cow/calf final exam correctly answered to pass 2023
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Course
BQA
Institution
BQA
cow/calf finaleducational activity for cattle producers regarding proper handling, administration of health products, record keeping and feeding that can improve or enhance beef value and quality
describe the BQA program
just calved
fresh cow
about to calve
springer
not preg...
Cow/Calf Final Exam
(T/F) Applicants for a Beginning Farmer Loan cannot have operated a farm or ranch for more than 10 years. - correct answer T
(T/F) The Livestock Indemnity Program provides benefits to producers that had livestock deaths in excess
of normal mortality due to extreme or abnormal damaging weather. - correct answer T
(T/F) A balance scorecard addresses both short- and long-term objectives. - correct answer T
(T/F) Bureau of Land Management leases are transferable with deeded acreage. - correct answer T
What is the maximum total loan amount for a Beginning Farmer Operating Loan? - correct answer $300,000
For each of the liabilities listed below, indicate whether they are current, intermediate, or long term.
-Feeder wagon
-Outstanding fuel bill at the local coop
-Steer calves
-30-year loan for pasture purchase - correct answer Intermediate, current, current, long term
What are 3 key financial statements used to manage finances on a ranch? - correct answer Balance sheet, cash flow, income statement
When valuing assets, what is the difference between cost value and market value? - correct answer Cost value: no inflation, depreciated
Market value: may have significant inflation built in, not affected by depreciation
What are 3 methods that can be used to acquire a ranch property? - correct answer Inherited, marry into, partner What are the 6 recommended perspectives that should be included in a ranch balance scorecard? - correct answer Ranch lifestyle, financial, customer, ag commodities/production, natural resources, learning and growth
What does UCOP stand for and why is it better than cost per cow? - correct answer Unit cost of production - combines cost of production and production level, cost per cow ignores production
(T/F) Mature beef cows should be in a BCS of 5 at calving. - correct answer T
(T/F) Creep feeding may reduce the forage consumed by calves. - correct answer T
(T/F) Developing heifers should be fed to reach 85% of their mature weight at the beginning of the breeding season. - correct answer F (65% or BCS 6)
(T/F) Bulls should be developed to a BCS 6 at the beginning of the breeding season. - correct answer T
(T/F) The feed efficiency of creep feeding with limit-fed soybean meal is better than with an unrestricted corn-based feed. - correct answer T
(T/F) If starch-based energy supplements are going to be used, they should be provided daily to beef cattle grazing poor-quality forages. - correct answer T
(T/F) Protein supplements must be provided daily to beef cattle grazing poor-quality forages - correct answer F
(T/F) Beef cattle consuming poor-quality forages can be fed starch-based energy supplements at up to 0.5% of their body weight without causing negative associative effects. - correct answer F (0.3%)
(T/F) Protein supplementation is most effective when forages are abundant, but they contain less than 7% crude protein. - correct answer T
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