Dairy Australia - Dairy information for Australian Dairy Farmers and the industry

Primary content

We are committed to supporting Australian farm businesses by enhancing the skill and capability of dairy farmers.

  • Farm business information

    Farm business information

    Objectives

    To provide dairy farmers, service providers and industry with good quality farm business management tools that can be effectively used to help dairy farmers respond to challenges and opportunities.

    3 year plan focus

    • Increase dairy farmer and adviser uptake and use of DairyBase
    • Integration of DairyBase and Dairy Farm Monitor Project (DFMP)
    • Enhanced analysis and reporting of farm performance data

  • Farm business management capability

    Farm business management capability

    Objectives

    • Dairy farmers increase profitability by improved decision making based on appropriate analysis and tools;
    • To improve the advisory capability available to farmers to improve decision making

    3 year plan focus

    Development and roll out of farm business management programs (Levels I-III):

    • I Financial Literacy for Dairy Farmers
    • II Making Sense of Farm Business
    • III Making Sense of Farm Systems
    • Develop farmer and adviser capability

Farm business management

Market need/context

Australian dairy farms face many challenges to profit though better performing dairy farms from across all regions generate the returns that allows for long-term wealth creation. To improve profitability and manage risk, farmers require a range of farm business management skills. The Farm Business Management program will provide tools and programs which focus on maximising profit and managing risk. The target audience is farmers and service providers with a focus on profitability.

General approach/strategy

  • There is currently significant variation in profitability and ROA across Australia's dairy farms. The increase in production costs and volatility in income has resulted in many dairy farmers taking a year-to-year perspective on farm financial performance. Under these conditions, many dairy farmers have found it difficult to focus on wealth creation over the longer term. Average debt per farm has increased over the past decade which has resulted in a higher proportion of farm income required to meet interest payments.
  • DA will support farmers in addressing these issues by providing decision making support (capability and tools). The farm business management initiatives will be delivered via a number of approaches including; regional expert reference groups, training and development of private providers, resource sharing and development (DairyNZ), use of case study farms, information workshops and web based electronic information.

Major Initiatives

Focus Farms

Dairy Australia has established a network of Focus Farms to support farmer decision making.

DairyBase

DairyBase is a web-based tool that enables dairy farmers to measure and compare their farm business performance over time.

More Initiatives