Meating Our Potential
As the red meat levy body for Scotland, QMS is aiming to build confidence within the livestock sector so that we can grow our national herd through increased productivity and profitability.
We are unique, in that we represent every part of the red meat supply chain, from breeders through to finishers, and from abattoirs, butchers, and processors to retail. With support across the industry, QMS in partnership with the Scottish Red Meat Resilience Group has developed this producer toolkit as part of its ‘Meating Our Potential’ campaign – a practical resource to improve our productivity, profitability and to help producers to make the most of the opportunity ahead of us and to grow our national herd.
About this toolkit
This initiative exists to provoke thought and to start a national discussion about how we can make our beef sector, more productive, and more profitable, and give businesses the confidence to invest in their future.
On this web page you’ll find a toolkit containing case studies, resources, links, and virtual tools that can be used to support the conversations you have with your farm team, advisors, and friends to help improve your businesses productivity and profitability.
Themes Covered
This toolkit is divided into activity under three themes. Each theme will provide a range of resources that can help your business to become more productive, profitable and give you the confidence to invest in it for the future.
Click a theme below to get started.
Understanding Yesterday
The first step on the journey to understanding your business more effectively is about self-reflection. Take the time to reflect on when your businesses performance has been at its best. When was it? What was your management system like? Were there any disease challenges? What did your supply chain look like? Did your nutrition look different? Were you using grazing differently? Etc…
This area underlines the importance of record keeping and the ability to look back on a year’s performance to analyse potential weaknesses or opportunities.
Adjusting For Now
Undoubtedly one of the most useful exercises that any farm business can undertake is enterprise costings. These can be conducted by professional accountants, consultants, or by participating in benchmarking groups.
Enterprise costings can be as detailed as you need or want, they can start with an understanding of your total income for livestock for the year divided by your total expenditure for the year on that livestock. This provides a net figure and helps understand where the main costs and rewards are within a farm business.
Case study
The MF MSO work carried out and how to utilise that information best.
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