It includes the precise loading of individual ingredients and the subsequent Total mixed ration TMR mixing, tracking of feed intakes, management of feed costs, and others. One of the key benefits of using feed management technology is the ability to continually track and maximize Maximize income over feed cost figures. it enables automatic alerts to notify when stock levels reach a certain point, and in some cases, automatic re-ordering can be set up. Feed inventory allows farmers to accurately monitor and balance quantities of feed given to the animals against quantities of feed held on-farm. Keeping track of feed inventory on-farm is a manual task that usually involves a different set of management challenges. Feed management software market is anticipated to grow at a significant CAGR of 6.9% during the forecast period.
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