TAS Dairy Farm Monitor Project
The Dairy Farm Monitor Project (DFMP) provides profitability and productivity data for a range of farms across Tasmania. It allows farmers to compare their performance against other farms, and identify areas for improvement.
Dairy Farm Monitor Project 2016-17
This is the fourth year of the Dairy Farm Monitor Project in Tasmania. In 2016–17, the whole farm earnings before interest and tax (EBIT) from 36 participant farms in Tasmania rose to $276,098, a 12% increase on 2015–16. This was on the back of the sudden milk price decrease towards the end of 2015–16 ($5.55/kg MS) and a further decrease to $5.03/kg MS. Return on assets decreased to 3.7% and net farm income increased to $153,967 resulting in return on equity rising to 1.9% compared to last year’s 0.8%.
Previous Annual Reports