Farm Table says:
This report looks at the ‘Narrabri Grazing Group’, a group made up of 16 farming families operating grazing and mixed farming enterprises on a total of some 18,500 ha in the Narrabri district in North-West New South Wales (NSW).
After analyzing their businesses with benchmarking gross margins, they short-listed five key profit drivers/management principles to assist ‘smoothing out’ the impacts of dry seasons on their profitability:
- Early decisions are good decisions.
- Triggering actions.
- Work on the business as well as in the business.
- Filling the autumn feed-gap.
- Restricted joining and early weaning.