2015 Reader Survey 2015 Reader Survey Purpose The findings cited in this report are based on a survey sponsored by the Livestock Advertising Network on behalf of ten of its publications: Alabama Cattleman The Carolina Cattle Connection The Florida Cattleman Georgia Cattleman Cow Country News The Louisiana Cattleman Cattle Business in Mississippi Ohio Cattleman Tennessee Cattle Business The Virginia Cattleman The purpose of this research project was to provide the editors and advertisers with a current, credible profile of its audience. This summary highlights the methodology and results of the Kentucky Cattlemen’s Association segment—Cow Country News. 2015 Reader Survey Method The survey sample of 400 represented 7,546 domestic, named Kentucky Cattlemen’s Association members who receive Cow Country News at the time of sample selection. The mail survey fielded from May 14 to June 25, 2015. The survey was closed with 229 usable responses (57% response rate). Margin of error based on 229 usable responses is ±6.4 percentage points at the 95% confidence level. 2015 Reader Survey About Readex Research Nationally recognized independent research company located in Stillwater, Minnesota. Roots are in survey research for the magazine publishing industry, but specialization in conducting high-quality survey research (by mail and/or the Internet) has served diverse clients from many other markets. Since its founding in 1947, Readex has completed thousands of surveys for hundreds of different clients. The response was tabulated and this report was prepared by Readex in accordance with accepted research standards and practices. 2015 Reader Survey The average (mean) subscriber has been a Kentucky Cattlemen’s Association member for 12.0 years; the typical (median) reported tenure is slightly lower at 10 years. mean: 12.0 median: 10 24% 21% 20% 21% 10% 3% less than 1 1-4 5-9 10 - 14 15 - 24 25 or more For how many years have you been a member of the Kentucky Cattlemen’s Association? base: all 229 respondents 2015 Reader Survey The typical subscriber has read or looked through all 4 of the last 4 issues of Cow Country News. AT LEAST 3 OF THE LAST 4 ISSUES: 87% 78% mean: 3.6 median: 4 2% 2% 3% 5% haven't yet received 4 issues none 1 of 4 2 of 4 9% 3 of 4 4 of 4 How many of the last 4 issues of Cow Country News have you read or looked through? base: all 229 respondents 2015 Reader Survey Virtually all subscribers (97%) at least skim a typical issue of Cow Country News, including 75% who read/look through about half or more. AT LEAST SKIM: 97% READ ABOUT 1/2 OR MORE: 75% 12% 10% skim only read about 1/4 25% 23% read about 1/2 read about 3/4 27% 2% do not read/look through How thoroughly do you read or look through a typical issue of Cow Country News? base: all 229 respondents 2015 Reader Survey read all or almost all Nearly two-thirds of subscribers (63%) usually share their copy of Cow Country News with other readers; the average pass-along rate is 1.0 others, greatly extending the publications’ reach. mean: 1.0 median: 1 PASS-ALONG TO OTHERS: 63% 42% 36% 13% 5% none 1 2 3 2% 1% 4 5 or more How many other people (besides you) usually read or look through your copy of Cow Country News? base: all 229 respondents 2015 Reader Survey About four in five subscribers (78%) referred back to an issue of Cow Country News in the last 12 months; the average subscriber made 2.8 referrals in that timeframe. mean: 2.8 median: 2 REFERRED BACK TO ISSUES: 78% 24% 21% 27% 12% none 1 10% 2 3-4 5-9 5% 10 or more About how many times in the last 12 months have you referred back to an issue of Cow Country News (for any reason)? base: all 229 respondents 2015 Reader Survey 86% of subscribers took action in the last 12 months as a result of reading Cow Country News. discussed article/item with others 69% saved article/item for future reference 36% visited advertiser’s website 31% passed article/item along to others 31% used/modified an idea 30% purchased/ordered a product or service 24% contacted advertiser for additional information recommended a product/service other TOOK ACTION 31% visited an advertiser’s website and 24% purchased/ ordered a product or service. 19% 12% 3% 86% In the last 12 months, what actions have you taken as a result of reading Cow Country News? base: all 229 respondents (multiple answers) 2015 Reader Survey A majority of subscribers (58%) think advertising in Cow Country News makes a company/product/service more credible. less credible 0% more credible 58% no effect on credibility 38% Does advertising in Cow Country News make a company/product/service more credible, less credible, or does it have no effect on its credibility? base: all 229 respondents 2015 Reader Survey A majority of subscribers agreed with each of five positive statements about Cow Country News. AGREE* SUMMARY is a reliable source 91% is easy to read 90% is visually appealing 82% is relevant to me and my work 82% has information I can't usually find elsewhere 66% *agree= rating +1 or +2 on a 5-point scale where +2=strongly agree and -2=strongly disagree What is your level of agreement with each of the following statements about Cow Country News? base: all 229 respondents 2015 Reader Survey While Cow Country News shares their audience with other publications, they still tend to be strongly preferred over each of nine competitors asked about. READ REGULARLY Progressive Farmer PREFERRED PUBLICATION 73% Cow Country News 54% Farm Journal 28% Progressive Farmer Beef 26% Farm Journal 6% Beef 4% Successful Farming 22% 13% Cattle Today 14% Successful Farming 3% Drovers 13% Drovers 3% Farm World 11% Farm World 3% Working Ranch 10% Working Ranch 2% Breed Publication 1% Cattle Today 1% Breed Publication AT LEAST ONE 8% 87% No other listed publication was selected by more than 13%. Which of these other publications do you read regularly? If you could read only one of the following publications, which one would you choose? base: all 229 respondents (multiple answers for publications read regularly) 2015 Reader Survey Two in five subscribers (42%) visit the Kentucky Cattlemen’s Association website; 15% do so at least monthly. daily 0% a few times a week 2% weekly 1% WEBSITE VISITORS: a few times a month 6% monthly 6% less than once a month never 42% 27% 57% About how often do you visit the Kentucky Cattlemen’s Association website at www.KYcattle.org? base: all 229 respondents 2015 Reader Survey Upcoming event information and beef market reports are among the most common reasons to visit the Kentucky Cattlemen’s Association website, among those who visit. for upcoming event information 40% for beef market reports 39% for KCA membership info 30% for KCA association news 28% for agricultural links 24% for beef recipes 18% for breed association links 17% for product/service information 16% other Kentucky Cattlemen’s Association news and information also draws traffic to the website. 6% For what reasons do you visit the Kentucky Cattlemen’s Association’s website at www.KYcattle.org? base: 94 website visitors (multiple answers) 2015 Reader Survey About one in six subscribers (16%) receive news via email from the Kentucky Cattlemen’s Association; 9% follow the Association on Facebook. receive news via email follow on Facebook 16% 9% Do you receive news via email from the Kentucky Cattlemen’s Association? Do you follow the Kentucky Cattlemen’s Association on Facebook? base: all 229 respondents 2015 Reader Survey A majority of subscribers (94%) work at cattle/farm operations, hereafter referred to as “farmer subscribers.” work at a cattle/farm operation 94% do not 6% How many acres of land are managed by your cattle/farm operation? base: all 229 respondents 2015 Reader Survey The typical farmer subscriber indicated their cattle/farm operation manages 203 acres of land. 38% mean: 442* median: 203 24% 21% 10% 6% 0% fewer than 100 100 - 249 250 - 499 500 - 999 1,000 - 4,999 5,000 or more *Due to the significant proportion of respondents answering in the bottom category, the sample statistic may overstate the true population mean. How many acres of land are managed by your cattle/farm operation? base: 216 respondents who work at cattle/farm operations 2015 Reader Survey Half of farmer subscribers (49%) are at cattle/farm operations that do not employ any full- or part-time employees. The typical farmer subscriber reported one employee. mean: 1.2 median: 1 49% 33% 13% 3% none 1-2 3-4 5 or more How many people are employed at your cattle/farm operation (including both full- and part-time)? base: 216 respondents who work at cattle/farm operations 2015 Reader Survey Virtually all farmer subscribers (98%) reported their cattle/farm operations own or manage cattle, most commonly cows/calves. cow/calf 84% commercial 27% purebred 17% stocker 14% dairy 2% other 2% OWN OR MANAGE CATTLE 98% What types of cattle are owned or managed at your cattle/farm operation? base: 216 respondents who work at cattle/farm operations (multiple answers) 2015 Reader Survey The typical farmer subscriber whose cattle/farm operation owns/manages cattle indicated their operation currently owns or manages about 67 head of cattle. mean: 118 median: 67 22% 19% 18% 13% 15% 10% 1 - 24 25 - 49 50 - 74 75 - 99 100 - 199 200 or more About how many head of cattle does your cattle/farm operation currently own or manage? 2015 Reader Survey base: 212 respondents whose cattle/farm operations own/manage cattle The typical farmer subscriber whose cattle/farm operation owns/manages cattle reported the total estimated value of all cattle owned by their operation is $85,800; the average is much higher at $182,000, due to some high reports. mean: $182,000 median: $85,800 19% 21% 17% 12% 8% less than $25,000 $25,000 $49,999 7% 7% $50,000 - $100,000 - $200,000 - $300,000 - $400,000 $99,999 $199,999 $299,999 $399,999 or more Approximately what is the total estimated value of all cattle owned by you or your cattle/farm operation? 2015 Reader Survey base: 212 respondents whose cattle/farm operations own/manage cattle One-fourth of farmer subscribers (26%) indicated their cattle/farm operations currently own or manage horses. 10 or more 5-9 3-4 1-2 OWN OR MANAGE HORSES mean: 1.0 median: 0 1% 3% 5% 17% 26% About how many horses does your cattle/farm operation currently own or manage? base: 216 respondents who work at cattle/farm operations 2015 Reader Survey 22% of farmer subscribers indicated their cattle/farm operations own or manage at least one type of livestock other than cattle and/or horses. chickens 15% goats 4% ducks 2% pigs/hogs 2% sheep 2% deer other OWN OR MANAGE AT LEAST ONE 1% 3% 22% What other types of livestock are owned or managed by your cattle/farm operation? base: 216 respondents who work at cattle/farm operations (multiple answers) 2015 Reader Survey Two in five farmer subscribers (41%) indicated their cattle/farm operations currently insure at least some of their livestock. yes 41% no 51% no answer 8% Are any of your cattle/farm operation’s livestock currently insured? base: 216 respondents who work at cattle/farm operations 2015 Reader Survey Seven in ten farmer subscribers (69%) indicated their cattle/farm operations grow crops. operation grows crops 69% does not grow crops 27% no answer 3% What crops does your cattle/farm operation grow? base: 216 respondents who work at cattle/farm operations 2015 Reader Survey Alfalfa, grass silage/haylage, and corn are among the most commonly grown crops among farmer subscribers whose cattle/farm operations grow crops. alfalfa 45% grass silage/haylage 43% corn 39% soybeans 23% wheat 11% tobacco 11% vegetables/fruits/nuts sorghum specialty crops 7% 3% 2% cotton 0% sunflowers 0% canola 0% other 16% What crops does your cattle/farm operation grow? 2015 Reader Survey base: 150 respondents whose cattle/farm operations grow crops (multiple answers) A majority of farmer subscribers (73%) indicated their cattle/farm operations mainly harvest (versus purchase) the roughage they use. harvest 73% purchase 9% both equally neither 14% 1% Does your cattle/farm operation mainly harvest or purchase the roughage it uses? base: 216 respondents who work at cattle/farm operations 2015 Reader Survey Minerals, fencing materials, animal health products, and/or ear tags are among the items farmer subscribers and/or their cattle/farm operations are most likely to purchase in the next 12 months. minerals 82% field tools 20% fencing materials 80% tractor 17% animal health products 79% working facilities 17% ear tags 74% water tanks 14% seed 61% hunting gear 11% herbicides 56% record keeping tools 10% fencing equipment 54% truck 9% work boots 52% ATV/golf cart 8% farm implements 39% show products 7% outdoor wear 31% livestock trailer 6% power tools 26% trailer 6% semen for breeding 24% hoop barn 6% breeding material 22% milk equipment 1% field machinery 22% AT LEAST ONE OF THESE 97% Which of the following are you or is your cattle/farm operation likely to purchase in the next 12 months? base: 216 respondents who work at cattle/farm operations (multiple answers) 2015 Reader Survey Farmer subscribers indicated their cattle/farm operations are most likely to use chartered banks and/or ag lending institutions for their capital and/or operating loans. 25% chartered bank 22% 18% ag lending institution government institution credit union other financial service USE AT LEAST ONE OF THESE INSTITUTIONS capital loans operating loans 17% 4% 2% 1% 2% 1% 2% 42% 39% Which of the following financial institutions does your cattle/farm operation currently use for each type of loan? base: 216 respondents who work at cattle/farm operations (multiple answers) 2015 Reader Survey The typical farmer subscriber reported their cattle/farm operation’s gross revenue in 2014 was $48,500. mean: ** median: $48,500 25% 19% 21% 13% 12% 9% no answer* less than $25,000 $25,000 $49,999 $50,000 $99,999 $100,000 $249,999 $250,000 or more *Excluded from the mean and median calculations. **Due to the high proportion of respondents answering in the bottom category, the sample mean and standard error cannot be meaningfully calculated. Approximately what was your cattle/farm operation’s gross revenue in 2014? base: 216 respondents who work at cattle/farm operations 2015 Reader Survey Five in six farmer subscribers (84%) are owners of their cattle/farm operations. Another 13% are partners. owner 84% partner manager employee 13% 2% 0% What best describes your job function at your cattle/farm operation? base: 216 respondents who work at cattle/farm operations 2015 Reader Survey 75% of farmer subscribers who are owners/partners at their cattle/farm operations are planning to take at least one of five listed actions in the next five years, most commonly increasing herd size. increase herd size 50% increase acreage 31% retain ownership of land, but retire from active work 20% transfer ownership to family member(s) sell farm on the open market PLAN TO DO AT LEAST ONE OF THESE 11% 1% 75% If you are the owner or partner at your cattle/farm operation, which of the following are you planning in the next five years? base: 209 owners/partners at cattle/farm operations (multiple answers) 2015 Reader Survey Nine in ten farmer subscribers (93%) are involved in their cattle/farm operations’ purchases. 68% approve/authorize purchases. approve/authorize purchases 68% select/specify products/services recommend purchases involved in other way 19% 4% 2% INVOLVED IN PURCHASING 93% What best describes your usual involvement in your cattle/farm operation’s purchases? base: 216 respondents who work at cattle/farm operations 2015 Reader Survey About half of farmer subscribers (55%) have a secondary job in addition to their work on cattle/farm operations. yes, full-time 43% yes, part-time 12% no 44% no answer 1% Do you have a secondary job in addition to your work on a cattle/farm operation? base: 216 respondents who work at cattle/farm operations 2015 Reader Survey Farmer subscribers who have secondary jobs in addition to work on cattle/farm operations work in a variety of industries. professional/business 29% skilled trade 19% retail/service 11% general labor/construction 8% healthcare/medical education hospitality/food/beverage other 5% 3% 1% 19% In what industry is your secondary job? 2015 Reader Survey base: 119 respondents who have a secondary job in addition to work on cattle/farm operations The typical farmer subscriber who has a secondary job reported earning 25% of their total income from work on the cattle/farm operation. mean: 30.4% median: 25% 49% 27% 14% 5% 5% no answer* 1% - 24% 25% - 49% 50% - 74% 75% or more *Excluded from the mean and median calculations. Approximately what percentage of your total income is earned from your work on the cattle/farm operation? 2015 Reader Survey base: 119 respondents who have a secondary job in addition to work on cattle/farm operations Three-fourths of subscribers (76%) are involved in at least one of seven listed activities, most commonly hunting, gardening, and/or fishing. hunting 45% gardening 45% fishing 42% camping 17% animal shows/racing 17% hiking water sports 9% 6% AT LEAST ONE OF THESE ACTIVITIES 76% In which of the following activities are you involved? 2015 Reader Survey base: all 229 respondents (multiple answers) About half of subscribers (48%) access/use social media, most commonly Facebook and/or YouTube. Facebook 37% YouTube Twitter 22% 9% LinkedIn 7% Pinterest 7% Instagram 6% other 6% ACCESS/USE SOCIAL MEDIA 48% What social media websites do you access/use? 2015 Reader Survey base: all 229 respondents (multiple answers) The typical subscriber is a 62-year-old male. GENDER AGE 65 or over 41% 55 - 64 25% 45 - 54 35 - 44 25 - 34 under 25 male 90% 18% 7% mean: * median: 62 5% 3% *Due to the high proportion of respondents answering in the top category, the sample mean and standard error cannot be meaningfully calculated. What is your age? Are you male or female? 2015 Reader Survey base: all 229 respondents female 7% no answer 3% 36% of subscribers have earned a college degree or higher. post-graduate degree(s) post-graduate work 14% 2% college graduate 20% some college post high school vocational/technical training 19% 9% high school graduate/GED some high school 28% 6% What is the highest level of education you have completed? 2015 Reader Survey base: all 229 respondents The typical subscriber reported their household’s total income before taxes in 2014 was $96,000; the average was higher at $113,000, due to some high reports. mean: $113,000 median: $96,000 21% 14% 13% 15% 17% 9% no answer* under $50,000 10% $50,000 - $75,000 - $100,000 - $150,000 - $200,000 $74,999 $99,999 $149,999 $199,999 or more *Excluded from the mean and median calculations. Approximately what was your household’s total income before taxes in 2014? 2015 Reader Survey base: all 229 respondents