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Meat to Market: Cost of Production

Cost of Production: you’ve heard the term, but what really goes into calculating It? What’s the precise cost we put into each animal before slaughter? Feed, supplements…but what else do we use to understand how much we already have into each animal before we even get to slaughter and processing? This class will teach you how to estimate costs of production per animal unit for your operation, setting the stage to translate those numbers into meaningful reasoning for sales pricing and marketing decisions. We will focus on the basic concepts of how to determine an accurate cost of production on a per head and per herd basis, but will also introduce a few different tools (all available for free) to that allow you to estimate across multiple geographies/seasons and within various animal classes: cow-calf, finishing, breeding, stocking, growing your own supplemental forage, direct marketed meat, or a combination of some or all of these programs.

Mar 8, 2023 09:00 AM in Mountain Time (US and Canada)