INCREASING profitability for commercial producers is a common theme at any field day, workshop, or seminar in the beef industry.
Without doubt, there is a need to have very member of the beef industry aware of, and focused on the opportunities that exist for producers to achieve increases in their individual enterprise profits and contribute collectively to a profitable and sustainable beef industry.
At its most basic measure, profit can be described as the difference between the Average Price ($/kg) and the Cost of Production ($/kg).
More importantly, the basic measurement of Cost of…