A Profitable Year With Challenges

The Business of Dairy

NSW Dairy Farm Monitor results were recently released for the 21/22FY. Analysis of the performance of the 36 farms involved in the project showed a wide range in profitability. All farms experienced above average rainfall for the year - many of them subject to significant flooding and prolonged wet conditions which impacted on performance. However, despite the impact of the incredibly wet year and higher input costs, strong milk prices and livestock trading conditions enabled the second highest average profit position in 11 years of DFMP in NSW at an average of $1.71/kgMS.

Useful resources related to this podcast:

NSW Dairy Farm Monitor Annual Report and resources

NSW DFMP Interactive Report

This podcast is an initiative of the NSW DPI Dairy Business Advisory Unit

It is brought to you in partnership the Hunter Local Land Services

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DPI Intensive Livestock Twitter feed

NSW DPI Dairy Newsletter

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The information discussed in this podcast are for informative and educational purposes only and do not constitute advice.