GRANDA TOOLS: DAIRY BOARD
THE GRANDA TEAM PLATFORM FOR ECONOMIC PERFORMANCE ANALYSIS
Analytical and reclassification services for dairy farms’ economic and financial data
The dairy farm economic model is brand new even when compared to the recent past. It is characterized by a more complex market offering greater opportunities surrounding the value of produced milk. New factors come into play that are typically associated with the characteristics of larger farms where concepts of sustainability have to be addressed and managed with new stakes and strategies requiring greater vision and new skills.
The ability to produce a break-even cost per liter of milk that is also competitive on its reference market and also generates a satisfactory profit margin irrespective of technical issues, is becoming a crucial point in providing stability to the whole sector.
Through constant monitoring of the Income Statement and KPIs, it is possible to determine important elements such as the break-even price of milk, profit / loss margins and costs per 100 kg of milk produced; in a nutshell cowshed financial efficiency, whether it be in terms of size and trends and also in terms of evaluating ROI of any future investments.
In this context, those who work in providing services and selling products to breeders also need to have the necessary competences to “advise and guide” when making sound management decisions that preserve cow health and ensure economic survival of the farm.
DAIRY BOARD: Synthetic – Measurable – Modern – Achievable – Timely
A METHOD TO MANAGE RESULTS AND BE COMPETITIVE:
- Define and achieve smart goals
- Use financial documentation to assess the economic health of your company
- Use budgets for cost control, revenue and credit management
- Understand the costs of continued learning and share them with other farmers
DAIRY BOARD is a technological support tool that allows you to define tactical objectives:
- Improved aliments efficiency (IOFC €/cow day)
- Improved income from the quantity of milk produced (€/100 litres of milk)
- Improved replacement costs (€/100 litres of milk)
- Improved labor management (€/100 litres of milk)
- Financial support for investments (depreciation €/100 litres of milk)
- Improved health expense costs (€/100 litres of milk)
- Improved heifer costs at the 1st calving