As we approach the end of the year, it's a good time for beef producers to think about changes to improve the bottom line in their farming operations. For some, the most important change would be to start keeping records for the first time.
Without good farm records and timely analysis of them, you can't identify areas of needed improvements in your operation.
Perhaps more importantly, good records allow beef producers to prioritize necessary improvements. Since few producers have the financial resources to make every investment they'd like to in their operations, a good recordkeeping system can point out those investments with the greatest return.
Production and financial records are a very important part of this system. Production records include conception rates, weaning weights and death losses.
Financial records measure costs and returns associated with beef production.
You need both types of records to obtain a complete picture of your beef operation.