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Traditional genetics companies have been caught flat-footed as innovative dairy producers and specialized beef genetics providers capture 75% of the booming beef-on-dairy market. Hosts Bella and Douglas explore this seismic market shift, its economic implications, and how dairy producers can maximize value in this new reality.
· Introduction and episode overview
· The market upheaval traditional companies didn't see coming
· New genetic providers disrupting the marketplace
· Economic impact on traditional genetics companies
· The disconnect between dairy and beef breeding approaches
· Industry initiatives and specialized beef-on-dairy indexes
· Detailed comparisons between dairy and beef carcasses
· Practical application of the five essential questions
· Future outlook for the genetics marketplace
· Winners and losers in the new genetics landscape
· Conclusion and key takeaways
Key Statistics Mentioned:
• Contribution of dairy steers to U.S. fed beef supply increased from 6.9% to 16.3% over two decades
• Traditional genetics companies control only about 25% of the beef-on-dairy market
• Angus dominates beef breeds used in dairy herds at 89%, followed by Limousin (12%), Charolais (7%), and Simmental (4%)
• Dairy steers yield 2-12% less red meat compared to beef steers
• Optimized beef-on-dairy breeding can improve dressing percentage by 2-5% and red meat yield by 3-8%
• 95% of beef-on-dairy crosses reported from 2016-2019 used Angus semen
https://www.thebullvine.com/a-i-industry/genetic-giants-dethroned-how-dairy-farmers-and-beef-upstarts-hijacked-75-of-the-beef-on-dairy-gold-rush/
Traditional genetics companies have been caught flat-footed as innovative dairy producers and specialized beef genetics providers capture 75% of the booming beef-on-dairy market. Hosts Bella and Douglas explore this seismic market shift, its economic implications, and how dairy producers can maximize value in this new reality.
· Introduction and episode overview
· The market upheaval traditional companies didn't see coming
· New genetic providers disrupting the marketplace
· Economic impact on traditional genetics companies
· The disconnect between dairy and beef breeding approaches
· Industry initiatives and specialized beef-on-dairy indexes
· Detailed comparisons between dairy and beef carcasses
· Practical application of the five essential questions
· Future outlook for the genetics marketplace
· Winners and losers in the new genetics landscape
· Conclusion and key takeaways
Key Statistics Mentioned:
• Contribution of dairy steers to U.S. fed beef supply increased from 6.9% to 16.3% over two decades
• Traditional genetics companies control only about 25% of the beef-on-dairy market
• Angus dominates beef breeds used in dairy herds at 89%, followed by Limousin (12%), Charolais (7%), and Simmental (4%)
• Dairy steers yield 2-12% less red meat compared to beef steers
• Optimized beef-on-dairy breeding can improve dressing percentage by 2-5% and red meat yield by 3-8%
• 95% of beef-on-dairy crosses reported from 2016-2019 used Angus semen
https://www.thebullvine.com/a-i-industry/genetic-giants-dethroned-how-dairy-farmers-and-beef-upstarts-hijacked-75-of-the-beef-on-dairy-gold-rush/