Projecting an Operations Plan a Year Advance to Ensure Adequate Forage and Cash Flow for a Meat Enterprise

Tue, March 8
10:45 am-12:00 pm
Redwood Room

Projecting an Operations Plan a Year Advance to Ensure Adequate Forage and Cash Flow for a Meat Enterprise

Do you know how to match your forage supply with your stocking rate? Should you raise animals from birth to finishing or buy growing or finished animals from someone else? Does direct marketing make economic and financial sense? Are you truly adding value after paying processing, transportation, storage and marketing costs? There are many planning considerations when operating a direct marketing meat enterprise. These include: land resources (irrigated and dryland range), classes of animals that will graze the land (breeding, growing, finishing), USDA inspected processing, transportation, meat storage, marketing, and cash flow.

 

This workshop will provide participants with an operations planning tool that can be done a year in advance to assess if forage supply will meet animal demand, highlight any cash flow deficits that require attention, and listing out main tasks to determine if additional labor will be needed. The planning tool will be a 12-month table done on a flip chart with the following information participants will fill out for their production year: forage production, stocking rate, cash flow, and major tasks for the year.

Participants will learn to use a meat economic analysis tool available online at http://ucanr.edu/sites/placernevadasmallfarms/Livestock/Niche_Meat_and_Processing/.  This tool can be used to determine if the meat enterprise is truly adding value by keeping or buying live animals and direct marketing meat direct to consumers and / or wholesale.