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Email UsBenchmark your farm to drive better performance
Benchmarking is the process of comparing your farm against key performance indicators, to see how your farm measures against similar farms in your region. A proactive approach to benchmarking can help you identify trends, look for opportunities, and strengthen weak spots.
Use benchmarking to drive better decision making
Diprose Miller works with our farming clients to access benchmarking data, look for the right information, and evaluate the results to help drive better decision making. We use Figured and DairyBase, which provide access to a huge database of other farms in New Zealand.
The results are presented in an easy to read, visual report. Diprose Miller can guide you through the process of benchmarking, and help you interpret and gain value from the results.
Talk to Diprose Miller today about using benchmarking to understand how your farm is performing.
Key performance indicators for benchmarking
More and more farm owners and operators are using benchmarking to help understand if their farm is under or over performing, and what changes need to be made. Many important performance indicators are used in benchmarking including:
Animal production performance percentage
Flock/herd efficiency
Gross Farm Revenue (GFR) per effective hectare
Farm Working Expenditure (FWE) on a per cow, per hectare and per kgms basis per effective hectare
Earnings Before Interest Taxes Rents and Paid Managers Salary (EBITRm)
Net production per effective hectare