What is Standardized Performance Analysis (SPA)???
Standardized Performance Analysis is a management tool designed to enable producers to complete an integrated financial, production, and marketing analysis of their entire farming operation using farm financial statements and other data. By integrating the SPA method of farm analysis with their current record keeping system, producers can calculate their unit cost of production and measures of profitability, and thereby be better informed to meet their business and marketing objectives. The original SPA program was designed as a management tool for the beef cattle industry. The program was designed by the Texas Cooperative Extension Service in response to a request from the National Cattlemens Association. The idea was to help producers improve performance by identifying areas in which they could make adjustments within their operations. The use of the Cow-Calf Standardized Performance Analysis has provided a meaningful collection of production and financial information for use by cow/
