| PROJECT SUMMARY |
The project utilizes the Beef Cow-calf Standardized Performance Analysis (SPA). SPA is a cow-calf production and financial performance analysis system. SPA facilitates the comparison of an operations performance between years, producers, production regions, and production systems
The project involves cow-calf operators completing the analysis twice. The first time will be in the spring, early summer of 2007. The results will be compared to a regional database in order to determine where the operation is vulnerable. Vulnerable is defined as being 1.5 standard deviations away from the mean of each performance measure. A report will be completed by the project director for each operation. With the assistance of the participant, short term goals will set to address and/or reduce the risk vulnerability. The manager will then implement their own strategies for alleviating the risk. Then, during the spring of 2008, the operation will complete the SPA analysis a second time in order to determine the impact of the project.
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| NUMBER OF PARTICIPANTS: 22 |
| TOPICS COVERED |
| Market analysis and outlook |
| Marketing strategies, plans and clubs |
| Financial records, analysis, and bench-marking |
| Capital and financial assets |
| Credit |
| Tools for managing legal liability |
| Leases, contracts and negotiation |
| Business and strategic planning |
| Employee recruitment, management and retention |
| Interpersonal, family and business relationships |
