Feeding Ventures
Texas Beef has relationships with suppliers of cattle to our feedyards that are formed over decades and are the foundation of our business. The objectives of the suppliers may differ from group to group of cattle and we are always prepared to custom design a program to fit your needs. This means a supplier may benefit from a meaningful arrangement with the feedyard to finish and market the cattle and share in the profits or losses. These arrangements will provide financing and complete record keeping of all relevant data. The entire data of each group is available from your tablet, smart phone or PC allowing real time data of each lot of cattle.
Feeding ventures provide not only the best data analysis in the industry but competitive financing terms. Texas Beef also allows the participant an opportunity to join our special marketing program with our processing partner. Our goal is to extend our marketing plans to retail partners who will be able to view our production effort by scanning a simple bar code on each cut in the store. These partners will benefit from the consistency of our product and the improved cutability. If you are interested in this program or more information the contact us at 806.372.3877 or teel@tbp.com.
Grazing Ventures
Texas Beef recognizes the importance of forming alliances and partnership with farmers and ranchers in our trade area. Any valuable partnership builds on the strengths of each partner in balancing and benefiting the partnership. These relationships provide the foundation for business arrangements that typically allow both parties to improve livestock productions and financial performance. A typical arrangement with Texas Beef might provide for Texas Beef to provide the cattle for the pasture operator.
These high performance cattle will provide grazing income to the pasture operator as well as affording an opportunity to participate in the profits of the cattle venture. Texas Beef will finance the operation at competitive interest rates and provide support in critical areas such as animal health, nutrition and accounting. We will include expertise provided by our consulting veterinarian, Dr. John Lynch, and our nutritionist, Dr. Steve Bachman. These arrangements allow each pasture operator to determine the level of participation in the venture. The venture can be terminated at the pasture level or it may continue through feeding and processing at the option of the operator. Price outs are possible at the time of the operator’s choosing based on the feeder or fat cattle futures market at the time. Custom designed risk management programs can offer price protection with options while allowing broader profit exposure. Texas Beef can provide real time data on the venture from your smart phone, tablet or PC. RFID identification ships on each animal allow tracking from start to finish and provide the essential components for effective decision making. For more information contact Teel Curtis at 806-372-3877 ext: 113 or teel@tbp.com.
Preferred Suppliers
Our purchases of cattle are based on performance. If you become a supplier, we start building a history of performance on your cattle both live performance and carcass performance. Those two data sets are the drivers for creating a pricing model your cattle. Each group of cattle is assigned a rating in two important categories: 1) live animal performance; and 2) carcass performance. We make adjustments to those ratings based on seasonality, implant programs, and background feeding regime.
Based on those data histories, we create a preferred status for people owning cattle that are either high performance cattle in the feedyard or in the processing plant or both. The designation of a preferred supplier carries with it built in premiums when we purchase your cattle. We believe it is important to recognize those cattle owners who add value to our product. Be sure and check with our buyers to assure your cattle are tracked in this program. Preferred supplier status also begins a trust relationship with Texas Beef. Too often bids for replacement cattle translate into discounts based on a lack of knowledge or unproven future results. Texas Beef believes quick payment creates good friendships. We pay suppliers electronically and forward a copy of the payment advice by email. Start your relationship with us and over time learn how you can join with us in future profitability of any group of cattle.