Tracking streamlines production

Beeftrak gives producers, feeders, processors and retailers access to an Internet-based tool to define and research needs and to execute business transactions.

At every stage of production - especially the 18 months when animals are on the ranch and feedlot - there is substantial inefficiency in the beef supply chain. Beeftrak targets these inefficiencies and captures an additional $80 - $120 per animal of additional value. In Canada alone this amounts to a staggering $400,000,000 to $600,000,000 a year for an annual calf crop of 5,000,000 animals. Here is how:

Benefits for the Supply Chain

1. Reduced duplication of management procedures
   • Unnecessary revaccination
   • Duplicated parasite treatments
2. Improved timing and coordination of management procedures
   • Castration
   • Dehorning
   • Elimination of branding (damage to hide and loss of value)
3. Coordination of nutritional needs
4. Reduced performance losses with dietary changes
5. Reduced weight loss due to excessive or unnecessary transportation
6. Creation of marketplace alliances through the Viewtrak platform

Benefits for Lenders and Buyers

The cattle industry faces major issues related to loan collateralization and conversion. Beeftrak offers an easy way for buyers and lenders to audit assets and be assured that cattle are free and clear of any liens or encumbrances and that the rightful owner is being paid. Similarly, Beeftrak assists financial institutions to determine the market value of cattle in their loan portfolios.