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Simple Snapshot for Better Returns

Do you know if your sheep enterprise is on course to generate better returns ?

As part of its ongoing Sheep Better Returns events, EBLEX will be taking producers through its new ‘Sheep Snapshot’ - a quick and simple way of looking at the financial performance of the sheep enterprise and identifying areas that may need some attention. 

Developed with the help of the Red Meat Industry Forum, the Sheep Snapshot calculates an individual producer’s performance data against the latest industry performance figures and, using a traffic light system, shows the areas that are doing well (green), around average (amber) or that may need attention (red). 

The Sheep Snapshot is being piloted with a number of producers around the country, and once finalised, the aim is to make it available for English farmers to download from the EBLEX website as a spreadsheet to complete and return to EBLEX.

As part of a typical Sheep Snapshot discussion, the Sheep Better Returns team will look at best practice in farm record-keeping and discuss how EBLEX defines various performance areas within Snapshot. These definitions are important to ensure producers are able to compare ‘like with like’ and receive a more accurate picture of costings.

The team will then guide individual farmers through a simple spreadsheet based around the business performance areas outlined in the annual EBLEX Business Pointers publication. 

These include variable costs such as veterinary fees and livestock physical performance data.   Once the Snapshot is calculated, its findings can be used alongside the EBLEX Sheep Action for Profit Factsheets to improve any aspects of business performance.

email brp@eblex.org.uk if you would like to find out more about Sheep Snapshot or future Sheep Better Returns events.

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