Business Management and Farm Profitability

Snapshot

Key Features Of A Strong Business In The Eastern Grainbelt:

• Low break-even yield at average grain prices
• Able to capitalise on good seasons and prices when these occur
• Conservatively geared to cope with inevitable poor seasons
• High labour and machinery efficiency
• Culture of attention to detail and hard work
• Above average management ability, enabling grower/s to consider all relevant information at a point in time and inherently make the correct decision.

Source: GRDC-funded Planfarm report ‘How to farm profitably in the eastern wheatbelt;.

Download this publication below to read more.

Link to this publication using: https://grdc.com.au/RCSN-KwinanaEast-FarmProfitability

GRDC Project Code CIC00027, PLN00009

Region West

• 4.31 mb Business management and farm profitability (for web)