Making More from Sheep Australian Wool Innovation Limited Meat & Livestock Australia
MODULE 1: Plan for Success
Tool 1.7
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Calculating your cost of production is an important step in assessing flock profitability and a first step to improving profitability.

Use the AWI cost of production calculator for wool to compare the efficiency of your business year on year, and then compare it against other wool producers with similar resources to your own.

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.