Making More from Sheep Australian Wool Innovation Limited Meat & Livestock Australia
MODULE 1: Plan for Success
Tool 1.8
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Calculating your cost of production for beef cattle run in addition to your sheep enterprise is an important step in assessing the performance of your mixed grazing enterprise and a first step to improving profitability.

Use the MLA cost of production calculator for beef to compare the health of your business year on year, and then compare yourself against other beef producers with similar resources to your own.

To print a hardcopy version, or to download an electronic version of the MLA cost of production calculator for beef, visit:  https://www.mla.com.au/extension-training-and-tools/tools-calculators/Cost-of-production/

Knowing your cost of production is just the first step. Once you have a rough idea of how you are performing, measure the performance of your business in more detail and for all enterprises using the other calculators in this module.