What are the 3 Primary Goals of Precision LIvestock Management? - Answers 1. improve animal
efficiency
2. optimize inputs
3. moving management from the herd/pen to the individual
What are the two main categories of precision technologies? - Answers 1. Precision measurement
2. Precision management
How does virtual fencing work? - Answers -auditory or physical stimulus
-manages individual animals using "real-time" location
What are some challenges associated with using virtual fencing? - Answers -communication limitations
(bandwidth and range)
-collar falling off/stuck
Describe the two different kinds of precision weighing technologies on the market and the differences
between them. - Answers Walk Over Weigh Systems (WOW) - similar to silencer chute where cattle walk
on, chute takes FULL body weight, then sorts by weight or EID
Smart Scales - DAILY, FRONT END weight of animal, individual performance, herd averages
What are some applications for precision weighing on a ranch? - Answers -sorting weaned calves by
weight
-sorting cows wuickly be EID
List 4 different precision ranching technologies that currently make the most sense for beef cattle
producers. - Answers 1. AI/ET technologies
2. tracking tags
3. cameras/water monitoring
4. virtual fencing
What are the maximum amounts for each of the following direct loans?
Farm Ownership Loan:
, Microloan:
Operating Loan:
Youth Loan:
Emergency Loan: - Answers Farm Ownership Loan: $600,000 (purchase land/new buildings) 5.5%
interest
Microloan: $50,000 (non-traditional operations) 5.0% interest
Operating Loan: $400,000 (equipment, labor, etc.) 5.25% interest
Youth Loan: $10,000 (age 10 to 20)
Emergency Loan: $500,000 (replace/restore) 3.75%
What is the repayment period for an FSA operating loan? - Answers 1 to 7 year (same for microloan,
youth, and emergency loan) a farm ownership loan can be repaid up to 40 yrs
What is the maximum amount of time you can operate a farm or ranch and still be considered a
beginning farmer? - Answers has not operated a farm for more than 10 years and doesn't own farm
property exceeding 30% of the average acreage of the farms in the county where property is located
What is the FSA Down Payment Program? - Answers For undeserved, beginning farmers & ranchers, and
veteran farmers, must make cash downpayment of 5% of purchase price of the farm
How does a joint financing arrangment work? - Answers for financing any authorized FO purpose, the
FSA lends up to 50% and another lender provides 50%
What is the minimum credit score you need to get an FSA loan? - Answers no minimum credit score
requirement, instead, the FSA looks for a history of acceptable repayment with other creditors
How does being a delinquent on a federal debt affect someone's ability to get an FSA loan? - Answers
make ineligible
General loan eligibility requirements: - Answers -family farmer or rancher
-good credit history
-no false info.