Alternatives for Cattle During Drought: Moving Cattle Off the Ranch

Abstract

Moving cattle off the ranch is a possible alternative to holding and feeding or selling on a distressed market. The process of evaluating these alternatives are the same as evaluating whether to purchase feed or sell the cattle. In order to evaluate this alternative, determine the costs of holding the cattle on the ranch and purchasing feed. If moving the cattle to a lease or a confinement program is less costly, then this may be the option to select. Remember that your financial interests are being trusted to another individual if you move cattle away from the ranch. Be sure your interests will be cared for properly at a reasonable cost