Measuring the Business Health of a Hog Operation
By Graham Gilchrist P. Ag.Farm Management Specialist, Vegreville - This two part article contains a series of small discussions on various aspects of financial performance of a hog operation.
Financial records are just the first step. They provide benchmarks for your operation and decision tools for future management decisions. It is easy to see how effective your production unit is. We can measure that effectiveness in pigs sold per sow per year or by feed efficiency. However, one set of numbers is not enough. You need to look at the financial trends to see direction (progress or regress). By adding production trends, you see the effect on your bottom line.
This article is in two parts, click the links to read the articles: Part 1 Part 2
This article is in two parts, click the links to read the articles: Part 1 Part 2