Watch Party – Livestock Compass
Wednesdays, February 10 and 24, 2021
For this watch party we will pivot our usual focus on soil health tools, to instead learn about the Livestock Compass: a tool that helps measure the profitability of meat and egg enterprises. We created these watch parties because it’s just more fun and educational to watch videos together. Bring your popcorn and beverage of choice!
The Center for Integrated Agricultural Systems developed the Livestock Compass to support livestock producers in measuring and comparing the profitability of their various enterprises and distribution channels, so they can make more informed and profitable decisions. The Livestock Compass “will be most beneficial for farmers who raise multiple species and who sell their products in multiple market channels…and who are trying to parse out which products and which markets are most profitable. Any Livestock Producer will find the tool useful, however. Dairy farmers will need to wait for our forthcoming Pasture-Based Dairy Compass tool.”
For the first session we’ll get together to watch a pre-recorded webinar put on by the Food Animal Concern Trust, which features the makers of the compass and explains how to use it. Then for two weeks we’ll engage in short activities to help us practice its use. Finally, for the second and final session, we’ll come back together for questions, concerns and experiences. In the final session we’ll be joined by the makers of the Livestock Compass so you can ask questions and give feedback.
Through these watch party gatherings you will learn to:
- Navigate the Livestock Compass Excel spreadsheet.
- Input your production data into the Livestock Compass Excel tool.
- Determine the total cost per product unit of your operation (Ex: lb of meat, dozen eggs, etc.)
- Understand the profitability of each area of your operation.
- Understand your operation’s profitability in each of your distribution channels.
Please contact Leah Potter-Weight at leahpw at quiviracoalition dot org with any questions.