Highest Profit in NSW Dairy Farm Monitor in 10 Years

01/01/2022 28 min Temporada 1 Episodio 8
Highest Profit in NSW Dairy Farm Monitor in 10 Years

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Episode Synopsis

This year marks the tenth year of the Dairy Farm Monitor Project in NSW and the most profitable we have seen in that period with an average operating profit or Earnings Before Interest and Tax of $2.07/kgMS which translated into a 4.9% RoTA. This project involves a detailed physical and financial analysis of dairying businesses in NSW and saw 41 farms participate this year, the highest number to date. Participating farms are anonymous and receive an individual farm report.The Department of Primary Industries manage this project in NSW with funding and support from Dairy Australia and this month we see Sheena in the hot seat being interviewed about some of the drivers behind the results by colleague Zita Ritchie who is a Dairy Development Officer based at Wollongbar in Northern NSW.Useful resources related to this podcast:NSW Dairy Farm Monitor Annual ReportsNSW DFMP Interactive ReportThe dairy business Report – Tocal DairyThis podcast is an initiative of the NSW DPI Dairy Business Advisory Unit – visit for further information and resources.It is brought to you in partnership the Hunter Local Land ServicesPlease share this podcast with your fellow farmers and colleagues and feel free to contact us with suggestions or comments via this email address [email protected] NSW DPI Dairy channels to follow and subscribe to include;NSW DPI Dairy Facebook pageDPI Intensive Livestock Twitter feedNSW DPI Dairy NewsletterTranscript hereProduced by Video LiftThe information discussed in this podcast are for informative and educational purposes only and do not constitute advice.