Ruminant Animal Production and The Feed Industry
Module outcomes assessed:
- Describe the main milk, beef, lamb and wool production systems used in the UK.
- Identify the major internal and external factors affecting the demand and supply of ruminant products.
Calculate the financial performance for one of the data sets for either dairy, beef or sheep (see attachments). Use appropriate financial indicators such as margins. Go on to comment on the physical and financial performance of the herd or flock indicating areas of strength and weakness.
Use published data to benchmark the financial and physical performance. E.g. Figures published by Promar, Milkminder, Kingshay, EBLEX etc