17T04:13:26Z

Example one: Purchasing PTIC cows for trading

Daisy: /* Using the Cowtrade program */

2020-08-17T04:13:04Z

Using the Cowtrade program

Daisy: /* Example one: Purchasing PTIC cows for trading */

2020-08-17T04:12:28Z

Example one: Purchasing PTIC cows for trading

Daisy: /* Example one: Purchasing PTIC cows for trading */

2020-08-17T04:11:00Z

Example one: Purchasing PTIC cows for trading

Daisy at 04:10, 17 August 2020

2020-08-17T04:10:15Z

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 [[file:Cowtrade_1.JPG|frame|center|Figure 1 - Cowtrade scenario list]]
 ''Click on one of the following links to go through an example of using the Cowtrade program.''
 ==[[Example one: Purchasing PTIC cows for trading]]==

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 [[file:Cowtrade_1.JPG|frame|center|Figure 1 - Cowtrade scenario list]]
 ==[[Example one: Purchasing PTIC cows for trading]]==
 ==[[Example two: Assessing a drought feeding option]]==
 ==[[Example three: Wet season trading cows and calves]]==

@@ Line 20: / Line 20: @@
 [[file:Cowtrade_1.JPG|frame|center|Figure 1 - Cowtrade scenario list]]
-==Example one: Purchasing PTIC cows for trading==
+==[[Example one: Purchasing PTIC cows for trading]]==
 Copy the example scenario (''Purchase of PTIC cows for trading'') from the examples list and open the scenario, this will illustrate how the program may be used in the following example.
@@ Line 56: / Line 56: @@
 [[file:Cowtrade5.JPG|center|frame|Figure 5 - Price sensitivity tables]]
-==Example two: Assessing a drought feeding option==
+==[[Example two: Assessing a drought feeding option]]==
 Copy the example scenario (''Cowtrade drought feeding cows and calves'') from the examples list and open the scenario, this will illustrate how the program may be used in example two.
-==Example three: Wet season trading cows and calves==
+==[[Example three: Wet season trading cows and calves]]==
 Copy the example scenario (''Wet season trading cows and calves'') from the examples list and open the scenario, this will illustrate how the program may be used in example three.

← Older revision		Revision as of 23:36, 17 August 2020
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	Copy the example scenario (''Cowtrade drought feeding cows and calves'') from the examples list and open the scenario, this will illustrate how the program may be used in example two.		Copy the example scenario (''Cowtrade drought feeding cows and calves'') from the examples list and open the scenario, this will illustrate how the program may be used in example two.
		+
		+
		+	==Example three: Wet season trading cows and calves==
		+
		+	Copy the example scenario (''Wet season trading cows and calves'') from the examples list and open the scenario, this will illustrate how the program may be used in example three.

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 *A scenario can be shared with another user by clicking the ''Share'' button then entering in the email address for the user you wish to share it with. Note that this must be the email they have used to register their account with at https://breedcowdynama.com.au the shared scenario will appear in their scenarios list for the relevant program.
-[[file:Cowtrade1.JPG|frame|center|Figure 1 - Cowtrade scenario list]]
+[[file:Cowtrade_1.JPG|frame|center|Figure 1 - Cowtrade scenario list]]
 ==Example one: Purchasing PTIC cows for trading==

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-The results of the analysis can be further tested for their sensitivity to sale price increments in the section at the very bottom of the web page, below the [[Cowtrade_calculators|calculators]] section. See Figure 5 for sensitivity tables. In the table it can be seen that small variation in the sale price of either breeder or progeny can significantly impact returns from the venture.
+The results of the analysis can be further tested for their sensitivity to sale price increments in the section at the very bottom of the web page, below the calculators section. See Figure 5 for sensitivity tables. In the table it can be seen that small variation in the sale price of either breeder or progeny can significantly impact returns from the venture.
 [[file:Cowtrade5.JPG|center|frame|Figure 5 - Price sensitivity tables]]

← Older revision		Revision as of 04:13, 17 August 2020
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	[[file:Cowtrade1.JPG\|frame\|center\|Figure 1 - Cowtrade scenario list]]		[[file:Cowtrade1.JPG\|frame\|center\|Figure 1 - Cowtrade scenario list]]
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−

	==Example one: Purchasing PTIC cows for trading==		==Example one: Purchasing PTIC cows for trading==

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 #Begin by entering the ''Start date for the analysis'' (usually the date the stock are purchased), ''Expected calving date'', expected future ''Sale date for adults'', ''Sale date for progeny'', ''Weight of breeders at start and sale'', ''Weight of progeny at 5 months and sale''. Sale can be either a normal sale, or a transfer at valuation of weaner or breeder back into the herd. These dates and weights are used mainly to calculate adult equivalents.
-#When entering the ''Starting value/head of group'' for purchased cattle this should be their landed value. For a destocking analysis assessing breeders already in the herd, the net value that would be achieved if that animal were to be sold should be used, there are [[Cowtrade_calculators|calculators]] in the Cowtrade program which will help the user calculate these values, they are located below the scenario summaries in the web page.
+#When entering the ''Starting value/head of group'' for purchased cattle this should be their landed value. For a destocking analysis assessing breeders already in the herd, the net value that would be achieved if that animal were to be sold should be used, there are calculators in the Cowtrade program which will help the user calculate these values, they are located below the scenario summaries in the web page.
 #''Sale values'' may be entered as per head net values, or may be calculated from weights, price per kilogram and selling and transport costs using the calculators at the bottom of the web page. Explanation and examples for the use of the calculators can be found in the [[Cowtrade_calculators|Cowtrade calculators page]].
 #Enter the ''Interest rate for Gross Margin after interest'', this should be viewed as the opportunity cost, especially if using business funds rather than borrowed funds.

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 ''Note: The yellow cells are for inputs and can be adjusted, while the rest are calculated outputs.''
-The Cowtrade program allows for the input of ''Standard weight of one Adult Equivalent'' and ''Extra Adult Equivalents for cow weaning a calf'', the default values being 455kg and 0.35 respectively, see figure 2. One [[Adult_Equivalent|Adult Equivalent]] is a non-lactating animal of average 455kg liveweight carried for a year. It is generally unnecessary to change these values unless the user is using a different Adult Equivalent convention for comparing grazing pressure and they wish to tailor it to their requirements. If the analysis period is less than the duration of pregnancy plus five months, a proportional value for the adult equivalent rating of the calf is calculated.
+The Cowtrade program allows for the input of ''Standard weight of one Adult Equivalent'' and ''Extra Adult Equivalents for cow weaning a calf'', the default values being 455kg and 0.35 respectively, see figure 2. One [[Adult_equivalent|Adult Equivalent]] is a non-lactating animal of average 455kg liveweight carried for a year. It is generally unnecessary to change these values unless the user is using a different Adult Equivalent convention for comparing grazing pressure and they wish to tailor it to their requirements. If the analysis period is less than the duration of pregnancy plus five months, a proportional value for the adult equivalent rating of the calf is calculated.
 [[file:Cowtrade2.JPG|center|frame|Figure 2 - Adult equivalent inputs]]
@@ Line 57: / Line 57: @@
 [[file:Cowtrade5.JPG|center|frame|Figure 5 - Price sensitivity tables]]
 ==Example two: Assessing a drought feeding option==
 Copy the example scenario (''Cowtrade drought feeding cows and calves'') from the examples list and open the scenario, this will illustrate how the program may be used in example two.

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 The [[Cowtrade]] program is used to calculate the prospective profitability of breeder groups (i.e. some of them will no yet have or already have calves) while the [[Bullocks|Bullocks]] program is used to calculate the prospective profitability for groups of steers and empty cows or heifers. The Cowtrade and [[Bullocks]] programs can also assist with decisions where sales are forced by drought or a variety of other circumstances. It is usual to limit a cow trade or bullocks analysis to the short term, usually for a period up to 12 months.
-''Note: The Cowtrade program (and its companion program [[Bullocks|Bullocks]]) do not use data from or directly contribute data to any other [[Breedcow+|Breedcow+]] and [[Dynama+|Dynama+]] program.''
+''Note: The Cowtrade program (and its companion program Bullocks) do not use data from or directly contribute data to any other [[Breedcow+|Breedcow+]] and [[Dynama+|Dynama+]] program.''
-*When buying cattle to fatten or grow out, it is logical that the most profitable options are the ones to choose. The profitability criterion for choosing between fattening or growing opportunities is nearly always the [[Gross_margin|gross margin]] per adult equivalent '''''after interest'''''. If finance is tight to the degree that the feed cannot be completely stocked, then the gross margin '''''expressed as a percent of herd and expenses capital''''' is a more satisfactory criterion. The [[Cowtrade]] and [[Bullocks]] programs calculate both these measures of profitability.
+*When buying cattle to fatten or grow out, it is logical that the most profitable options are the ones to choose. The profitability criterion for choosing between fattening or growing opportunities is nearly always the [[Gross_margin|gross margin]] per adult equivalent '''''after interest'''''. If finance is tight to the degree that the feed cannot be completely stocked, then the gross margin '''''expressed as a percent of herd and expenses capital''''' is a more satisfactory criterion. The Cowtrade and Bullocks programs calculate both these measures of profitability.
 *If selling stock to reduce grazing pressure or to relieve financial pressure, the object should be to achieve the grazing or financial objective with '''''least damage''''' to future income. If the issue is grazing pressure, sell first those groups with the lowest gross margin per [[Adult equivalent|adult equivalent]] after interest. If the issue is financial, sell first those groups with the lowest percent return on livestock and expenses capital.
-*For explanation of the additional calculators within [[Cowtrade]] go to the [[Cowtrade_calculators|Cowtrade calculators]] page.
+*For explanation of the additional calculators within Cowtrade go to the [[Cowtrade_calculators|Cowtrade calculators]] page.
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