News

Making money out of data 

Robert and Nathan Scott; a consultant from Mike Stephens and Associates recently spoke at the Elders Balmoral Sire Evaluation Trial on the role that electronic identification (eID) and data collection can play in improving profitability for sheep producers. A key message from the day was that farmers can make valuable productivity gains if they use the information they gather correctly. Other key messages were:

  • · Producers need to see clear value from collecting flock data· eID has a place in the Agriculture Industry · There can be massive differences between top and bottom performing animals in a flock – it’s worthwhile knowing who is performing well and which animals aren’t
  • · Technology advances mean that eID start up costs are not so great
  • Stock & Land ‘Making money out of data’ article.