News

New farm business management initiative created by Dairy Australia

By Rodney Woods

Dairy Australia is rolling-out a new farm business management initiative called Our Farm, Our Plan, which is designed to help farmers identify long-term goals, improve business performance and manage volatility.

Our Farm, Our Plan uses a simple process involving all key decision makers in a farm business to identify how a farm is currently performing and the steps needed to achieve long-term goals.

“Pricing and climate volatility in recent years have increased the uncertainty and risk of dairy farming,” Dairy Australia managing director David Nation said.

“It is evident that farms with business plans in place are better able to navigate these challenges, as well as take advantage of opportunities as they arise.

“Many dairy farm businesses are run on a huge amount of accumulated knowledge.

Our Farm, Our Plan provides a simple process which involves all key decision makers in the farm to agree a vision for the business and prioritise areas for improvement, to share the plan easily with other people and to track progress.

“Action to build farm business skills and improve profitability is a key objective of the Australian Dairy Plan and Our Farm, Our Plan provides an easy-to-use resource for farms to identify and achieve their strategic long-term goals, as well as better manage risk.”

Our Farm, Our Plan was developed by Dairy Australia, with support from Gardiner Dairy Foundation and DairyNZ, and will be delivered through group workshops around the country organised by Dairy Australia’s eight Regional Development Programs.

More information is available via the Regional Development Programs and at: www.dairyaustralia.com.au/OFOP