Cow-Calf Certification Practice Exam

What potential premium ranges can be expected from age and source verification?

1. $1 to $10 per head

2. $10 to $25 per head

3. $25 to $50 per head

4. A few dollars to $50 per head

The correct answer is: A few dollars to $50 per head

Age and source verification provides added value in the beef supply chain by confirming the background and health status of cattle. When producers implement such verification systems, they can access premiums by documenting age and origin, which are crucial factors for buyers concerned about food safety, traceability, and meeting consumer demand for quality beef. The range of premiums, from a few dollars up to $50 per head, reflects the variability in market conditions, buyer preferences, and the specifics related to the selling context. For instance, cattle with verified health records and traceable sources tend to generate higher prices, especially in markets focusing on grass-fed, organic, or hormone-free beef. These premiums can also vary based on geographic region and prevailing industry standards. The other choices provide narrower ranges that may not fully encapsulate the potential premium benefits that come with a robust verification system. The broader range offered suggests flexibility and recognizes that some producers may see only modest benefits, while others could capitalize significantly based on market demands.