How to Increase Farm PROFITS

Improving any aspect of your farm system is seldom about addressing just a single issue more likely it will involve working on a whole combination of factors together in order to achieve the most successful and sustainable results. Get the whole picture!

Even as a simple formula PROFIT is a combination of ...

YIELD x PRICE - Cost Of Production = PROFIT

Whether you are a mixed farming operation, continuous cropper, grazier or corporate farm, dryland or irrigation, this equation is fundamental to your bottom line.

Is there an adviser in your business who can support you in tying together all the issues that drive PROFIT in your business - from production to market, budget to bank, to being succession prepared? If not, you need to call 3D-Ag your whole farm specialists.

Underpinning the components of agricultural PROFITABILITY are layers of physical, environmental, agronomic, financial and human resource issues that farmers face every day, some of which follow...

Increase Production (Yield)	Improve soils ... see Soil Improvement Balanced rotation - complementary crop and pasture sequence Best practice - targeted agronomy and husbandry Better pasture management (native or exotic) - optimum stocking rates - faster turn-off times
Better Price	Marketing strategies Enterprise selection - target markets - prime hard wheat or prime lamb Meet specifications – price premiums Manage risk - minimum crop estimates
Lower Costs of Production (COP)	Complementary crops – cereals, break crops, pulse, legume, manure - grow your own nitrogen Integrated weed management – herbicide / non-herbicide Effective spray application, better grazing management Timely animal health programs, improved carrying capacity Controlled traffic farming Increase scale – purchase, lease, sharefarm
Other Factors	Cash flow and current circumstances Positive attitude Focus / communication - a plan, direction and targets Skilled / informed - labour and management Team – bankers, advisors, accountant Succession prepared

“There are no farms without people”