KY BEEF IRM

SPA

Standardized Performance Analysis
Beef Cow Business Records

Standardized Performance Analysis, known as SPA, is a financial tool developed by Iowa State University. SPA targets both the efficiencies and deficiencies of beef cow-calf enterprises, offering enterprise specific data measuring the financial performances of cow-calf, hay, and pasture enterprises. SPA offers an analysis of "out-of-pocket" expenses and opportunity costs.

SPA Summary Highlights

The SPA summary report provides an in depth look at costs and returns of each targeted enterprise. Summary highlights include:

	Returns to Cow-Calf Enterprise
	Costs for Cow-Calf Enterprise
	Costs/Cwt. For Cow-Calf Enterprise
	Production and Sales for Cow-Calf Enterprise
	Forage Production Costs
	Pasture Summary
	Aftermath Grazing Summary
	Reproduction Measures
	Production Performance
	Summary of Investment per Breeding Cow
	Summary of Investment per Pasture Acre
	Total Capital Investment/Cow

How to Get Started with SPA?

SPA is primarily designed to benefit cow-calf producers. The University of Kentucky is currently offering SPA as a free service, with all data entry performed by the University. The SPA program works hand in hand with CHAPS 2000; however, CHAPS is not a requirement. The SPA Financial Workbook can be obtained by contacting:

Arren Heenan
176 Pasadena Drive
Lexington, KY 40503
Phone: (859) 278-0899
Email: arrenheenan@uky.edu