Dairy economic research
This research analysed the impact of changes in the operating environment on the profitability of Victorian dairy farm systems. It also investigated how farmers can deal with these changes. The analysis involved using case study farms, input from regional stakeholders, and biophysical, economic and risk modelling.
The research was an initiative of the Department of Economic Development, Jobs, Transport and Resources Victoria, Dairy Australia, Murray Dairy, GippsDairy and WestVic Dairy.
Project highlights and achievements
- Analysis of the economic impact of 2002/03 drought on farm performance.
- Analysis of the profitability of different labour saving options, such as automatic cluster removers and automatic flood irrigation.
- Analysis of options for farms located in the high rainfall region of Gippsland and the lower rainfall region of south-west Victoria to remain profitable in the 5 to 10 year timeframe.
- Comparison of the profitability of different feeding systems (grain fed in the dairy and hay in the paddock versus a partial mixed ration).
Project fact sheets
- Dairy Directions Project Profile
- Managing the economics of feed supply on dairy farms Project Profile
- Benefit-cost of price risk management options for purchasing grain
- Comparing the profitability of a dairy business with off-farm investments
- Managing feed over runs of poor & average conditions
- Profitability of short-term partial mixed ration feeding decisions
- Whole farm investment analysis of a PMR feeding system for dairy cows
- Expanding a dairy business affects business risk and financial risk
- Alternative futures for a dairy farm under increased water availability
- Carryover water - does it pay?
- Cost of growing fodder on an outblock in Northern Victoria
- A case study from the Macalister Irrigation District
- Shade for dairy cows in northern Victoria - does it pay?
- Irrigation re-use dams - do they pay?
- Making the 'right' change to your dairy farm system
- Automatic Irrigation
- Automatic Cluster Removers in the Dairy
- Once a Day Milking - 2009 Milk Price Drop
- Once a Day Milking - 2009/10 Season
- Sub Surface Drip Irrigation for Grazed Pasture Production
- Sub Surface Drip Irrigation for Lucerne Production
For further information contact Dr Bill Wales, DPI Ellinbank on (03) 5624 2227 or email email@example.com