Backgrounding

Mort & Co continues to diversify its procurement and feeder cattle supply strategy.

PROFIT SHARE PROGRAM

The long-term Mort & Co Profit Share Program has been developed with graziers who possess under-utilised grass and have the capability to background young cattle from 200-300kg to feedlot entry weights ranging from 365-480kg.

The Mort & Co Profit Share Program assists graziers who have available grass or crops, but are faced with the significantly higher capital outlay associated with the purchase of cattle. As a greater level of price risk is experienced once purchased livestock reach saleable weight, graziers can redirect their available capital to service debt or explore other business ventures; including off-farm opportunities.

What's Involved

Under the Mort & Co Profit Share Program, Mort & Co is responsible for:

Cattle sourcing

Capital outlay for livestock purchases

Livestock logistics

Livestock sales

Graziers are responsible for:

Growing cattle by approximately 100-150kg liveweight

Labour involved in managing cattle

Maintaining infrastructure on their farm

Providing supplement if required to maintain weight gain in cattle

Normal operational expenses incurred (freight to feedlot, induction)

Key Criteria

Upon entering a Mort & Co feedlot (avg around 420kg), cattle are priced according to the Mort & Co grid on the day. The producer receives a large proportion of the profit from the value of the feeder steer to the backgrounder.

Key criteria for backgrounders:

Quality infrastructure (water, fencing and handling facilities)

Quality feed - ability to achieve 0.6kg+ live weight gain, year-round average

B-Double access minimum – all weather desired

Exceptional management – on site

Willingness to develop long term relationships

"Our experience is that Mort & Co is much more invested in the cattle, much more invested in us, making sure it works for both parties and that’s what we’ve really come to appreciate."

Hugh Nivison

Mort & Co Backgrounding Partner

"Our experience is that Mort & Co is much more invested in the cattle, much more invested in us, making sure it works for both parties and that’s what we’ve really come to appreciate."

Hugh Nivison

Mort & Co Backgrounding Partner

"Our experience is that Mort & Co is much more invested in the cattle, much more invested in us, making sure it works for both parties and that’s what we’ve really come to appreciate."

Hugh Nivison

Mort & Co Backgrounding Partner

Our Livestock Team