An Arizona/Utah Lease Land Risk Simulation Scenario
The John Q. Public Ranch is a cow/calf/hay operation near the Arizona/Utah border. It is December 1st and they have 650 head of cows that have been preg checked and are assumed to be pregnant. The cows run predominantly on public grazing land. Calves are expected to be born in March then weaned and sold in October. This past year, they have decided to retain ownership of 150 head of steer calves and place them in a custom background feeding operation until April. They also grow 50 acres of irrigated hay each year and last year's production is currently in inventory.