Mort & Co continues to diversify its procurement and feeder cattle supply strategy.
PROFIT SHARE PROGRAM
![PROFIT SHARE PROGRAM](https://www.datocms-assets.com/88062/1676440797-mort-co-backgrounding-and-profit-share-cattle.jpg?auto=format&w=1920)
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)
![What's Involved](https://www.datocms-assets.com/88062/1676441057-mort-co-backgrounding-and-profit-share-client.jpg?auto=format&w=1920)
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
![Key Criteria](https://www.datocms-assets.com/88062/1678751779-mort-co-backgrounding-key-criteria.jpg?auto=format&w=1920)
![Business Image](https://www.datocms-assets.com/88062/1676463269-1676441495-mort-co-hugh-2.jpg?auto=format&w=1920)