Internal and external benchmarking of feedlot cattle performance and operational efficiency is essential to understand opportunities for improvement in operational efficiency and profitability. All benchmarking data is strictly confidential. Benchmarking is broken into the following categories:
Benchmarking
a. Closeout benchmarking: identifies cattle performance differences across regions, seasons, market categories, initial weights, grain processing types, breeds and sex.
b. Operational benchmarking: determines operational efficiency of feeding and milling sectors in the feedlot.
c. Feed Intake Monitoring: identifies variations in bunk management at individual feedlots and potential for improvements in energy intakes of cattle.