Dairy Farm Monitor Project



The Dairy Farm Monitor Project (DFMP) provides a comprehensive physical and financial analysis of 250 dairy farms across Australia. It informs decision making and prioritisation by key stakeholders across the industry including Dairy Australia itself, government bodies and other stakeholders in the industry.

The data collected through the DFMP provides high quality comparative data in DairyBase. All dairy farmers can access this data through DairyBase to measure and compare their own farm business performance and identify areas for improvement.

DFMP participants are selected to represent a distribution of farm size, herd size and geographical location within each region. The results and trends reported need to be interpreted carefully as participant farms may not be fully representative of the industry.

Why the Dairy Farm Monitor Project was created

Farmers are making multiple operational and tactical decisions on a daily, weekly and seasonal basis. Some of these decisions can have lasting impact on the profitability and sustainability of their farm.

Dairy Australia provides independent data around a wide range of on-farm practices for farmers to consider when making decisions. This information ensures that the dairy service industry (a broad range of on-farm consultants) can use reliable, independent and useful information and resources to provide the right advice to farmers.

Victorian Dairy Farm Monitor Project

In 2022-23, average profits across Victorian participants rose by 67 per cent to $2.87 per kilogram of milk solids (kg MS). Prices offered for milk supply increased on average by 33 per cent and were the highest on record (accounting for inflation). Livestock trading profits reflected the type of livestock sold and the timing of sales as market prices declined sharply in the second half of the financial year.

Increased costs, most notably for purchased feed, were accompanied by general increases in costs across all categories.

Current Reports

  • 2022-23 Dairy Farm Monitor Annual ReportPDF8.51 MB
  • 2022-23 DFMP Victoria OverviewPDF525.96 KB
  • 2022-23 DFMP Gippsland OverviewPDF1.91 MB
  • 2022-23 DFMP Northern Victoria OverviewPDF1.76 MB
  • 2022-23 DFMP South West Victoria OverviewPDF1.76 MB

Previous Reports

  • DFMP Annual Report 2021-22 VictoriaPDF7.18 MB
  • DFMP 2020-21 Northern Victoria InfographicPDF795.83 KB
  • DFMP 2020-21 Gippsland InfographicPDF915.04 KB
  • DFMP 2020-21 South West Victoria InfographicPDF899.45 KB
  • DFMP 2020-21 Victoria InfographicPDF1.67 MB
  • DFMP Annual Report 2020-21 VictoriaPDF7.67 MB
  • DFMP Victoria Annual Report 2019-20PDF5.43 MB
  • 2018-19 Victoria - DFMP - Annual ReportPDF5.93 MB
  • 2018-19 Gippsland - DFMPPDF655.57 KB
  • 2018-19 Northern Victoria - DFMPPDF644.86 KB
  • 2018-19 South West Victoria - DFMPPDF682.03 KB
  • 2018-19 Victoria - DFMPPDF556.38 KB
  • DFMP Feature Article 2007 08PDF103.71 KB
  • DFMP Feature Article 2008 09PDF122.32 KB
  • DFMP Feature Article 2009 10PDF2.93 MB
  • DFMP Feature Article 2010 11PDF447.33 KB
  • DFMP Feature Article 2011 12PDF1.39 MB
  • Victoria DFMP Annual Report 2007 08PDF786.31 KB
  • Victoria DFMP Annual Report 2008 09PDF1.29 MB
  • Victoria DFMP Annual Report 2009 10PDF1.62 MB
  • Victoria DFMP Annual Report 2010 11PDF2.51 MB
  • Victoria DFMP Annual Report 2011 12PDF1.88 MB
  • Victoria DFMP Annual Report 2012 13PDF2.34 MB
  • Victoria DFMP Annual Report 2013 14PDF2.99 MB
  • Victoria DFMP Annual Report 2014 15PDF2.43 MB
  • Victoria DFMP Annual Report 2015 16PDF3.25 MB
  • Victoria DFMP Annual Report 2016 17PDF9.71 MB
  • Victoria DFMP Annual Report 2017 18PDF6.49 MB

NSW Dairy Farm Monitor Project

In 2021/22 the average NSW Farm Monitor profitability declined on the previous year however it was the second highest in the 11-years of the project (accounting for inflation), reflecting the strong performance of many participants with continued high milk prices and strong livestock trading conditions.

Current Report

  • NSW DFMP Annual Report 2021-22PDF4.28 MB
  • DFMP 2021-22 NSW InfographicPDF172.32 KB

Previous Reports

  • NSW DFMP Annual Report 2011-12PDF14.23 MB
  • NSW DFMP Annual Report 2012-13PDF3.75 MB
  • NSW DFMP Annual Report 2013-14PDF1.87 MB
  • NSW DFMP Annual Report 2014-15PDF4.99 MB
  • NSW DFMP Annual Report 2015-16PDF2.61 MB
  • NSW DFMP Annual Report 2016-17PDF2.4 MB
  • NSW DFMP Annual Report 2017-18PDF2.47 MB
  • NSW DFMP Annual Report 2018-19PDF2.76 MB
  • NSW DFMP Annual Report 2019-20PDF2.25 MB
  • NSW DFMP Annual Report 2020-21PDF3.82 MB

SA Dairy Farm Monitor Project

  • DFMP Annual Report 2021-22 SAPDF4.51 MB

Previous Reports

  • DFMP Annual Report 2012-13 SAPDF925.97 KB
  • DFMP Annual Report 2013-14 SAPDF1.38 MB
  • DFMP Annual Report 2014-15 SAPDF2.52 MB
  • DFMP Annual Report 2015-16 SAPDF4.53 MB
  • DFMP Annual Report 2016-17 SAPDF1.24 MB
  • DFMP Annual Report 2017-18 SAPDF2.68 MB
  • DFMP Annual Report 2018-19 SAPDF1.44 MB
  • DFMP Annual Report 2019-20 SAPDF3.07 MB
  • DFMP Annual Report 2020-21 SAPDF4.18 MB

Queensland Dairy Accounting Scheme

Current Report

  • QLD Dairy Accounting Scheme Report 2021PDF1.94 MB

Previous Reports

  • QLD Dairy Accounting Scheme Report 2008PDF1.99 MB
  • QLD Dairy Accounting Scheme Report 2009PDF2.78 MB
  • QLD Dairy Accounting Scheme Report 2010PDF2.61 MB
  • QLD Dairy Accounting Scheme Report 2011PDF2.64 MB
  • QLD Dairy Accounting Scheme Report 2012PDF3.26 MB
  • QLD Dairy Accounting Scheme Report 2013PDF3.77 MB
  • QLD Dairy Accounting Scheme Report 2014PDF3.08 MB
  • QLD Dairy Accounting Scheme Report 2016PDF4.9 MB
  • QLD Dairy Accounting Scheme Report 2017PDF6.19 MB
  • QLD Dairy Accounting Scheme Report 2018PDF4.71 MB

Tasmanian Dairy Farm Monitor Project

Current Report

  • Tasmania DFMP Annual Report 2021-22PDF5.33 MB

Previous Reports

  • DFMP Tasmania Annual Report 2020-21PDF5.38 MB
  • DFMP Tasmania Annual Report 2019-20PDF3.22 MB
  • DFMP Tasmania Annual Report 2018-19PDF3.73 MB
  • Tasmania DFMP Annual Report 2017 18PDF2.6 MB
  • Tasmania DFMP Annual Report 2013 14PDF1.54 MB
  • Tasmania DFMP Annual Report 2014 15PDF1.55 MB
  • Tasmania DFMP Annual Report 2015 16PDF2.12 MB
  • Tasmania DFMP Annual Report 2016 17PDF2.97 MB

WA Dairy Farm Monitor Project

Current Report

  • WA DFMP Annual Report 2021-22PDF3.73 MB

Previous Reports

  • WA DFMP Annual Report 2020-21PDF4.39 MB
  • WA DFMP Annual Report 2019-20PDF4.06 MB
  • WA DFMP Annual Report 2018-19PDF1.97 MB
  • WA DFMP Annual Report 2017-18PDF2.04 MB
  • WA DFMP Annual Report 2016-17PDF1.52 MB
  • WA DFMP Annual Report 2015 -16PDF2 MB

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