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Farm Property Valuation in New York State

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Abstract

With slaughter beef prices expected to remain strong for the next several years, and perhaps beyond, dairymen who are exploring expansion possibilities may want to consider feeding dairy steers. Slaughter cows normally used for ground beef have been in short supply. With our current position in the cattle cycle and with a continued high demand for ground beef, an upward pressure is expected to continue on the prices of lean beef. Fast-food franchises have found Holstein beef very desirable for their purposes. With the new grading standards, Holstein steers will grade choice as readily as traditional beef breeds. The strong slaughter beef market combined with production advantages of dairy steers makes raising bob calves an attractive means for some dairymen to increase business size.

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A.E. Ext. 80-5

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1980-03

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Charles H. Dyson School of Applied Economics and Management, Cornell University

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