User Guide – Costs

Overview

The Costs section in IdeasFarm centralizes each animal's income, expenses, and profitability. All values are automatically generated from feed, health, reproduction, and lactation records. Its purpose is to provide a realistic view of how much the animal produces and how much it costs to maintain it, comparing it with the farm average.

🔹 Main Sections

1. Profitability

• Profitability ($): net profit (total income – total costs).
• Total Income ($): accumulated income from milk or sale of animals/products.
• Total Cost ($): sum of all expenses associated with the animal.

2. Income

• Projected cumulative production (kg/milk): expected liters during the lactation.
• Average sale price per Kg/milk ($): recorded market value.
• Income from milk sales ($): projected or actual production multiplied by the average price.
• Actual cumulative milk production (kg): liters actually produced.

3. Costs

Automatically classified according to records:

• Feed: concentrates, supplements, grazing/silage, mineral salts.
• Reproduction: semen, hormones, supplies.
• Animal health: medicines, deworming, vaccines, supplies.
• Rearing: expenses related to the care and feeding of offspring.

Each cost is expressed in:

• Total amount ($).
• Equivalent per liter produced ($/L): measures how much the expense represents relative to production.

4. Animal profitability based on the current lactation

Compares the animal against the herd average:

• Projected production.
• Income ($) and Cost ($).
• Profit ($) and Profit Margin (%).
• Gain or loss per dollar invested.
• Profitability per Kg/milk.

5. Lactations

Shows the historical evolution of each lactation:

• Projected cumulative production.
• Average sale price per Kg/milk.
• Income generated.
• Actual cumulative production.

It helps to identify trends of improvement or decline in productive efficiency.

📖 Glossary of Economic Indicators

• Profitability ($): animal's net profit; difference between what it produces and what it costs.
• Total Income ($): economic value of milk sold and other associated income.
• Total Cost ($): sum of all recorded expenses for the animal.
• Projected cumulative production (kg/milk): estimated liters based on the current lactation.
• Actual cumulative production (kg): liters actually milked and recorded.
• Average sale price per Kg/milk ($): average market value of the milk.
• Profit ($): income minus costs.
• Profit Margin (%): percentage of profit over income.
• Gain or loss per dollar invested ($): how many dollars are gained or lost for every dollar spent.
• Profit per Kg/milk ($): profit obtained per liter produced.
• Equivalent per liter produced ($/L): how much a specific cost (e.g., feed) represents for each liter produced.

📌 Usage Recommendations

• Keep feed, reproduction, and health records up to date so the system can automatically calculate costs.
• Compare the animal's values with the farm average to identify more or less efficient animals.
• Use lactation information as a reference for decisions on culling, feeding, or management adjustments.