The Importance of Record Keeping and how It Affects the Bottom Line

Take a moment to consider how you keep your farm records.  Whether you use your memory, yellow sticky notes or a formal journal, your farm records should be detailed and orderly.  Keeping a paper record provides important insight into the specific mares that are reproducing better than the rest.  This is quite the important means of highlighting the mares that make the best impact on your bottom line. Want to know how Richard Schibell Racing does it? Keep reading below!

Documenting, Tracking and Safely Storing Data

Breeding sheds are typicality the area where record-keeping is most important.  Everything from insemination to anticipated foaling dates, prior breeding information and ultrasounds must be documented, tracked and stored.  The aim of breeding farms is to generate high-quality live foals.  Several important factors can be plucked from these breeding records to determine whether the goal was attained.  As an example, consider the pregnancy rate.  This is the number of of young bred on any given day compared to the number of mares that are pregnant on that day.

Foaling rates are another example of a key metric commonly used by horse breeders.  This rate is the percentage of breedings that generate a live foal.  This rate is generated through a comparison of the number of mares that have been bred to the number of living foals.  This rate is commonly used to analyze the overall efficiency rate.

Breeding Records and the Role of Stallions

Breeding records offer important insight that helps breeders make informed decisions.  For example, this information can help when deciding which mares are ideal for breeding and when mares are most likely to conceive.  The data from the mare’s prior breeding season really will help prepare for the breeding and empower the manager to forecast upcoming breeding as accurately as possible.  It also helps to gauge the stallion’s average production of semen across the entirety of the breeding seasons.  This information will make it easier to gauge the anticipated level of semen produced and the number of mare bookings that will result.  If the semen quantity or quality changes unexpectedly, it is an indication the stallion has a health issue.

If you have any questions regarding proper record keeping techniques, feel free to contact us. You can also follow Richard Schibell directly on twitter or LinkedIn to stay up to date. Don’t forget to keep checking for new articles on the Richard Schibell Racing blog!