Estimation of the economic value of herd‐life length based on simulated changes in survival rate

Functional traits are an important aspect of long‐term breeding strategies for dairy cattle. In this regard, it is necessary to develop simple methods for estimating the economic value of herd life. In this study, the economic daily value of herd life was estimated when survival rate varied between −0.05 and 0.05 from the basal survival rate. The extension days per survival rate were 26.5 days in Hokkaido and 20.3 days in other regions. The increases in values of annual income per day of herd life were 95.18 yen in Hokkaido and 101.80 yen in other regions. The relative economic weights of milk yield to herd life per genetic standard deviation were 0.668 in Hokkaido and 1.03 in other regions. Estimated increments in yearly profits based on young sire selection for herd life were 963 yen in Hokkaido and 1,030 yen in other regions. The estimated increments in annual profits based on young sire selection for milk yield were 1,268 yen in Hokkaido and 2,097 yen in other regions. Given that economic value was linearly correlated with herd‐life length, the linear regression coefficients between these factors could be used to estimate the economic value of herd‐life length.