Help for farm business to manage profitability and manage risk

2014
CC BY 4.0

Research organisaton
Funding source

Trial details

Researcher(s) Sarah Jacobson
Year(s) 2014
Contributor Central West Farming Systems
Trial location(s) West Wyalong, NSW
Help for farm business to manage profitability and manage risk locations
Aims

To help farmers wanting help in managing the ups and downs, the dry and the wet.

Key messages
  • Cash flow analysis shows the sensitivity of the farm business to varying seasons.
  • Mixed Farming Systems are more sustainable in poorer seasons. However, they are not as able to capture the large profits in the better years (Decile>5).
  • Leasing provides opportunity for business expansion when a business is in a low equity position.
Lead research organisation Central West Farming Systems
Host research organisation N/A
Trial funding source GRDC
Related program N/A
Acknowledgments N/A
Other trial partners Not specified
Download the trial report to view additional trial information

Method

Crop types Wheat
Canola
Mixed species
Vetch
Barley
Treatment type(s)
  • Crop: Type
Trial type
Trial design

West Wyalong 2014 Wheat

Sow date Not specified
Harvest date Not specified
Plot size Not specified
Plot replication Not specified

West Wyalong 2014 Canola

Sow date Not specified
Harvest date Not specified
Plot size Not specified
Plot replication Not specified

West Wyalong 2014 Mixed species

Sow date Not specified
Harvest date Not specified
Plot size Not specified
Plot replication Not specified

West Wyalong 2014 Vetch

Sow date Not specified
Harvest date Not specified
Plot size Not specified
Plot replication Not specified

West Wyalong 2014 Barley

Sow date Not specified
Harvest date Not specified
Plot size Not specified
Plot replication Not specified
Download the trial report to view additional method/treatment information
Trial source data and summary not available
Check the trial report PDF for trial results.
Observed trial site soil information
Trial site soil testing
Not specified
Soil conditions
Trial site Soil texture
West Wyalong, NSW Not specified
Derived trial site soil information
Australian Soil Classification Source: ASRIS
Trial site Soil order
West Wyalong, NSW Chromosol
Soil Moisture Source: BOM/ANU
Average amount of water stored in the soil profile during the year, estimated by the OzWALD model-data fusion system.
Year West Wyalong NSW
2014 613.6mm
2013 614.6mm
2012 615.7mm
2011 620.1mm
2010 628.9mm
2009 614.4mm
2008 621.5mm
2007 567.2mm
2006 581.7mm
2005 618.4mm
2004 608.6mm
2003 556.0mm
2002 509.1mm
2001 514.8mm
2000 472.9mm
National soil grid Source: CSIRO/TERN
NOTE: National Soil Grid data is aggregated information for background information on the wider area
Actual soil values can vary significantly in a small area and the trial soil tests are the most relevant data where available

Soil properties

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Climate

Derived climate information

No observed climate data available for this trial.
Derived climate data is determined from trial site location and national weather sources.

West Wyalong NSW

NOTE: Exact trial site locality unknown - Climate data may not be accurate
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Some data on this site is sourced from the Bureau of Meteorology

SILO weather estimates sourced from https://www.longpaddock.qld.gov.au/silo/
Jeffrey, S.J., Carter, J.O., Moodie, K.B. and Beswick, A.R. (2001). Using spatial interpolation to construct a comprehensive archive of Australian climate data , Environmental Modelling and Software, Vol 16/4, pp 309-330. DOI: 10.1016/S1364-8152(01)00008-1.



Trial last modified: 26-11-2019 14:12pm AEST