MLA: Genetic tools open the gate to financial gains
MLA’s recent Genetics Insights Survey involved conducting interviews with a representative sample of the industry, in terms of location, breed type and production systems. These included 525 beef and 585 sheep producers.
Key survey outcomes:
Ensuring a solid return on any investment – whether that be money or time – is top of mind for all producers. The latest survey results confirmed that commercial producers who use ASBVs are significantly more likely to say their financial health is improving compared to those who don’t use ASBVs (61% vs 41%).
Producers may be hesitant to embark on the journey of getting up to speed on the seemingly complex array of genetic tools available. Dr Sarita Guy, MLA’s Project Manager for Genetics Adoption, encourages producers to explore using these tools alongside their current processes used in purchasing decisions.
"Visual assessment is important, as is raw data. It’s also good to talk to the breeder to understand what traits they’ve been selecting for", Sarita said.
"The most accurate tools to compare sires, within one stud and across different studs of the same breed, are breeding values – and we have good evidence that they work".
The accuracy of these tools will increase over time and will encompass an increasingly wider range of traits that directly impact profitability and the sustainability of our industry.
These tools are underpinned by accurate data and scientifically robust methods. Objective EBVs and ASBVs can be used hand-in-hand with visual assessment and are useful even for smaller operations.
"By using these tools, producers can capitalise on this investment and increase their herd or flock performance", Sarita said.
As more tools become available, Sarita said MLA is committed to providing the resources and support needed to make the most out of them.
"MLA’s Genetics Hub is a one-stop shop with easy-to-understand resources, advice and practical examples of how the different tools can be used. There are also videos and articles where producers share their journey on how genetics have made a real impact on their bottom line", Sarita said.
Producers can receive guidance on developing a customised breeding plan and how to maximise their genetic investment by attending the revamped BredWell FedWell workshops.
"BredWell FedWell is an introductory workshop that helps producers develop a genetics and nutrition regime, specific to their production systems and markets. These workshops are hosted on-farm and are very practical. There are many opportunities to discuss concepts with other producers, and each producer creates a plan for how they can apply what they learn to their own enterprise", Sarita said.
Genetic tools are one more piece of the puzzle to boost efficiency and profitability for producers.
More producers using the latest genetic tools and insights to their advantage is good news for the continued prosperity of the red meat industry, as well as the robustness of the nation’s herds and flocks.
"With the challenges we’re facing and the rising costs of production, it’s important to explore all opportunities and tools that can lift livestock performance in a sustainable way.
"Genetics is one of those tools that can help us achieve this", Sarita said.
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