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Topic: Feedlot nutrition Assume you have cattle or sheep (pick one) and there is a drought. You have decided to keep your stock instead of selling them at a loss. Instead of buying hay and hoping for rain you have decided to invest in a feed mixer and will buy ingredients and formulate your own feed and develop a feed lot. Discuss nutrition (including nutrient requirements, feed management and formulation) and the economics of your new enterprise....

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Question Preview:

Topic: Feedlot nutrition Assume you have cattle or sheep (pick one) and there is a drought. You have decided to keep your stock instead of selling them at a loss. Instead of buying hay and hoping for rain you have decided to invest in a feed mixer and will buy ingredients and formulate your own feed and develop a feed lot. Discuss nutrition (including nutrient requirements, feed management and formulation) and the economics of your new enterprise.

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During last few decades a remarkable change has taken place with regard to feed management practices of animals as a by-product of rapid technological advancement and urbanisation. Increased agriculture facilities and feed management practices have enabled famers and commercial enterprises to feed a large number of animals in a confined area. The issue of overfeeding or underfeeding is a major concern for feed producer around the world (Hristov, McAllister and Cheng. 2000). This is because; many of the recent studies have suggested that imbalance of nutrition in diet of animals may lead to overfeed nutrients such as phosphorus (P) and potassium (K). In this regard, it is important to minimize the content of such overfeeding while reducing the overall wastage of cattle food.  

In the context of above issues and concerns of cattle feed management and feed formulation this paper aims at presenting a detailed plan, which would be taken into account for operationalising economics of a new enterprise (McCleary, 2001). In the context of this business plan, it is important to understand that feed management for cattle is a complex issue due to involvement of a number of factors including nutrient facts, waste management, containing overfeeding, intellectual property rights (IPRs) and so on. This paper tends to examine the relevance of a few of such curial factors in order to maximize the chances of success for new enterprise.

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