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Decisions to inseminate and replace cows should be based on expected future income. Two management guides are described to help dairy farmers make decisions 1) profit after conception for decisions on insemination and 2) future profitability for decisions on immediate replacement and veterinary treatment. Management guides are obtained by comparing expected cash flow of a cow currently in the herd with that of a replacement heifer entering the herd at different times. Besides optimum decisions, management guides indicate expected loss when making an nonoptimum decision. This allows farmers to weigh additional information on cow or herd and to rank cows on expected profitability.
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J.A.M. van Arendonk (1988) studied this question.
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