Compare farm performance

Grain growers throughout South Australia can now compare their farm performance with regional benchmarks.
A Grains Research and Development Corporation-commissioned study has established physical and financial performance benchmarks for each grain-producing agroecological zone and provided insights into how the top performing farms have achieved their enterprise success.
Undertaken by the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES), the study was commissioned by GRDC to provide growers and their advisers with an enhanced awareness of how their farms are performing.
GRDC project manager, Zoltan Lukacs, said 13 national agroecological zone-specific reports had been released from the study, offering data and information of relevance and use to growers and farm consultants. Six of those zones are in the southern cropping region.
“The reports include data for specialist grain-producing farms as well as mixed enterprises combining grain and livestock production, and offer a large range of benchmarks, falling into three categories – whole-of-farm, enterprise-specific and socio-economic,” Dr Lukacs said.
“Whole-of-farm benchmarks include farm size, rainfall, land use intensity, enterprise mix, rate of return and a range of farm financial performance variables.
“Enterprise-specific benchmarks include grain yields, livestock reproduction rates, wool production and the average price received for each commodity produced, while socio-economic benchmarks cover the age, education and off-farm employment of the operator and spouse.
“Not only can growers see how their farms compare with others in their region, but they can obtain a better understanding of the key factors driving the results of the better performing farms,” Dr Lukacs said.
Reports for each zone are available via the GRDC website at www.grdc.com.au/abaresreports
The local zone is Mid North-Lower Yorke and Eyre