NSW Dairy Farm Monitor Project
The Dairy Farm Monitor Project (DFMP) provides profitability and productivity data for a range of farms across New South Wales. It allows farmers to compare their performance against other farms, and identify areas for improvement.
Dairy Farm Monitor Project 2015-16
2015-16 was the fifth year for the DFMP in NSW. The data collected and analysed from 35 farms across New South Wales this year showed profits declined on last year, particularly in the South group of farms. This was predominantly driven by lower milk prices and higher costs of production.
Seasonal conditions were variable across the state, with a very good spring in 2015, an average summer, a very dry autumn followed by a wet winter in many regions in 2016. This provided a challenge for farmers to manage home grown feed, although grain prices were lower than the previous year.
Following a favourable year in 2014/15, overall the NSW dairy industry performed strongly again in 2015-16, with milk production holding steady on the previous year at 1.165 billion litres.
Previous annual reports