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A Profitable Year With Challenges
Manage episode 351209374 series 2932023
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NSW Dairy Farm Monitor results were recently released for the 21/22FY. Analysis of the performance of the 36 farms involved in the project showed a wide range in profitability. All farms experienced above average rainfall for the year - many of them subject to significant flooding and prolonged wet conditions which impacted on performance. However, despite the impact of the incredibly wet year and higher input costs, strong milk prices and livestock trading conditions enabled the second highest average profit position in 11 years of DFMP in NSW at an average of $1.71/kgMS.
Useful resources related to this podcast:
NSW Dairy Farm Monitor Annual Report and resources
This podcast is an initiative of the NSW DPI Dairy Business Advisory Unit
It is brought to you in partnership the Hunter Local Land Services
Please share this podcast with your fellow farmers and colleagues and feel free to contact us with suggestions or comments via this email address thebusinessofdairy@gmail.com
Further NSW DPI Dairy channels to follow and subscribe to include;
DPI Intensive Livestock Twitter feed
Transcript here
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The information discussed in this podcast are for informative and educational purposes only and do not constitute advice.
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