Business of Farming Managing Cost of Production – Bairnsdale

Cost of production significantly influences beef and sheep business profitability. While market prices are beyond our control, we can optimize costs and revenue. Calculating production costs is crucial for evaluating herd and flock performance and planning for market fluctuations, expansion, retirement, or succession.

  • Come along to learn simple fast ways to calculate and track your cost of production and also see demonstrated two tools for tracking expense
  • Come along to understand why the inflationary cost of production is challenging our red meat businesses more than market prices.
  • Come along and uncover hidden costs in beef and sheep production, where we’ll explore overlooked expenses, provide tips for identifying and accounting for them in cost calculations, and showcase real-life examples of their impact on profitability.

WHERE: Bairnsdale – Gippsland Agricultural Centre (Airport Rd, Bairnsdale)

WHEN: Friday 31st May 10am to 1pm

COST: Free with lunch included

RSVP: You need to register to attend – please click link https://bit.ly/3QC0SuL

For more information contact Natalie Jenkins, SFS M:0436 462 559 or E: njenkins@sfs.org.au

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