Benchmarking results 2013
CARA recently presented its annual benchmark results to other industry professionals at a conference in St Clears. The results show clear distinctions between top 25%, average and bottom 25%. The main points are as follows:
1. Dairy – fertility and yield from forage still are profit drivers
2. Overhead cost control imperative
3. Herd expansion still happening, perhaps at increased pace
4. Beef and sheep producers must focus on stocking rate
5. There is intensification potential in all sectors
6. Potential Single Payment changes will see some producers become loss making
7. Uncertainty is still around regarding Single Payment proposed changes
For more details, please contact Iwan, Wendy or John