Business Administration, Management, and Operations Commons^™

Generating More Profit From Your Farm Business, Tamara Stretch

All other publications

This report outlines the main drivers of profit – price, production, costs and management. Knowing a farm’s profit drivers assists managers to analyse the risk and resilience of their business and to make more informed expenditure decisions. With significant volatility in both prices and production, farm managers need to have strategies that smooth price volatility and allow adjustments to costs of production.

When analysing business profitability it is important to look beyond gross margins and capture all cost items particularly large fixed costs like finance and machinery allowance costs. By critically examining the full cost structure of their business managers …

Tough Times Call For A Review Of Farm Business Performance, Martin Van Bueren, John Young

Journal of the Department of Agriculture, Western Australia, Series 4

Most Australian farm businesses specialising in wool production are operating at a loss at current wool prices. After both short term operating and long term costs of capital depreciation are accounted for, only a small number of wool growers are able to make a profit with the wool market indicator below 500c/kg.

Poor prices have stimulated wool growers to review their operations and look to ways of improving cash flow in the short term, such as diversifying into cropping. The downturn should also prompt growers to address the longer term trends of declining terms of trade and historically poor productivity …

Sheep Programmes For Esperance Settlers With Limited Finance, R J. Doyle, G. D. Oliver

Journal of the Department of Agriculture, Western Australia, Series 4

FARMING in the Esperance region has now passed through the phase of experimentation into the phase of consolidation.

But not all new settlers are prosperous.

On occasions, a lifetime ambition to own and operate a farm has ended in failure because the settler has been forced through economic circumstances to give up his block.

Too often this follows the unequal struggle of trying to develop a block with too little capital.