lamb carcass value calculator - mintrac · lamb carcass value calculator chris smith graham gardner...
TRANSCRIPT
![Page 1: Lamb carcass value calculator - MINTRAC · Lamb carcass value calculator Chris Smith Graham Gardner Agbiz Solutions, & Murdoch University. Objectives • Lean meat yield (LMY %)](https://reader030.vdocuments.net/reader030/viewer/2022040603/5e9bc78529a1eb52c01897a9/html5/thumbnails/1.jpg)
Lamb carcass value calculator
Chris SmithGraham Gardner
Agbiz Solutions, & Murdoch University
![Page 2: Lamb carcass value calculator - MINTRAC · Lamb carcass value calculator Chris Smith Graham Gardner Agbiz Solutions, & Murdoch University. Objectives • Lean meat yield (LMY %)](https://reader030.vdocuments.net/reader030/viewer/2022040603/5e9bc78529a1eb52c01897a9/html5/thumbnails/2.jpg)
Objectives• Lean meat yield (LMY %).
• Calculator for determining value
• Carcass Plus Index and impact on value
• Cost analysis
• Gross profit analysis
![Page 3: Lamb carcass value calculator - MINTRAC · Lamb carcass value calculator Chris Smith Graham Gardner Agbiz Solutions, & Murdoch University. Objectives • Lean meat yield (LMY %)](https://reader030.vdocuments.net/reader030/viewer/2022040603/5e9bc78529a1eb52c01897a9/html5/thumbnails/3.jpg)
Lean Meat Yield drives profit!But what’s it worth?
![Page 4: Lamb carcass value calculator - MINTRAC · Lamb carcass value calculator Chris Smith Graham Gardner Agbiz Solutions, & Murdoch University. Objectives • Lean meat yield (LMY %)](https://reader030.vdocuments.net/reader030/viewer/2022040603/5e9bc78529a1eb52c01897a9/html5/thumbnails/4.jpg)
Need a tool for rapid calculation of value!
![Page 5: Lamb carcass value calculator - MINTRAC · Lamb carcass value calculator Chris Smith Graham Gardner Agbiz Solutions, & Murdoch University. Objectives • Lean meat yield (LMY %)](https://reader030.vdocuments.net/reader030/viewer/2022040603/5e9bc78529a1eb52c01897a9/html5/thumbnails/5.jpg)
We need to predict cut weight!
![Page 6: Lamb carcass value calculator - MINTRAC · Lamb carcass value calculator Chris Smith Graham Gardner Agbiz Solutions, & Murdoch University. Objectives • Lean meat yield (LMY %)](https://reader030.vdocuments.net/reader030/viewer/2022040603/5e9bc78529a1eb52c01897a9/html5/thumbnails/6.jpg)
We need to predict cut weight!
Use Standard Industry Measures
GR Tissue Depth
Carcase Wt
![Page 7: Lamb carcass value calculator - MINTRAC · Lamb carcass value calculator Chris Smith Graham Gardner Agbiz Solutions, & Murdoch University. Objectives • Lean meat yield (LMY %)](https://reader030.vdocuments.net/reader030/viewer/2022040603/5e9bc78529a1eb52c01897a9/html5/thumbnails/7.jpg)
Predicting topside weight
200300400500600700800900100011001200
300 400 500 600 700 800 900 1000
Topside Weight (g)
Predicted Topside Weight (g)
R2 = 0.64RMSE = 61.5g
![Page 8: Lamb carcass value calculator - MINTRAC · Lamb carcass value calculator Chris Smith Graham Gardner Agbiz Solutions, & Murdoch University. Objectives • Lean meat yield (LMY %)](https://reader030.vdocuments.net/reader030/viewer/2022040603/5e9bc78529a1eb52c01897a9/html5/thumbnails/8.jpg)
Sheep CRC Information Nucleus Flock
![Page 9: Lamb carcass value calculator - MINTRAC · Lamb carcass value calculator Chris Smith Graham Gardner Agbiz Solutions, & Murdoch University. Objectives • Lean meat yield (LMY %)](https://reader030.vdocuments.net/reader030/viewer/2022040603/5e9bc78529a1eb52c01897a9/html5/thumbnails/9.jpg)
Sheep CRC Information Nucleus Flock
Katanning Xbred data set:•168 lambs•Fully boned out•Commercial cuts weighed•HSCW & GR tissue depth
![Page 10: Lamb carcass value calculator - MINTRAC · Lamb carcass value calculator Chris Smith Graham Gardner Agbiz Solutions, & Murdoch University. Objectives • Lean meat yield (LMY %)](https://reader030.vdocuments.net/reader030/viewer/2022040603/5e9bc78529a1eb52c01897a9/html5/thumbnails/10.jpg)
Lamb Value Calculator
![Page 11: Lamb carcass value calculator - MINTRAC · Lamb carcass value calculator Chris Smith Graham Gardner Agbiz Solutions, & Murdoch University. Objectives • Lean meat yield (LMY %)](https://reader030.vdocuments.net/reader030/viewer/2022040603/5e9bc78529a1eb52c01897a9/html5/thumbnails/11.jpg)
Lamb Value Calculator
Estimate cut weights
Enter retail value
Input Carcase Info
![Page 12: Lamb carcass value calculator - MINTRAC · Lamb carcass value calculator Chris Smith Graham Gardner Agbiz Solutions, & Murdoch University. Objectives • Lean meat yield (LMY %)](https://reader030.vdocuments.net/reader030/viewer/2022040603/5e9bc78529a1eb52c01897a9/html5/thumbnails/12.jpg)
Input basic carcase information
![Page 13: Lamb carcass value calculator - MINTRAC · Lamb carcass value calculator Chris Smith Graham Gardner Agbiz Solutions, & Murdoch University. Objectives • Lean meat yield (LMY %)](https://reader030.vdocuments.net/reader030/viewer/2022040603/5e9bc78529a1eb52c01897a9/html5/thumbnails/13.jpg)
Input basic carcase information
Weight
GR
![Page 14: Lamb carcass value calculator - MINTRAC · Lamb carcass value calculator Chris Smith Graham Gardner Agbiz Solutions, & Murdoch University. Objectives • Lean meat yield (LMY %)](https://reader030.vdocuments.net/reader030/viewer/2022040603/5e9bc78529a1eb52c01897a9/html5/thumbnails/14.jpg)
Select the cut specifications
![Page 15: Lamb carcass value calculator - MINTRAC · Lamb carcass value calculator Chris Smith Graham Gardner Agbiz Solutions, & Murdoch University. Objectives • Lean meat yield (LMY %)](https://reader030.vdocuments.net/reader030/viewer/2022040603/5e9bc78529a1eb52c01897a9/html5/thumbnails/15.jpg)
Input the retail values
![Page 16: Lamb carcass value calculator - MINTRAC · Lamb carcass value calculator Chris Smith Graham Gardner Agbiz Solutions, & Murdoch University. Objectives • Lean meat yield (LMY %)](https://reader030.vdocuments.net/reader030/viewer/2022040603/5e9bc78529a1eb52c01897a9/html5/thumbnails/16.jpg)
Estimate weight of cuts
![Page 17: Lamb carcass value calculator - MINTRAC · Lamb carcass value calculator Chris Smith Graham Gardner Agbiz Solutions, & Murdoch University. Objectives • Lean meat yield (LMY %)](https://reader030.vdocuments.net/reader030/viewer/2022040603/5e9bc78529a1eb52c01897a9/html5/thumbnails/17.jpg)
Estimate weight of cuts
![Page 18: Lamb carcass value calculator - MINTRAC · Lamb carcass value calculator Chris Smith Graham Gardner Agbiz Solutions, & Murdoch University. Objectives • Lean meat yield (LMY %)](https://reader030.vdocuments.net/reader030/viewer/2022040603/5e9bc78529a1eb52c01897a9/html5/thumbnails/18.jpg)
Cut values calculated
![Page 19: Lamb carcass value calculator - MINTRAC · Lamb carcass value calculator Chris Smith Graham Gardner Agbiz Solutions, & Murdoch University. Objectives • Lean meat yield (LMY %)](https://reader030.vdocuments.net/reader030/viewer/2022040603/5e9bc78529a1eb52c01897a9/html5/thumbnails/19.jpg)
Cut values calculated
![Page 20: Lamb carcass value calculator - MINTRAC · Lamb carcass value calculator Chris Smith Graham Gardner Agbiz Solutions, & Murdoch University. Objectives • Lean meat yield (LMY %)](https://reader030.vdocuments.net/reader030/viewer/2022040603/5e9bc78529a1eb52c01897a9/html5/thumbnails/20.jpg)
Outputs Carcase Value
Carcase valuecalculated!
![Page 21: Lamb carcass value calculator - MINTRAC · Lamb carcass value calculator Chris Smith Graham Gardner Agbiz Solutions, & Murdoch University. Objectives • Lean meat yield (LMY %)](https://reader030.vdocuments.net/reader030/viewer/2022040603/5e9bc78529a1eb52c01897a9/html5/thumbnails/21.jpg)
… and here’s a fatter carcase!
25mm GR
Worth less!
![Page 22: Lamb carcass value calculator - MINTRAC · Lamb carcass value calculator Chris Smith Graham Gardner Agbiz Solutions, & Murdoch University. Objectives • Lean meat yield (LMY %)](https://reader030.vdocuments.net/reader030/viewer/2022040603/5e9bc78529a1eb52c01897a9/html5/thumbnails/22.jpg)
Using lamb value calculator for research
![Page 23: Lamb carcass value calculator - MINTRAC · Lamb carcass value calculator Chris Smith Graham Gardner Agbiz Solutions, & Murdoch University. Objectives • Lean meat yield (LMY %)](https://reader030.vdocuments.net/reader030/viewer/2022040603/5e9bc78529a1eb52c01897a9/html5/thumbnails/23.jpg)
Australian Sheep Breeding Values
• Growth• Leanness • Muscling
Industry Indices• Carcass plus
![Page 24: Lamb carcass value calculator - MINTRAC · Lamb carcass value calculator Chris Smith Graham Gardner Agbiz Solutions, & Murdoch University. Objectives • Lean meat yield (LMY %)](https://reader030.vdocuments.net/reader030/viewer/2022040603/5e9bc78529a1eb52c01897a9/html5/thumbnails/24.jpg)
Carcass Plus
OLD NEW
Growth 60Growth (pre weaning)
Muscle 20
Leanness 20
![Page 25: Lamb carcass value calculator - MINTRAC · Lamb carcass value calculator Chris Smith Graham Gardner Agbiz Solutions, & Murdoch University. Objectives • Lean meat yield (LMY %)](https://reader030.vdocuments.net/reader030/viewer/2022040603/5e9bc78529a1eb52c01897a9/html5/thumbnails/25.jpg)
Carcass Plus
OLD NEW
Growth 60 35Growth (pre weaning) 30
Muscle 20 30
Leanness 20 5
![Page 26: Lamb carcass value calculator - MINTRAC · Lamb carcass value calculator Chris Smith Graham Gardner Agbiz Solutions, & Murdoch University. Objectives • Lean meat yield (LMY %)](https://reader030.vdocuments.net/reader030/viewer/2022040603/5e9bc78529a1eb52c01897a9/html5/thumbnails/26.jpg)
Carcass Plus
OLD NEW
Growth 60 35Growth (pre weaning) 30
Muscle 20 30
Leanness 20 5
Is there a cost?
![Page 27: Lamb carcass value calculator - MINTRAC · Lamb carcass value calculator Chris Smith Graham Gardner Agbiz Solutions, & Murdoch University. Objectives • Lean meat yield (LMY %)](https://reader030.vdocuments.net/reader030/viewer/2022040603/5e9bc78529a1eb52c01897a9/html5/thumbnails/27.jpg)
Sheep CRC Information Nucleus Flock
![Page 28: Lamb carcass value calculator - MINTRAC · Lamb carcass value calculator Chris Smith Graham Gardner Agbiz Solutions, & Murdoch University. Objectives • Lean meat yield (LMY %)](https://reader030.vdocuments.net/reader030/viewer/2022040603/5e9bc78529a1eb52c01897a9/html5/thumbnails/28.jpg)
CT scanning
![Page 29: Lamb carcass value calculator - MINTRAC · Lamb carcass value calculator Chris Smith Graham Gardner Agbiz Solutions, & Murdoch University. Objectives • Lean meat yield (LMY %)](https://reader030.vdocuments.net/reader030/viewer/2022040603/5e9bc78529a1eb52c01897a9/html5/thumbnails/29.jpg)
Lean yield by sectionLean
log Hind Lean = log a + b.log carcass weight
log Saddle Lean = log a + b.log carcass weight
log Fore Lean = log a + b.log carcass weight
![Page 30: Lamb carcass value calculator - MINTRAC · Lamb carcass value calculator Chris Smith Graham Gardner Agbiz Solutions, & Murdoch University. Objectives • Lean meat yield (LMY %)](https://reader030.vdocuments.net/reader030/viewer/2022040603/5e9bc78529a1eb52c01897a9/html5/thumbnails/30.jpg)
‐3
‐1
1
3
5
7
130 140 150 160 170 180 190 200 210
% differen
ce in
hind lean
weight
New Carcase Plus
‐3
‐1
1
3
5
7
130 140 150 160 170 180 190 200 210
% differen
ce in
sad
dle lean
weight
New Carcase Plus
‐3
‐1
1
3
5
7
130 140 150 160 170 180 190 200 210% differen
ce in
sad
dle lean
weight
Old Carcase Plus
‐3
‐1
1
3
5
7
130 140 150 160 170 180 190 200 210
% differen
ce in
hind lean
weight
Old Carcase Plus
2.8%3.3%
6.4% 5.2%
P < 0.01
Old Carcase Plus New Carcase Plus
‐3
‐1
1
3
5
7
130 140 150 160 170 180 190 200 210
% differen
ce in
fore lean
weight
Sire ‐ Old Carcase Plus
2.2%
No effect
![Page 31: Lamb carcass value calculator - MINTRAC · Lamb carcass value calculator Chris Smith Graham Gardner Agbiz Solutions, & Murdoch University. Objectives • Lean meat yield (LMY %)](https://reader030.vdocuments.net/reader030/viewer/2022040603/5e9bc78529a1eb52c01897a9/html5/thumbnails/31.jpg)
Chris Smith 2012
Value of Lean by section
![Page 32: Lamb carcass value calculator - MINTRAC · Lamb carcass value calculator Chris Smith Graham Gardner Agbiz Solutions, & Murdoch University. Objectives • Lean meat yield (LMY %)](https://reader030.vdocuments.net/reader030/viewer/2022040603/5e9bc78529a1eb52c01897a9/html5/thumbnails/32.jpg)
‐3
‐1
1
3
5
7
130 140 150 160 170 180 190 200 210
% differen
ce in
hind lean
weight
New Carcase Plus
‐3
‐1
1
3
5
7
130 140 150 160 170 180 190 200 210
% differen
ce in
sad
dle lean
weight
New Carcase Plus
‐3
‐1
1
3
5
7
130 140 150 160 170 180 190 200 210% differen
ce in
sad
dle lean
weight
Old Carcase Plus
‐3
‐1
1
3
5
7
130 140 150 160 170 180 190 200 210
% differen
ce in
hind lean
weight
Old Carcase Plus
2.8%3.3%
6.4% 5.2%
P < 0.01
Old Carcase Plus New Carcase Plus
‐3
‐1
1
3
5
7
130 140 150 160 170 180 190 200 210
% differen
ce in
fore lean
weight
Sire ‐ Old Carcase Plus
2.2%
No effect
![Page 33: Lamb carcass value calculator - MINTRAC · Lamb carcass value calculator Chris Smith Graham Gardner Agbiz Solutions, & Murdoch University. Objectives • Lean meat yield (LMY %)](https://reader030.vdocuments.net/reader030/viewer/2022040603/5e9bc78529a1eb52c01897a9/html5/thumbnails/33.jpg)
No effect
‐3
‐1
1
3
5
7
130 140 150 160 170 180 190 200 210
% differen
ce in
hind lean
weight
New Carcase Plus
‐3
‐1
1
3
5
7
130 140 150 160 170 180 190 200 210
% differen
ce in
sad
dle lean
weight
New Carcase Plus
‐3
‐1
1
3
5
7
130 140 150 160 170 180 190 200 210
% differen
ce in
fore lean
weight
Old Carcase Plus
‐3
‐1
1
3
5
7
130 140 150 160 170 180 190 200 210% differen
ce in
sad
dle lean
weight
Old Carcase Plus
‐3
‐1
1
3
5
7
130 140 150 160 170 180 190 200 210
% differen
ce in
hind lean
weight
Old Carcase Plus
2.8%3.3%
6.4% 5.2%
2.2%
P < 0.01
Old Carcase Plus New Carcase Plus
3.3%
6.4%
2.2%
5.2%
2.8%
% change % changekg lean g lean$ change $ change
No change
TOTAL $9.27 $6.49
$5.21
$2.67
$4.23
$2.26
$1.39 $0
157g
214g
0
157g
133g
92g
![Page 34: Lamb carcass value calculator - MINTRAC · Lamb carcass value calculator Chris Smith Graham Gardner Agbiz Solutions, & Murdoch University. Objectives • Lean meat yield (LMY %)](https://reader030.vdocuments.net/reader030/viewer/2022040603/5e9bc78529a1eb52c01897a9/html5/thumbnails/34.jpg)
‐3
‐1
1
3
5
7
130 140 150 160 170 180 190 200 210
% differen
ce in
hind lean
weight
New Carcase Plus
‐3
‐1
1
3
5
7
130 140 150 160 170 180 190 200 210
% differen
ce in
sad
dle lean
weight
New Carcase Plus
‐3
‐1
1
3
5
7
130 140 150 160 170 180 190 200 210
% differen
ce in
fore lean
weight
Old Carcase Plus
‐3
‐1
1
3
5
7
130 140 150 160 170 180 190 200 210% differen
ce in
sad
dle lean
weight
Old Carcase Plus
‐3
‐1
1
3
5
7
130 140 150 160 170 180 190 200 210
% differen
ce in
hind lean
weight
Old Carcase Plus
2.8%3.3%
6.4% 5.2%
2.2%
P < 0.01
Old Carcase Plus New Carcase Plus
3.3%
6.4%
2.2%
5.2%
2.8%
% change % changekg lean g lean$ change $ change
No change
TOTAL $9.27 $6.49
$5.21
$2.67
$4.23
$2.26
$1.39 $0
157g
214g
0
157g
133g
92g
$2.78 more value with Old Carcase Plus
![Page 35: Lamb carcass value calculator - MINTRAC · Lamb carcass value calculator Chris Smith Graham Gardner Agbiz Solutions, & Murdoch University. Objectives • Lean meat yield (LMY %)](https://reader030.vdocuments.net/reader030/viewer/2022040603/5e9bc78529a1eb52c01897a9/html5/thumbnails/35.jpg)
Using lamb value calculator to
Estimate processing costs
![Page 36: Lamb carcass value calculator - MINTRAC · Lamb carcass value calculator Chris Smith Graham Gardner Agbiz Solutions, & Murdoch University. Objectives • Lean meat yield (LMY %)](https://reader030.vdocuments.net/reader030/viewer/2022040603/5e9bc78529a1eb52c01897a9/html5/thumbnails/36.jpg)
Lamb Value Calculator
DetermineProcessing Costs
![Page 37: Lamb carcass value calculator - MINTRAC · Lamb carcass value calculator Chris Smith Graham Gardner Agbiz Solutions, & Murdoch University. Objectives • Lean meat yield (LMY %)](https://reader030.vdocuments.net/reader030/viewer/2022040603/5e9bc78529a1eb52c01897a9/html5/thumbnails/37.jpg)
Costs and Other Revenue
• S/F and Boning Revenue• Fixed and Variable Cost
– Pre slaughter/Slaughter– OTH Grid
– Differential boning Costs
![Page 38: Lamb carcass value calculator - MINTRAC · Lamb carcass value calculator Chris Smith Graham Gardner Agbiz Solutions, & Murdoch University. Objectives • Lean meat yield (LMY %)](https://reader030.vdocuments.net/reader030/viewer/2022040603/5e9bc78529a1eb52c01897a9/html5/thumbnails/38.jpg)
Costs and S/F Revenue
![Page 39: Lamb carcass value calculator - MINTRAC · Lamb carcass value calculator Chris Smith Graham Gardner Agbiz Solutions, & Murdoch University. Objectives • Lean meat yield (LMY %)](https://reader030.vdocuments.net/reader030/viewer/2022040603/5e9bc78529a1eb52c01897a9/html5/thumbnails/39.jpg)
Using lamb value calculator for
Gross Profit Analysis
![Page 40: Lamb carcass value calculator - MINTRAC · Lamb carcass value calculator Chris Smith Graham Gardner Agbiz Solutions, & Murdoch University. Objectives • Lean meat yield (LMY %)](https://reader030.vdocuments.net/reader030/viewer/2022040603/5e9bc78529a1eb52c01897a9/html5/thumbnails/40.jpg)
Lamb Value Calculator
DetermineGross Profit
![Page 41: Lamb carcass value calculator - MINTRAC · Lamb carcass value calculator Chris Smith Graham Gardner Agbiz Solutions, & Murdoch University. Objectives • Lean meat yield (LMY %)](https://reader030.vdocuments.net/reader030/viewer/2022040603/5e9bc78529a1eb52c01897a9/html5/thumbnails/41.jpg)
Carcase Gross Profits
![Page 42: Lamb carcass value calculator - MINTRAC · Lamb carcass value calculator Chris Smith Graham Gardner Agbiz Solutions, & Murdoch University. Objectives • Lean meat yield (LMY %)](https://reader030.vdocuments.net/reader030/viewer/2022040603/5e9bc78529a1eb52c01897a9/html5/thumbnails/42.jpg)
Primal Gross Profit
![Page 43: Lamb carcass value calculator - MINTRAC · Lamb carcass value calculator Chris Smith Graham Gardner Agbiz Solutions, & Murdoch University. Objectives • Lean meat yield (LMY %)](https://reader030.vdocuments.net/reader030/viewer/2022040603/5e9bc78529a1eb52c01897a9/html5/thumbnails/43.jpg)
Primal Gross $ Profit vs. Retail Value
![Page 44: Lamb carcass value calculator - MINTRAC · Lamb carcass value calculator Chris Smith Graham Gardner Agbiz Solutions, & Murdoch University. Objectives • Lean meat yield (LMY %)](https://reader030.vdocuments.net/reader030/viewer/2022040603/5e9bc78529a1eb52c01897a9/html5/thumbnails/44.jpg)
Impact of CW and GR on Gross Profit?
![Page 45: Lamb carcass value calculator - MINTRAC · Lamb carcass value calculator Chris Smith Graham Gardner Agbiz Solutions, & Murdoch University. Objectives • Lean meat yield (LMY %)](https://reader030.vdocuments.net/reader030/viewer/2022040603/5e9bc78529a1eb52c01897a9/html5/thumbnails/45.jpg)
Impact of CW and GR on Gross Profit?
![Page 46: Lamb carcass value calculator - MINTRAC · Lamb carcass value calculator Chris Smith Graham Gardner Agbiz Solutions, & Murdoch University. Objectives • Lean meat yield (LMY %)](https://reader030.vdocuments.net/reader030/viewer/2022040603/5e9bc78529a1eb52c01897a9/html5/thumbnails/46.jpg)
Impact of CW and GR on Gross Profit?
![Page 47: Lamb carcass value calculator - MINTRAC · Lamb carcass value calculator Chris Smith Graham Gardner Agbiz Solutions, & Murdoch University. Objectives • Lean meat yield (LMY %)](https://reader030.vdocuments.net/reader030/viewer/2022040603/5e9bc78529a1eb52c01897a9/html5/thumbnails/47.jpg)
Lamb Value Calculator
![Page 48: Lamb carcass value calculator - MINTRAC · Lamb carcass value calculator Chris Smith Graham Gardner Agbiz Solutions, & Murdoch University. Objectives • Lean meat yield (LMY %)](https://reader030.vdocuments.net/reader030/viewer/2022040603/5e9bc78529a1eb52c01897a9/html5/thumbnails/48.jpg)
Want to use it?• Funded opportunities
• Support to use the calculator for Gross Profit Analysis
• Contact AMPC
– Melissa Neal (AMPC Lamb Supply Chain Officer)