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Wednesday, October 23, 2024
果冻直播Industry NewsGenetic Merit Pricing Task Force Pursues Genetic Discovery Project with Commercial Producers

Genetic Merit Pricing Task Force Pursues Genetic Discovery Project with Commercial Producers

DENVER 鈥 The Genetic Merit Pricing Task Force held its third meeting May 7-8 in Denver. Since convening in late 2023, the industry-based group has been working to help the cattle industry transition toward widespread use of genetic information in pricing feeder cattle and calves. More than 95% of U.S. feeder cattle change ownership without the benefit of shared genetic information. Therefore, objectively determined genetic information plays no meaningful role in the value-discovery process in today鈥檚 feeder market.

Task force members recognize that, to get the ball rolling, more commercial producers must obtain and communicate genetic information on their feeder cattle and calves at the time they offer their animals for sale. If producers do not have this information, they obviously can’t share it with prospective buyers. However, as a greater number of producers begin including genetic information in the description of the cattle they are selling, buyers will become accustomed to using this data as they formulate their bids.

To help move producers in this direction, the task force voted unanimously to create a Genetic Discovery Pilot Project focusing initially on 100 commercial cow-calf producers. Supporting breed associations were directed to voluntarily enlist five to 10 of their association members (seedstock breeders) that are progressive-minded and committed to genetic improvement.

Association personnel will work with each of their selected seedstock members to identify two to three bull customers that are interested in learning about the genetics in their own herds. Once commercial producers are identified, association personnel will assist the participating seedstock breeder and their bull customer in obtaining the registration numbers and average EPD ranks on bulls that sired their 2024 calf crop. By the end of this discussion, participating producers will have a better understanding of the genetic merit of their calves. The goal is to have at least half of these genetic-discovery evaluations completed by the next Genetic Merit Pricing Task Force meeting in September 2024.

Lance W. Bauer, Ph.D., director of breed improvement, Beefmaster Breeders United said, 鈥淭he third meeting of the GMP task force was productive, after great presentations and breakout sessions discussing tools for identifying genetic merit, the task force voted to ask supporting breed associations to reach out and help educate commercial producers on the genetic merit of their current bull battery and discuss how they can use such data to help market calves.鈥

“It is great to see such a diverse group come together and openly discuss the issues of value discovery in cattle based on their genetic merit,鈥 added Chris McClure, executive director, Santa Gertrudis Breeders International. 鈥淲hen you have every segment of the industry 鈥 from seedstock to packer 鈥 represented in the same room, discussing the challenges of appropriately valuing cattle based on their genetic potential, it is unprecedented.聽Now that we are moving into establishing concrete goals and methodology for more accurately conveying the potential performance metrics of feeder cattle to interested buyers, we can advance the industry by leaps and bounds over traditional methods of price discovery.聽It is exciting to see what is happening.”

The next meeting of the Genetic Merit Pricing Task Force will be held in Kansas City on September 17-18.

Appendix 1: Task Force Participants

路聽聽聽聽聽聽James Barrett, Texas

路聽聽聽聽聽聽Dave Daley, California

路聽聽聽聽聽聽Dave Delaney, Texas

路聽聽聽聽聽聽John Grande, Montana

路聽聽聽聽聽聽Rob Gill, Oregon

路聽聽聽聽聽聽Randy Heflin, Kansas

路聽聽聽聽聽聽Scott Howard, Ph.D., Colorado

路聽聽聽聽聽聽Danny Herrman, Kansas

路聽聽聽聽聽聽Sam Hands, Kansas

路聽聽聽聽聽聽Jennifer Houston, Tennessee

路聽聽聽聽聽聽George Kempfer, Florida

路聽聽聽聽聽聽Larry Kuehn, Ph.D., Nebraska

路聽聽聽聽聽聽Dennis Metzger, Nebraska

路聽聽聽聽聽聽Grant Morgan, Kansas

路聽聽聽聽聽聽Kevin Miller, Colorado

路聽聽聽聽聽聽Mark Nelson, Nebraska

路聽聽聽聽聽聽John Nalivka, Oregon

路聽聽聽聽聽聽Austin Paul, Kentucky

路聽聽聽聽聽聽Trey Patterson, Wyoming

路聽聽聽聽聽聽Jake Parnell, California

路聽聽聽聽聽聽Dustin Puhrmann, Iowa

路聽聽聽聽聽聽Darrell Peel, Ph.D., Oklahoma

路聽聽聽聽聽聽Ryan Rice, Kansas

路聽聽聽聽聽聽Don Schiefelbein, Minnesota

路聽聽聽聽聽聽Wade Small, Idaho

路聽聽聽聽聽聽Nolan Stone, Colorado

路聽聽聽聽聽聽Matt Spangler, Ph.D., Nebraska

路聽聽聽聽聽聽Jason Timmerman, Nebraska

路聽聽聽聽聽聽Brent Thiel, South Dakota

路聽聽聽聽聽聽David Trowbridge, Iowa

路聽聽聽聽聽聽Will Townsend, Montana

路聽聽聽聽聽聽Craig Uden, Nebraska

路聽聽聽聽聽聽Janie VanWinkle, Colorado

Appendix 2: Task Force Supporting Organizations

Funding Partners

路聽聽果冻直播 Hereford Association

路聽聽果冻直播 International Charolais Association

路聽聽Santa Gertrudis Breeders International

路聽聽International Brangus Breeders Association

路聽聽Allied Genetic Resources/All Beef LLC

路聽聽果冻直播 Simmental Association

路聽聽Neogen Corporation

路聽聽Beefmaster Breeders United

路聽聽Red Angus Association of America

Other On-Record Supporters

路聽聽聽聽聽聽果冻直播 Gelbvieh Association

路聽聽聽聽聽聽Colorado Cattlemen’s Association

路聽聽聽聽聽聽Livestock Marketing Association

路聽聽聽聽聽聽North 果冻直播 Limousin Foundation

路聽聽聽聽聽聽North 果冻直播 Piedmontese Association

路聽聽聽聽聽聽果冻直播 Shorthorn Association

路聽聽聽聽聽聽果冻直播 Brahman Breeders Association

路聽聽聽聽聽聽Florida Cattlemen’s Association

路聽聽聽聽聽聽Idaho Cattle Association

路聽聽聽聽聽聽Alabama Cattlemen鈥檚 Association

路聽聽聽聽聽聽Kentucky Cattlemen鈥檚 Association

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