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The difference between the selling price for live cattle and the costs of purchasing feeder cattle and feed (usually assumed to be corn, regardless of actual mix of feed used) is referred to as livestock gross margin (LGM), feeding margin, or cattle crush (as opposed to production margin, which also includes other production costs). [21]
At the onset of an assignment, an appraiser is obligated to gather certain specified preliminary data about the project, such as the nature of the property to be appraised, the basis of value (e.g. market, investment, impaired, unimpaired), the interests appraised (e.g. fee, partial), important assumptions or hypothetical conditions, and the ...
In some regions, a distinction between stockers and feeders (by those names) is the distinction of backgrounding versus immediate sale to a finisher. A castrated male is called a steer in the United States. Older steers are sometimes called bullocks in other parts of the world, [6] but in North America this term refers only to a young bull ...
Usually, the real estate appraiser has the opportunity to reach 3 levels of certification: Appraisal Trainee, Licensed Appraiser and Certified Appraiser. The second and third levels of license require no less than 2000 experience hours in 12 months and 2500 experience hours in no less than 24 months respectively.
Cattle have some 22,000 genes, of which 80% are shared with humans; they have about 1000 genes that they share with dogs and rodents, but not with humans. Using this bovine "HapMap", researchers can track the differences between breeds that affect meat and milk yields. [65]
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Since cattle are herbivores and need roughage in their diet, silage, hay and/or haylage are all viable feed options. [14] Despite this, 3/4th of the 32 pounds (14.52 kg) of feed cattle consume each day will be corn. [15] Cattle weighing 1000 lbs. will drink an average of 41 L a day, and approximately 82 L in hot weather. [16]
The Board is responsible for adjusting and equalizing the valuation of real and personal property of the several counties of Oklahoma. Board is also responsible for providing an estimate of all revenue that will be available for appropriation by the Oklahoma Legislature for the coming fiscal year .