Analytics are becoming more important than ever before. With so much capital at risk and so much volatility in the business world in today's fast-paced business market, good data and good analytics are required to ensure profitability.
The cattle industry at large needs to consider analyzing production metrics. The industry does a good job of this, but risk management and proper tools can help manage risks better in the modern business world and will help the beef industry be better positioned to grow in the future.
It starts with collecting the right data and knowing how to develop good analytics. Elanco's Full Value Beef and Benchmark services can help you, but the first step is enrolling, and then the help you need will be available.
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