Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm and Ranch Programming, Radio Oklahoma Ag Network  |  2401 Exchange Ave, Suite F, Oklahoma City, Ok 73108  |  (405) 601-9211

advertisements
   
   
   
   
   
   
   
   
   

Agricultural News


Angus Dollar Value Index Upgraded to Meet Today's Economic Conditions, Dan Moser Explains

Thu, 30 May 2019 11:00:21 CDT

Angus Dollar Value Index Upgraded to Meet Today's Economic Conditions, Dan Moser Explains


At the end of this month, Angus Genetics will be taking their new and improved dollar index values live. Angus Genetics President Dan Moser says these updated dollar values are going to be invaluable to cattle producers using Angus genetics to enhance their herd.


“Dollar values have been around since 2004 and have served the industry very well,” he said. “But the organization felt it was time to update the dollar values with improved models and better characterize cattle for today’s economic conditions.”


According to Moser, these changes were brought about by the implementation of the 2016 long-range strategic Angus plan. The most notable changes will be found in the $M or maternal index, while other changes will facilitate the phase out of index values found to be obsolete and redundant in some cases. Moser says $QG and $YG will be eliminated as they are directly correlated with EPDs already being offered. In addition, the changes will involve values being rounded up to the nearest whole dollar unit, dropping the nickels and pennies. The final changes will be made about a year from now, in June of 2020, when a Balanced Index (currently under development) will be released.


“The final addition that’s made to Angus dollar values is the construction of a balanced index that combines both maternal and terminal traits together,” Moser explained. “The timeline for that is a little bit longer because we know we need to spend some time and effort on educational programs to get producers up to speed on these values and how to use them.”


Listen to Moser talk more about the changes being made to the dollar value index, with Radio Oklahoma Ag Network Farm Director Ron Hays, on today’s Beef Buzz.


The Beef Buzz is a regular feature heard on radio stations around the region on the Radio Oklahoma Network and is a regular audio feature found on this website as well. Click on the LISTEN BAR below for today's show and check out our archives for older Beef Buzz shows covering the gamut of the beef cattle industry today.



   




   

Listen to Moser talk more about the changes being made to the dollar value index on today's show.
right-click to download mp3

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Scattered Rain Showers This Week and Next Expected to Slow Expanding Flash Drought Across Oklahoma  Thu, 22 Aug 2019 12:16:01 CDT
  • Elanco Announces Agreement to Acquire Bayer’s Animal Health Business  Thu, 22 Aug 2019 11:56:09 CDT
  • American Angus Association Rolls Out New Genomically Enhanced EPD Index Data Set  Thu, 22 Aug 2019 10:49:52 CDT
  • Thursday Preopening Market Update with Dave Lanning  Thu, 22 Aug 2019 07:14:46 CDT
  • Feeder Steers and Heifers Traded 3.00-5.00 Higher on Limited Comparable Sales Wednesday at OKC West  Wed, 21 Aug 2019 16:52:55 CDT
  • Feeder Steers and Heifers Traded 3.00-5.00 Higher on Limited Comparable Sales Wednesday at OKC West  Wed, 21 Aug 2019 16:52:19 CDT
  • Oklahoma Grain Elevator Cash Bids as of 2:00 p.m. Wednesday, August 21, 2019   Wed, 21 Aug 2019 16:24:08 CDT
  • Checking in on the Beef Checkoff - Oklahoma Beef Council Encourages You to Attain Your Official BQA Certification  Wed, 21 Aug 2019 16:20:33 CDT

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit P&K Equipment Tulsa Farm Show AFR Insurance Stillwater Milling KIS FUTURES, INC. Oklahoma Cattlemen's Association

    Search OklahomaFarmReport.com


       
       
    © 2008-2019 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.