The most profitable beef producers get pasture utilisation and animal health right as a first priority.
"There is one common attribute shared by the top 20% of beef producers but not measured with a key performance indicator that delivers results. They are profit focused. Not production focused, not price focused, not cost focused," said Mr Sandy McEachern, Holmes Sackett.
But aren't all producers profit focused?
"The litmus test is the extent of the change that producers are prepared to make in the pursuit of profitability. The most profitable are prepared to change all aspects of the business, regardless of the strength of the paradigm, to become more profitable," Mr McEachern explained.
Mr McEachern will discuss the big levers that drive profit in a beef business at the Graham Centre Beef Forum being held at the Charles Sturt University Convention Centre, Wagga Wagga, on Friday 14 August.