Benchmarking: compare and analyze to milk and earn
Political and economic instability, which has become almost the norm of our lives, as well as constant fluctuations of prices on the milk market, make its producers increasingly cautious to count every penny and look for reserves. Throughout the world, farmers use a tool such as BENCHMARKING to efficiently manage resources and cost, comparing their performance with the results of others. Since 2015, the Association of Milk Producers implements the project "Comparative economic analysis of dairy enterprises", which helps to find answers to the question of the structure of the cost, the share of different costs in this structure, the cost of feed, the monetary conversion of the diet, the break-even point.
More information read in the magazine «Milk and farm» ¹ 2 (45), April 2018.