Beef Farm Business Summary (BFBS) Helps Farmers Calculate Cost of Production, Tr

Katelyn Walley, Business Management Specialist and Team Leader
Southwest New York Dairy, Livestock and Field Crops Program

August 6, 2020

BFBS is a free and confidential program that is now available to livestock producers across the state, including our Southwest New York Region. This is an opportunity to collect data on individual farms and analyze the profitability of the businesses. Farm Business Management Specialist, Katelyn Walley-Stoll, will work with farms to determine what information is needed and complete the analysis, providing the farm with an opportunity to look at areas of production, develop plans to increase profitability, track business growth over time, and calculate a cost of production. Knowing your cost of production is important to set breakeven prices, monitor the success of market cattle, and set direct to consumer prices. Additionally, the data collected from all farms will be pooled into one summary report (after all identifying data has been "scrubbed") that will provide production benchmarks, and the opportunity to compare individual operations to statewide averages. If you're interested in learning more about the Beef Farm Business Summary, you can peruse the Beef Cattle Management Website or contact Katelyn by calling 716-640-0522. 




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