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Practical Systems July eNews

A wet winter, very strong livestock values, all looks good.

The business rules are changing but they remain the same. My re-occurring conversation with customers it’s all about managing inventory which is all about managing the trading accounts. The white hot cattle market now reflects:
 

• We have a volatile cattle market.

• There is variability in production, we need to find that variation.

• Our livestock inventories have escalated, so has our cost to carry.

• The underlying driver of profitability in livestock remains productivity, ie stocking rate, reproduction and weight gain.