I can hardly think of any other sector than agriculture where efficiency is such as crucial part of the business. I believe this is because agriculture is often left to the whims of nature, works with live animals, has to comply with environmental issues and is often dependent on others to get the raw materials in with the desired quality and nutritional profile. In animal production systems, the term ‘efficiency’ often refers to ‘feed efficiency’. This is logical, as feed costs represe
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