Farm inventory: what you have in stock
A farm inventory is a count of your animals, feed, medicines and supplies on a set date, including quantities and values. An accurate inventory tells you how much feed remains, how many animals are in each group and what your stocks are worth. Start here when planning feed and controlling costs.
How do you work out how long feed will last?
For example, you have 12 tonnes of hay and 4 tonnes of barley on 1 October. Divide each feed's stock by the amount you plan to feed daily to work out how many days it will last.
How can HerdMobile help?
HerdMobile helps you follow feed stocks and herd numbers and calculate daily rations. Use those quantities to work out how many days your stored feed will last.
Questions from the farm
How often should you take a farm inventory?
Count feed and animals on regular dates, such as at month end or before a change of season. Regular stocktaking helps you base your feeding plan on what you actually have in store.
Why does inventory matter for farm finances?
Accurate stock values help you calculate production costs and margins. Counting what remains in store helps you include purchased feed correctly in your costs, without counting it twice or leaving it out.
How HerdMobile helps
Bring your animals, feed stocks and farm accounts together on your Android phone. HerdMobile keeps your daily work moving offline: record events, compare feed quantities and follow sales and payments in one place. Use your own feeds and herd information to prepare a ration, then keep a backup file under your control.
Use your feed stocks, herd numbers and daily feeding amounts to work out how many days of feed remain for your animals.
