To maximise profit a farm needs the best strategy that fits with pasture production, land classes and climate, all unique to that farm. Farmax can be used to develop this strategy to maximise production from grass grown. This is all about strategy:
- Do the enterprises I have fit with my feed supply?
- What enterprises do not fit well and are they justifying this through high returns?
- What is an ideal mix that will lift returns yet have an acceptable level of risk?
- Can I make money from changing my feed supply with crops or new pastures?
Farmax Pro is designed to improve the farm strategy
How does Farmax Pro answer these complex questions?
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Over the past three seasons Farmax has analysed the top 20% of farmers in our database based on profit. There is no one in this group that does not have an excellent fit between feed supply and feed demand. These are the conditions where pasture growth and quality are maximised.
"You can not misalign feed demand and feed supply and be in the top 20%"
Below is an example of one of our top performing farms in a dry year.
Below is a comparison using data from sheep and beef farms for the 2005/2006 year – the farms compared have the same pasture growth potential, they just have different feed management and have chosen different livestock policies.
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Farm A
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Farm B
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Difference
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Potential pasture production (tDM/ha)
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10
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10
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0
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Actual pasture production (tDM/ha)
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8.2
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7.6
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0.6
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Gross Margin per kg of dry matter eaten (Cents)
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13.0
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10.0
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3
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$/ha
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$1,066
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$760
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306
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Value for an average 300 ha property
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$91,800
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"Farmax is totally focussed aligning your farm with the right system and the right management. It is one of the only farm inputs you can invest in that has the potential to significantly change your bottom line."