Farm business health indicators - the key drivers of profit and wealth creation

1998
CC BY 4.0

Research organisaton

Trial details

Researcher(s) Neil Clark
Philip O'Callaghan
Year(s) 1998
Contributor Central West Farming Systems
Trial location(s) Yerong Creek, NSW
Farm business health indicators - the key drivers of profit and wealth creation locations
Aims
  • To present information on farm business health indicators - the key drivers of profit and wealth creation.
Key messages
  • Benchmarking financial performance is an important way to improve a farm business. The FAST project has benchmarked over several years about 240 farms in total. They have come up with 11 indicators that can be used to assess performance. The indicators deal with business health or financial performance, income drivers and resource use.
Lead research organisation N/A
Host research organisation N/A
Related program N/A
Acknowledgments
  • Tim Hutchings delivered a similar paper at the CWFS Seminar in 1998. This article is to be published in the 1998 Grassland Society's Conference Proceedings. Reproduction here is gratefully acknowledged.

Other trial partners Not specified
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Method

Crop type None: No crop specified
Treatment type(s)
  • Farm operations: Economics
Trial type Article/commentary
Trial design Unreplicated

Yerong Creek 1998

Sow date Not specified
Harvest date Not specified
Plot size Not specified
Plot replication Not specified
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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
Yerong Creek, NSW Not specified
Derived trial site soil information
Australian Soil Classification Source: ASRIS
Trial site Soil order
Yerong Creek, NSW Sodosol
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.

Yerong Creek NSW

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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 report and links

1998 trial report



Trial last modified: 07-05-2019 16:41pm AEST