Disease cases and animal losses can easily be left unnoticed without consistent data recording. It is also difficult to highlight problem areas which may be significantly impacting on profitability and those areas which may require veterinary intervention. Two farms with very similar vet bills can be spending that money in completely different areas and as a result one farm will be more profitable through fewer animal losses, lower disease prevalence and higher growth rates. We will look at a real-world example of this below.
Collecting data allows us to form a baseline to monitor progress made within the herd year on year as well as benchmark farms against each other. Inside our newsletter this month is a table outlining various Key Performance Indicators (KPIs) with targets for each of them. Benchmarking allows you to compare your performance with other farms who operate in a comparable way to your own and so indicate possible areas for improvement or highlight areas that you can are currently performing well in.
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