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Assessment of the economic value of bovine amniotic fluid and placental material.

Project start date: 28 May 2007
Project end date: 30 January 2008
Publication date: 01 December 2007
Project status: Completed
Livestock species: Sheep, Goat, Lamb, Grassfed cattle, Grainfed cattle
Relevant regions: National
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Summary

In response to producer and broader industry demand, this project was to improve the relevance and capacity of the current MLA Cost of Production tools by advancing the capacity of the calculators to account for multiple enterprises (beef, sheepmeat, goats, wool ad cropping) into one tool.
The tool will enable more sophisticated analysis of business performance as it will have a capacity for calculations to be taken to a measure of whole farm operating return, whole farm assets under management and return on equity (inclusive of capital gain). The calculator is available in prototype format. Subsequent piloting with red meat producers and advisors confirmed additional development is required to improve the usability of the calculator.

More information

Project manager: Antoine Valterio
Primary researcher: CSIRO Division of Livestock Indust