Hello all!

Hopefully you are already aware of the Cornell Meat Price & Yield Calculator, part of MeatSuite.com. The Calculator, a project of Cornell Cooperative Extension of Tompkins County, has recently been improved and updated in order to better serve you, and we are excited to share these updates.

If you know the site already, you know that the Calculator assists with cost accounting and product pricing, most notably helping with the difficult tasks of accurately valuing cost of production and your labor. The Calculator now features an improved cost of production break-out and separate entries for marketing labor cost and desired marketing profit. Also, costs and profit goals can be entered as a percentage mark-up or as a flat dollar-per-head value. Another new feature is the printable/downloadable price sheet – after you fine tune your prices the site gathers them into PDF to print or save.

The Price Calculator also enables farmers to effectively manage the inventory of individual cuts through pricing. The “magic” of the site lies in the ability to manipulate the prices of cuts based on their proportion of a carcass and the degree of consumer demand while maintaining the desired level of profit per head.

We hope that you will try the Calculator and encourage the livestock farmers you work with to test their current pricing. These new features make the tool even more useful for ensuring that a user has the right pricing structure and marketing channel(s).

Find the Calculator at calculator.meatsuite.com

Learn more about the Calculator in Part IV of a four-part Meat Marketing series found at: https://dyson.cornell.edu/outreach/documents/smart-marketing-2018-01.pdf

If you have questions about the Calculator project or need technical assistance, please contact Matt LeRoux, Ag. Marketing Specialist at mnl28@cornell.edu. This material is based upon work supported by USDA/NIFA under Award Number 2015-49200-24225.

Thank you for your support!

All best,

Kina and Matt

Kina Viola
Local Farm & Food Promotion Coordinator
Cornell Cooperative Extension – Tompkins County
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