Only include closeouts in the data set that are complete and include all desired measurements. I would recommend that closeouts be calculated on a pay-weight to pay weight basis, which represents a true reflection of the real economic and cattle performance of the pen. Also include dead weights and realizer weights in the closeouts.
Several closeout programs offer the ability to calculate net energy efficiencies and intake efficiencies for each group of cattle which is calculated by comparing that particular pen of cattle with the NRC equations for the comparable breed, sex and weights of cattle. These efficiency numbers often prove to be valuable parameters to use when evaluating the closeout data. Many feedlots manipulate their closeout data to include full weights or adjust the performance data to “standardized” dressing percentages. This data may look impressive from a performance perspective, but the validity of the data should be questioned from an analytical value. A high-quality closeout/data control program will allow the feedlot to apply quality control and quantitative control of feedstuffs, morbidity, mortality, veterinary supply costs, etc.
Many select suppliers such as implant manufacturers, pharmaceutical companies, veterinarians, feed companies or consulting nutritionists will sort and analyse data for feedlots. This service is a very valuable tool and should be utilized if possible by the feedlot. However, it is important to remember that each particular feedlot’s closeout data is highly confidential. While one can compare implant programs, health programs, etc., it is important to consider with all sorts that the associative effects of any biological system (cattle) may make data interpretation difficult. However, it is easier to sort within each feedlot and compare pens, lots and groups of cattle.
To gain the most information available from records and to make correct management decisions, unique, individual, animal identification is essential. Currently, it is recommended that uniquely numbered ear tags, either plastic or electronic, be given to each animal on feedlot entry to identify each animal individually and to follow its progress through the feeding period and packing plant. Electronic identification is now available and shows great promise to help trace an animal from birth to slaughter and to allow the two-way transfer of important management information. The feedlot manager, consulting veterinarian and nutritionist can use this information to improve production efficiency and lower costs of production.
When facing difficult economic times all aspects of the operation should be evaluated. Sound economic decisions are made based on what we can measure and identify as not profitable. Accurate evaluation of all processes and revaluation of current practices is the way progress can be achieved for an individual feedlot, and because of this, good records are essential to maximizing productivity.