Episode 103 - How Much Should You Pay for a Replacement Heifer?

Ryan Loy is joined by James Mitchell, Associate Professor and Fryar Price Risk Management Center Associate Director at the University of Arkansas, to dig into the new Beef Cow and Heifer Investment Analysis tool. With cattle prices at historical highs, this free online dashboard lets producers plug in their own numbers to compare buying a bred heifer against raising one of their own, returning net present value, breakeven price, and payback period in real time. James and Ryan explain how the tool treats a cow as a long-term investment and why the opportunity cost of holding a heifer calf back matters at today's prices.