Prairie Post (West Edition)

Canadian Cost-of-Production Network supports industry improvemen­ts

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The Canadian Cow-Calf Cost of Production Network (CDN COP Network) serves to develop a baseline cost of production for different farm scenarios based on survey data from producers across Canada. This data is then analyzed and results are presented that make a difference to producers.

Canfax Research Services (CRS) is proud to present the Canadian Cowcalf Cost of Production Network (CDN COP Network), funded by the Beef Cattle Research Council (BCRC) and delivered in partnershi­p with our provincial partners.

The CDN COP Network will host producer focus groups (https:// www.surveymonk­ey. com/r/2022Signup­E) across Canada, consisting of 5-6 producers representi­ng different eco-regions and production systems in each.

The objective is to develop baseline cost of production statistics in a way that minimizes the response burden on producers. Annual indexing means that producer data is collected every five years. Scenarios will be developed considerin­g what future farms could look like utilizing the 5% Rule approach to evaluate where incrementa­l improvemen­ts could be made around productivi­ty, input costs and output prices. This would be mindful of the fact that different farms have different limitation­s on land, labour and capital.

Producers within the focus groups will be encouraged to network in achieving the future farm results over the coming 3-5 years, supporting

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