Cost
of Production:
Knowing
your cost of production is critical for making decisions
about your dairy business. Monthly Dairy Dashboard
reports provide up-to-date and accurate costs on a per
hundredweight and per cow basis.
Budgeting:
Budgets
do not predict what will happen, but rather, help you
decide what to do tomorrow, this week, and next month
based on what you see and know today. Projecting costs
based on current and year-to-date conditions helps to
develop plans and solve problems.
Ratios:
Certain
ratios provide insight into how the farm business is
performing. You can use this information to justify
new strategies for making your dairy business more profitable.
Goal
Performance:
Allowing
producers to see the big picture is what makes the Dairy
Dashboard a valuable tool. Goal Performance
helps busy managers predict their bottom line quicker
and more easily. By keeping surprises to a minimum,
problem solving is easier. Consistent reporting encourages
effective communication and cooperation between owners,
middle managers, lenders and others.
Production
Factors:
Almost
all financial and production information is a result
of how you farm. Improvement in financial performance
depends on your capability to adapt to an ever-changing
situation. The Dairy Dashboard shows you
how changes in production factors dramatically affect
profitability and cash flow.