[D KANNATHASAN,]

BIRD PERFORMANCE

[Hamza]

To assess the profitability of different feed formulations, you can <mark style=””>calculate the net income, which is the revenue minus the expenses</mark>. A positive number indicates a profitable product

[Amir]

The simplest measure of profitability is net income, which is revenue minus expenses. This shows the amount of income you generate from your business after accounting for all expenses.

[Md Abdul Bari]

Assessing the profitability of different feed formulations involves evaluating their cost-effectiveness, impact on animal performance, and overall contribution to profitability. Here’s a step-by-step approach:

1. Determine Feed Costs

Calculate the cost of ingredients per unit (e.g., per kg or ton).

Factor in costs of mixing, transportation, storage, and potential wastage.

Sum up the total cost per unit of feed formulation.

2. Evaluate Nutritional Content

Ensure the formulation meets the nutritional needs of the specific livestock (e.g., protein, energy, vitamins, and minerals).

Use tools like least-cost ration software to optimize costs while meeting nutritional requirements.

3. Assess Animal Performance

Monitor animal performance metrics such as weight gain, milk production, egg yield, or feed conversion ratio (FCR) when fed with each formulation.

Compare these metrics to industry benchmarks or past performance.