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 Reports
The dairy business Report – Tocal Dairy
This 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 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 here
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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