Know your costs/kg (episode 4)
March 6th, 2010 | by admin |
Knowing how much it costs to produce a kilogram of beef or lamb is a powerful benchmarking tool for producers and MLAs cost of production calculator makes it a simple process. Taking data on production, livestock enterprise costs, labour and overheads, a cost per kilogram can be figured out, which can then be used to compare performance from one year to the next, or against other producers in the region. Cattle producer Craig Brewin shows us how the process of calculating his costs/kg highlighted areas of improvement in his beef business.
Duration : 0:5:42
[youtube bajO0UTnq2Q]