The Whole Farm Approach Whatever the goals of your business – having a social Friday-night beer with your mates or heading out for a fish – it’s important to keep track of your income and costs. Using this information to analyse your business in terms of cash, profit and wealth [...]
This is the first of our short articles and videos by Paul Blackshaw from Meridian Agriculture on informed decision making. Informed Decision Making As the end of the financial year ticks over, the financial performance of the farm often takes on more priority than which pastures to sow, or what [...]
When looking back at the 2018 season, most farmers in the eastern states of Australia will remember it as being very challenging. By far the biggest challenge in 2018 was a lack of rain. Many areas would only receive decile 1 or 2 annual rainfall and this was compounded by [...]
The key criterion in judging whether an innovation is worth adopting concerns the extent to which the innovation is likely to help the owners achieve their goals (Malcolm, Makeham & Wright, 2005). This article considers the decision to invest in perennial or annual pastures The process of valuing pasture investment [...]
Staff from Agriculture Victoria and the private sector are busy surveying 75 participating farms to have the latest Dairy Farm Monitor report released at the end of August. The Dairy Farm Monitor Project has been analysing the economic performance of Victorian dairy farms over the last 11 years. Dairy farms [...]
The Young Farmer Project, with the support of Agriculture Victoria, has now launched its first online learning module, the Farm Business eLearning module. This module has been designed for all farmers, from those new to managing farm businesses, to those just wanting to brush up on some farm business management [...]
Paul Blackshaw is a farm business advisor with Meridian Agriculture, based in Rutherglen in North East Victoria. Paul provides services in farm financial analysis, benchmarking, farm business performance, and succession planning. He previously worked as a Farm Business Economist for Agriculture Victoria, delivering the Livestock Farm Monitor Project, and as [...]
Agriculture Victoria’s latest Livestock Farm Monitor Project (LFMP) for 2017-18 assessed the economic performance of 77 sheep and cattle farms across Gippsland, the South-West, and Northern Victoria regions. The project has a 48-year history in Victoria reporting on characteristics of average and top performance among participant farms. Case Study The [...]
Agriculture Victoria’s latest Livestock Farm Monitor Project (LFMP) for 2017-18 assessed the economic performance of 77 sheep and cattle farms across Gippsland, the South-West, and Northern Victoria regions. The project has a 48-year history of reporting livestock performance and in 2017-18, farm profits (adjusted for CPI) were the second highest [...]
Young Farmers of Victoria, this is your network! The Young Farmer Business Network will connect you with accessible business management related information, events of interest, information on Victorian young farmer groups, as well as signposting opportunities to apply for awards, grants and scholarships, and/or to participate in other forms of [...]
