Curriculum · Module 09
The Money
Per animal, per LSU and per hectare are three different questions, and each lies in a predictable direction. This module fixes the denominators, shows where the money actually goes, teaches how SA prices are formed and which comparisons between them are meaningless, and finishes by auditing a published budget whose own arithmetic does not add up.
- 38 Three Profit Equations and Three Denominators Settles that per-animal, per-LSU and per-hectare profit are three different questions, each of which lies in a predictable way. Write the three profit equations for your own enterprise, with the denominator named on eachName the specific distortion each of the three denominators introducesApply the three-legged scorecard to a claimed regenerative success, including your own 13 min
- 39 Where the Money Actually Goes Settles the cost structure of an SA extensive livestock enterprise, and the risks that must be budgeted rather than hoped away. Rank your own variable costs against the SA benchmark decompositionBudget stock theft and predation as annual line items rather than tail risksGet a defensible capital figure in a domain where no published SA benchmark exists 13 min
- 40 Reading Price Signals: the Grid and the Series Settles how SA livestock prices are formed and reported, and which comparisons between them are meaningless. Name the SA price series you will follow weekly and state what each one excludesWork the weaner-versus-ox decision arithmetically at current pricesExplain why a grass-fed premium in SA is a channel change rather than a price bonus 14 min
- 41 Reproduction Is the Biggest Economic Lever Settles that reproduction carries the largest share of whole-cycle economic weight, with the cost of a bad calving interval worked in rands. Quantify what your own calving or lambing interval costs over a breeding lifetimeApply a four-step reproduction sequence that requires no new capitalAvoid the carcass-weight floor when reducing cow size 12 min
- 42 Records, Carbon and Rebuilding a Broken Budget Settles the minimum record set that generates every KPI, what ecosystem-service income is really worth, and how to audit a published budget. Set up the seven record fields that mechanically produce every KPI in this courseSize carbon income honestly against your own cost lines before signing anythingAudit a published gross margin and find the arithmetic errors in it 15 min