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Profitability Insights From 10 Years of Dairy Farm Monitor in NSW
Manage episode 335999796 series 2932023
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In this episode we take a look at features of the Top 25% of NSW Dairy Farm Monitor Farms in terms of their profitability and productivity over the last 10 years.
Funding from the NSW Farm Business Resilience Program enabled this project to happen. It has highlighted key physical and financial traits of the top performers such as herd size, usable land area, production, stocking rate, cow and labour efficiency and cost of production.
Farmers and industry are always keen to understand features of profitable dairy businesses under different conditions. In Australia we are fortunate to have a national program led by Dairy Australia called the Dairy Farm Monitor Project that enables us to do this across the different dairying regions with the support of generous anonymous dairy farmers who provide their time and information. This supports individual businesses understand their performance but also provides us with insight into farm performance during the course of a year and trends over time.
Useful resources related to this podcast:
NSW Dairy Farm Monitor Annual Reports
NSW DPI Dairy Breakfast (webinar) recording
This podcast is an initiative of the NSW DPI Dairy Business Advisory Unit
It is brought to you in partnership the Hunter Local Land Services
Please share this podcast with your fellow farmers and colleagues and feel free to contact us with suggestions or comments via this email address thebusinessofdairy@gmail.com
Further NSW DPI Dairy channels to follow and subscribe to include;
DPI Intensive Livestock Twitter feed
Transcript
Produced by Video Lift
The information discussed in this podcast are for informative and educational purposes only and do not constitute advice.
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