Difference between revisions of "Cowtrade"
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| − | + | ==Summary== | |
| + | 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. | ||
| − | The Cowtrade 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.'' |
| − | The | + | *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. | |
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| + | ===Using the Cowtrade program=== | ||
| + | The program is located with the [[https://breedcowdynama.com.au Breedcow and Dynama Software]], within the ''Tools'' tab, which can be accessed after registering or logging in to use the free software. | ||
| + | *A new scenario can be created by clicking the ''Save'' button beside a blank yellow name bar and can be named by typing in the yellow bar. This scenario or previously created scenarios can be edited by clicking the ''Open'' button. | ||
| + | *To open an example scenario click the ''Copy'' button beside the example scenario and it will be copied into your scenario list where it can be opened as your own scenario. | ||
| + | *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. | ||
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| + | [[file:Cowtrade_1.JPG|frame|center|Figure 1 - Cowtrade scenario list]] | ||
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| + | '''''Click on one of the following links to go through an example of using the Cowtrade program.''''' | ||
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| + | ==[[Example one: Purchasing PTIC cows for trading]]== | ||
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| + | ==[[Example two: Assessing a drought feeding option]]== | ||
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| + | ==[[Example three: Wet season trading cows and calves]]== | ||
Latest revision as of 23:46, 17 August 2020
Summary
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 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) do not use data from or directly contribute data to any other Breedcow+ and 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 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 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 page.
Using the Cowtrade program
The program is located with the [Breedcow and Dynama Software], within the Tools tab, which can be accessed after registering or logging in to use the free software.
- A new scenario can be created by clicking the Save button beside a blank yellow name bar and can be named by typing in the yellow bar. This scenario or previously created scenarios can be edited by clicking the Open button.
- To open an example scenario click the Copy button beside the example scenario and it will be copied into your scenario list where it can be opened as your own scenario.
- 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.
Figure 1 - Cowtrade scenario list
Click on one of the following links to go through an example of using the Cowtrade program.