Production Record Analysis

Critical Economic Measures for Decision Making in Beef Herds

Abstract

My intent here today is not to speak about SPA, but rather to stimulate some critical thinking about the way you approach analysis of production and/or financial information in your business or that of a customer. I will try to identify some methods of partial economic analysis (not complete cost accounting analysis) that I find useful in helping me and my customers (producers) understand the integrated nature of their beef production system. I will present a couple of well defined "text" book approaches, others are just my way of looking at the numbers, so if nothing has made sense to this point, then welcome to the club.