Clear, simple systems to help you manage tasks and people on your farm can help with business efficiency and productivity.An aspect that is commonly spoken about in the dairy industry is the cost and efficiency of labour, not to mention availability, of skilled labour.In NSW labour total costs (paid and owner operator or imputed labour) on average, make up around 25% of farm operating costs according to our NSW DFMP data. This represents a cost of around $2.10/kgMS. In terms of efficiency, we are looking at, on average around just under 40,000kgMS/FTE. Obviously, there are farms that are much more efficient than this and those that are less efficient. And there are many factors that drive this.Today my guest is James McRae, a farmer who has adopted a system or style of management on his farm that helps him address time and resource efficiency. It is called Lean Management.   Useful resources related to this podcast:Raelands Farm Facebook page2 Second Lean (Paul Akers)GembaDocs app - for creating SOP’s &amp; Kanban cards. It saves a lot of time!  YouTube:AME - Yellotools tourUpflip - Fastcap pt  1Upflip - Fastcap pt 2Books:The Lean Dairy Farm - Jana &amp; Mat HockenLean in Agriculture - Nielsen &amp; Pejstrup 2 Second Lean - Paul AkersThe Toyota Way - Jeffrey Liker This podcast is an initiative of the NSW DPI Dairy Business Advisory UnitIt is brought to you in partnership the Hunter Local Land ServicesPlease share this podcast with your fellow farmers and colleagues and feel free to contact us with suggestions or comments via this email address thebusinessofdairy@gmail.comFurther NSW DPI Dairy channels to follow and subscribe to include;NSW DPI Dairy Facebook pageDPI Intensive Livestock Twitter feedNSW DPI Dairy NewsletterTranscriptProduced by Video LiftThe information discussed in this podcast are for informative and educational purposes only and do not constitute advice. 

Clear, simple systems to help you manage tasks and people on your farm can help with business efficiency and productivity.An aspect that is commonly spoken about in the dairy industry is the cost and efficiency of labour, not to mention availability, of skilled labour.In NSW labour total costs (paid and owner operator or imputed labour) on average, make up around 25% of farm operating costs according to our NSW DFMP data. This represents a cost of around $2.10/kgMS. In terms of efficiency, we are looking at, on average around just under 40,000kgMS/FTE. Obviously, there are farms that are much more efficient than this and those that are less efficient. And there are many factors that drive this.Today my guest is James McRae, a farmer who has adopted a system or style of management on his farm that helps him address time and resource efficiency. It is called Lean Management.   Useful resources related to this podcast:<a href="https://www.facebook.com/raelandsfarm" rel="nofollow" target="_blank">Raelands Farm Facebook page</a><a href="https://paulakers.net/books/2-second-lean" rel="nofollow" target="_blank">2 Second Lean</a> (Paul Akers)<a href="https://gembadocs.com/" rel="nofollow" target="_blank">GembaDocs app</a> - for creating SOP’s &amp; Kanban cards. It saves a lot of time!  YouTube:<a href="https://www.youtube.com/watch?v=uraTBiI_uvI" rel="nofollow" target="_blank">AME - Yellotools tour</a><a href="https://www.youtube.com/watch?v=oarLDeAFSj4" rel="nofollow" target="_blank">Upflip - Fastcap pt  1</a><a href="https://www.youtube.com/watch?v=UMFNys3Yavo" rel="nofollow" target="_blank">Upflip - Fastcap pt 2</a>Books:The Lean Dairy Farm - Jana &amp; Mat HockenLean in Agriculture - Nielsen &amp; Pejstrup 2 Second Lean - Paul AkersThe Toyota Way - Jeffrey Liker This podcast is an initiative of the <a href="https://www.dpi.nsw.gov.au/animals-and-livestock/dairy/dairy-business-advisory-unit" rel="nofollow" target="_blank">NSW DPI Dairy Business Advisory Unit</a>It is brought to you in partnership the <a href="https://www.lls.nsw.gov.au/regions/hunter" rel="nofollow" target="_blank">Hunter Local Land Services</a>Please share this podcast with your fellow farmers and colleagues and feel free to contact us with suggestions or comments via this email address <a href="mailto:thebusinessofdairy@gmail.com">thebusinessofdairy@gmail.com</a>Further NSW DPI Dairy channels to follow and subscribe to include;<a href="https://www.facebook.com/NSWDPIDairy/" rel="nofollow" target="_blank">NSW DPI Dairy Facebook page</a><a href="https://twitter.com/dpi_livestock?s=11" rel="nofollow" target="_blank">DPI Intensive Livestock Twitter feed</a><a href="https://us10.campaign-archive.com/?u=64a61ba390fea2d885c581bd4&amp;id=dbe30c1d47" rel="nofollow" target="_blank">NSW DPI Dairy Newsletter</a><a href="https://www.buzzsprout.com/1781329/episodes/10883765-creating-a-time-and-labour-efficient-farm" rel="nofollow" target="_blank">Transcript</a>Produced by <a href="http://www.videolift.com.au/" rel="nofollow" target="_blank">Video Lift</a>The information discussed in this podcast are for informative and educational purposes only and do not constitute advice.

Creating a Time and Labour Efficient Farm

It’s the 1st June - an important date in the Australian dairy calendar. Most listeners will know that under the dairy Mandatory Code of Conduct, processors are now required to announce their minimum farm gate milk price today in their milk supply agreements.My guest this episode is Janine Waller, Executive Director of Australian Dairy Products Federation or ADPF - the nations peak body for dairy processors, marketers and traders. Janine has a history spanning more than 20 yrs working in the food industry, consulting to market leading clients such as Dons Smallgoods and also working with Lion Dairy and Drinks for 13 yrs. We discuss some of the domestic and international drivers behind the milk prices being announced and the current challenges being experienced across the nation by farmers with inflationary impacts on input costs. We also highlight the Milk Value Portal that aims to provide transparency behind milk pricing in Australia. The MVP is a web-based portal that houses some excellent resources and tools to help understand the complexity of milk pricing in Australia. It provides links to processor milk supply agreements with minimum pricing and enables farmers and others to understand pricing in their own region. Useful resources related to this podcast:Milk Value PortalFarmgate Milk Value ToolProcessor Milk Supply Agreements (MVP)Processor Milk Supply Agreements (NSW specific)The ‘What-if’ impact on value This podcast is an initiative of the NSW DPI Dairy Business Advisory Unit It is brought to you in partnership the Hunter Local Land ServicesPlease share this podcast with your fellow farmers and colleagues and feel free to contact us with suggestions or comments via this email address thebusinessofdairy@gmail.comFurther NSW DPI Dairy channels to follow and subscribe to include;NSW DPI Dairy Facebook pageDPI Intensive Livestock Twitter feedNSW DPI Dairy NewsletterTranscript Produced by Video LiftThe information discussed in this podcast are for informative and educational purposes only and do not constitute advice. 

It’s the 1st June - an important date in the Australian dairy calendar. Most listeners will know that under the dairy Mandatory Code of Conduct, processors are now required to announce their minimum farm gate milk price today in their milk supply agreements.My guest this episode is Janine Waller, Executive Director of Australian Dairy Products Federation or ADPF - the nations peak body for dairy processors, marketers and traders. Janine has a history spanning more than 20 yrs working in the food industry, consulting to market leading clients such as Dons Smallgoods and also working with Lion Dairy and Drinks for 13 yrs. We discuss some of the domestic and international drivers behind the milk prices being announced and the current challenges being experienced across the nation by farmers with inflationary impacts on input costs. We also highlight the Milk Value Portal that aims to provide transparency behind milk pricing in Australia. The MVP is a web-based portal that houses some excellent resources and tools to help understand the complexity of milk pricing in Australia. It provides links to processor milk supply agreements with minimum pricing and enables farmers and others to understand pricing in their own region. Useful resources related to this podcast:<a href="https://milkvalue.com.au/" rel="nofollow" target="_blank">Milk Value Portal</a><a href="https://milkvalue.com.au/milk-prices/farmgate-milk-value-tool/" rel="nofollow" target="_blank">Farmgate Milk Value Tool</a><a href="https://milkvalue.com.au/resources/processor-prices/" rel="nofollow" target="_blank">Processor Milk Supply Agreements</a> (MVP)<a href="https://www.dpi.nsw.gov.au/animals-and-livestock/dairy/dairy-business-advisory-unit/milk-supply-agreements" rel="nofollow" target="_blank">Processor Milk Supply Agreements</a> (NSW specific)The <a href="https://milkvalue.com.au/australian-dairy-market/what-if-tool/" rel="nofollow" target="_blank">‘What-if’</a> impact on value This podcast is an initiative of the <a href="https://www.dpi.nsw.gov.au/animals-and-livestock/dairy/dairy-business-advisory-unit" rel="nofollow" target="_blank">NSW DPI Dairy Business Advisory Unit</a> It is brought to you in partnership the <a href="https://www.lls.nsw.gov.au/regions/hunter" rel="nofollow" target="_blank">Hunter Local Land Services</a>Please share this podcast with your fellow farmers and colleagues and feel free to contact us with suggestions or comments via this email address <a href="mailto:thebusinessofdairy@gmail.com">thebusinessofdairy@gmail.com</a>Further NSW DPI Dairy channels to follow and subscribe to include;<a href="https://www.facebook.com/NSWDPIDairy/" rel="nofollow" target="_blank">NSW DPI Dairy Facebook page</a><a href="https://twitter.com/dpi_livestock?s=11" rel="nofollow" target="_blank">DPI Intensive Livestock Twitter feed</a><a href="https://us10.campaign-archive.com/?u=64a61ba390fea2d885c581bd4&amp;id=dbe30c1d47" rel="nofollow" target="_blank">NSW DPI Dairy Newsletter</a><a href="https://www.buzzsprout.com/1781329/episodes/10709610-understanding-my-milk-price" rel="nofollow" target="_blank">Transcript</a> Produced by <a href="http://www.videolift.com.au/" rel="nofollow" target="_blank">Video Lift</a>The information discussed in this podcast are for informative and educational purposes only and do not constitute advice.

Understanding My Milk Price

This month we take a look at business planning – getting clarity on what your business is about, what you are trying to achieve and how you are going to get there.A report by the UK’s Agriculture and Horticulture Development Board (AHDB) in 2018 identified 8 factors that characterised their top performing farms, one of which is ‘setting goals and budgets’. Their findings showed that (quote) “Farms that write a formal long-term business plan are more profitable than others. Writing your ambitions down is one of the most successful ways to visualise in your mind what you want to do and therefore for it to happen,…”Greg Duncan leads a national program developed by Dairy Australia called Our Farm Our Plan that aims to support and guide farm businesses through their own business planning. He will explain this program to us today.Sarah Wake is involved in the family farm near Singleton in the Hunter Valley and shares with us her experiences in the program thus far.Useful resources related to this podcast:Our Farm, Our Plan landing page on the Dairy Australia Website.Farm Business SnapshotFarm Fitness ChecklistFarmers can also call the Our Farm, Our Plan team on 1800 548 073 This podcast is an initiative of the NSW DPI Dairy Business Advisory Unit It is brought to you in partnership the Hunter Local Land ServicesPlease share this podcast with your fellow farmers and colleagues and feel free to contact us with suggestions or comments via this email address thebusinessofdairy@gmail.comFurther NSW DPI Dairy channels to follow and subscribe to include:NSW DPI Dairy Facebook pageDPI Intensive Livestock Twitter feedNSW DPI Dairy NewsletterEpisode transcriptProduced by Video LiftThe information discussed in this podcast are for informative and educational purposes only and do not constitute advice. 

This month we take a look at business planning – getting clarity on what your business is about, what you are trying to achieve and how you are going to get there.A report by the UK’s Agriculture and Horticulture Development Board (AHDB) in 2018 identified 8 factors that characterised their top performing farms, one of which is ‘setting goals and budgets’. Their findings showed that (quote) “Farms that write a formal long-term business plan are more profitable than others. Writing your ambitions down is one of the most successful ways to visualise in your mind what you want to do and therefore for it to happen,…”Greg Duncan leads a national program developed by Dairy Australia called Our Farm Our Plan that aims to support and guide farm businesses through their own business planning. He will explain this program to us today.Sarah Wake is involved in the family farm near Singleton in the Hunter Valley and shares with us her experiences in the program thus far.Useful resources related to this podcast:<a href="http://www.dairyaustralia.com.au/ofop" rel="nofollow" target="_blank">Our Farm, Our Plan landing page</a> on the Dairy Australia Website.<a href="https://myda.dairyaustralia.com.au/fbs/s/login/" rel="nofollow" target="_blank">Farm Business Snapshot</a><a href="https://www.dairyaustralia.com.au/resource-repository/2021/04/05/online-farm-fitness-checklist" rel="nofollow" target="_blank">Farm Fitness Checklist</a>Farmers can also call the Our Farm, Our Plan team on 1800 548 073 This podcast is an initiative of the <a href="https://www.dpi.nsw.gov.au/animals-and-livestock/dairy/dairy-business-advisory-unit" rel="nofollow" target="_blank">NSW DPI Dairy Business Advisory Unit</a> It is brought to you in partnership the <a href="https://www.lls.nsw.gov.au/regions/hunter" rel="nofollow" target="_blank">Hunter Local Land Services</a>Please share this podcast with your fellow farmers and colleagues and feel free to contact us with suggestions or comments via this email address <a href="mailto:thebusinessofdairy@gmail.com">thebusinessofdairy@gmail.com</a>Further NSW DPI Dairy channels to follow and subscribe to include:<a href="https://www.facebook.com/NSWDPIDairy/" rel="nofollow" target="_blank">NSW DPI Dairy Facebook page</a><a href="https://twitter.com/dpi_livestock?s=11" rel="nofollow" target="_blank">DPI Intensive Livestock Twitter feed</a><a href="https://us10.campaign-archive.com/?u=64a61ba390fea2d885c581bd4&amp;id=dbe30c1d47" rel="nofollow" target="_blank">NSW DPI Dairy Newsletter</a><a href="https://www.buzzsprout.com/1781329/episodes/10525539-setting-my-business-up-for-success" rel="nofollow" target="_blank">Episode transcript</a>Produced by <a href="http://www.videolift.com.au/" rel="nofollow" target="_blank">Video Lift</a>The information discussed in this podcast are for informative and educational purposes only and do not constitute advice.

Setting My Business up for Success

Farm profits will be interesting this financial year with strong milk prices and milder seasons being in our favour but then on the other side of the scales we have pricing pressures on key inputs such as fertiliser and wet weather and severe flooding impacting many dairy businesses on the east coast of Australia. Whether you are looking at a profit or a loss for your dairy business, we are now in the final quarter of the financial year and if you don’t already, you should really be looking at tax planning with your accountant to manage your tax position as effectively as you can.Our guests this month are two enthusiastic and experienced accountants from Boyce Chartered Accountants who discuss strategies to help dairy farmers with the art of tax planning. Kate Garrett and Dan Medway have a very good understanding of agricultural businesses and have dairy clients they work with throughout NSW. Useful resources related to this podcast:Dairy Australia – Farm Business Management training optionsThe Dairy Standard Chart of AccountsBoyce Chartered AccountantsThis podcast is an initiative of the NSW DPI Dairy Business Advisory UnitIt is brought to you in partnership the Hunter Local Land ServicesPlease share this podcast with your fellow farmers and colleagues and feel free to contact us with suggestions or comments via this email address thebusinessofdairy@gmail.comFurther NSW DPI Dairy channels to follow and subscribe to include:NSW DPI Dairy Facebook pageDPI Intensive Livestock Twitter feedNSW DPI Dairy NewsletterTranscript hereProduced by Video LiftThe information discussed in this podcast are for informative and educational purposes only and do not constitute advice. 

Farm profits will be interesting this financial year with strong milk prices and milder seasons being in our favour but then on the other side of the scales we have pricing pressures on key inputs such as fertiliser and wet weather and severe flooding impacting many dairy businesses on the east coast of Australia. Whether you are looking at a profit or a loss for your dairy business, we are now in the final quarter of the financial year and if you don’t already, you should really be looking at tax planning with your accountant to manage your tax position as effectively as you can.Our guests this month are two enthusiastic and experienced accountants from Boyce Chartered Accountants who discuss strategies to help dairy farmers with the art of tax planning. Kate Garrett and Dan Medway have a very good understanding of agricultural businesses and have dairy clients they work with throughout NSW. Useful resources related to this podcast:Dairy Australia – <a href="https://www.dairyaustralia.com.au/farm-business/farm-business-management-training#.Yjp_8edByUk" rel="nofollow" target="_blank">Farm Business Management training options</a><a href="https://www.dairyaustralia.com.au/farm-business/dairybase/dairy-standard-charts-of-accounts#.YjqC8OdByUk" rel="nofollow" target="_blank">The Dairy Standard Chart of Accounts</a><a href="https://www.boyceca.com/" rel="nofollow" target="_blank">Boyce Chartered Accountants</a>This podcast is an initiative of the <a href="https://www.dpi.nsw.gov.au/animals-and-livestock/dairy/dairy-business-advisory-unit" rel="nofollow" target="_blank">NSW DPI Dairy Business Advisory Unit</a>It is brought to you in partnership the <a href="https://www.lls.nsw.gov.au/regions/hunter" rel="nofollow" target="_blank">Hunter Local Land Services</a>Please share this podcast with your fellow farmers and colleagues and feel free to contact us with suggestions or comments via this email address <a href="mailto:thebusinessofdairy@gmail.com">thebusinessofdairy@gmail.com</a>Further NSW DPI Dairy channels to follow and subscribe to include:<a href="https://www.facebook.com/NSWDPIDairy/" rel="nofollow" target="_blank">NSW DPI Dairy Facebook page</a><a href="https://twitter.com/dpi_livestock?s=11" rel="nofollow" target="_blank">DPI Intensive Livestock Twitter feed</a><a href="https://us10.campaign-archive.com/?u=64a61ba390fea2d885c581bd4&amp;id=dbe30c1d47" rel="nofollow" target="_blank">NSW DPI Dairy Newsletter</a>Transcript <a href="https://www.buzzsprout.com/1781329/episodes/10340282-the-art-of-tax-planning" rel="nofollow" target="_blank">here</a>Produced by <a href="http://www.videolift.com.au/" rel="nofollow" target="_blank">Video Lift</a>The information discussed in this podcast are for informative and educational purposes only and do not constitute advice.

The Art of Tax Planning

The potential for reduced yields and fodder quality in corn and sorghum crops is something that now has to be proactively managed by farmers as a result of detection of fall armyworm in Australia. It is a plant pest that first appeared in QLD in February 2020 and also the NT and norther parts of WA.  It has subsequently been found throughout the eastern seaboard as far as Tasmania. Being a new pest, we are still learning how to best manage it and this month we hear from Ross Warren, Senior Dairy Extension Officer with QDAF who has seen the impact across many farms in the subtropical region of NSW and QLD and how dairy farmers are managing it. Also joining us is Jason Bake, who runs a family dairy operation near Coffs Harbour in northern NSW. Corn silage is a large component of his herds diet and we hear how they have managed it on farm, as well as why Jason views corn as “the only crop that improves in value over time”!Useful resources related to this podcast:Subtropical Dairy/QLD Department of Ag and Fisheries – Fall Army Worm Update WebinarNSW DPI Fall Armyworm resource pageDairy Australia Fall Armyworm resource pageThis podcast is an initiative of the NSW DPI Dairy Business Advisory Unit – further information and resources are available hereIt is brought to you in partnership the Hunter Local Land ServicesPlease share this podcast with your fellow farmers and colleagues and feel free to contact us with suggestions or comments via this email address thebusinessofdairy@gmail.comFurther NSW DPI Dairy channels to follow and subscribe to include:NSW DPI Dairy Facebook pageDPI Intensive Livestock Twitter feedNSW DPI Dairy NewsletterTranscript hereProduced by Video LiftThe information discussed in this podcast are for informative and educational purposes only and do not constitute advice. 

The potential for reduced yields and fodder quality in corn and sorghum crops is something that now has to be proactively managed by farmers as a result of detection of fall armyworm in Australia. It is a plant pest that first appeared in QLD in February 2020 and also the NT and norther parts of WA.  It has subsequently been found throughout the eastern seaboard as far as Tasmania. Being a new pest, we are still learning how to best manage it and this month we hear from Ross Warren, Senior Dairy Extension Officer with QDAF who has seen the impact across many farms in the subtropical region of NSW and QLD and how dairy farmers are managing it. Also joining us is Jason Bake, who runs a family dairy operation near Coffs Harbour in northern NSW. Corn silage is a large component of his herds diet and we hear how they have managed it on farm, as well as why Jason views corn as “the only crop that improves in value over time”!Useful resources related to this podcast:Subtropical Dairy/QLD Department of Ag and Fisheries – <a href="https://dairyaustralia.zoom.us/rec/play/eky8rtBrRoL8lTxz9R-cPyenH443Rb9HKNM3l3Symeuqsa0F63Xgd4md7AsgPaYCtj_Y4kGnIzz_TWw.QUkdPADoMpTxKM04?continueMode=true&amp;_x_zm_rtaid=UGnvzGidQQeNiUOMmc5JLA.1645142292361.7d7f3ad7b6a7c1d7625b1e3464e6aec2&amp;_x_zm_rhtaid=451" rel="nofollow" target="_blank">Fall Army Worm Update Webinar</a><a href="https://www.dpi.nsw.gov.au/biosecurity/plant/insect-pests-and-plant-diseases/fall-armyworm" rel="nofollow" target="_blank">NSW DPI Fall Armyworm resource page</a><a href="https://www.dairyaustralia.com.au/feed-and-nutrition/growing-feed-for-the-herd/fall-armyworm#.YhyCLhNBxqt" rel="nofollow" target="_blank">Dairy Australia Fall Armyworm resource page</a>This podcast is an initiative of the NSW DPI Dairy Business Advisory Unit – further information and resources are available <a href="https://www.dpi.nsw.gov.au/animals-and-livestock/dairy/dairy-business-advisory-unit" rel="nofollow" target="_blank">here</a>It is brought to you in partnership the <a href="https://www.lls.nsw.gov.au/regions/hunter" rel="nofollow" target="_blank">Hunter Local Land Services</a>Please share this podcast with your fellow farmers and colleagues and feel free to contact us with suggestions or comments via this email address <a href="mailto:thebusinessofdairy@gmail.com">thebusinessofdairy@gmail.com</a>Further NSW DPI Dairy channels to follow and subscribe to include:<a href="https://www.facebook.com/NSWDPIDairy/" rel="nofollow" target="_blank">NSW DPI Dairy Facebook page</a><a href="https://twitter.com/dpi_livestock?s=11" rel="nofollow" target="_blank">DPI Intensive Livestock Twitter feed</a><a href="https://us10.campaign-archive.com/?u=64a61ba390fea2d885c581bd4&amp;id=dbe30c1d47" rel="nofollow" target="_blank">NSW DPI Dairy Newsletter</a>Transcript <a href="https://www.buzzsprout.com/1781329/episodes/10156390" rel="nofollow" target="_blank">here</a>Produced by <a href="http://www.videolift.com.au/" rel="nofollow" target="_blank">Video Lift</a>The information discussed in this podcast are for informative and educational purposes only and do not constitute advice.

Fall Armyworm Impacts and the Feed That Gets Better With Time

Covid-19 continues to impact how we live and operate as individuals, communities and businesses. This month we look at the impact it is having on farm input pricing and the supply chain from the perspective of a rural produce store and a farmer. Troy Higgins, manager at Gloucester Rural Supplies, shares his perspective on how he is managing the challenges of securing supply of products in the year ahead and gives us some insight into current and future pricing and availability of products. Chris Maslin is a third-generation dairy farmer who manages a herd of 700 cows in a family dairy business near Gloucester and he explains some of the things he has done to plan ahead in his business given supply issue challenges.Useful resources related to this podcast:For current Covid-19 recommendations and health alerts please visit the State Government website relevant to your business. Covid-19 – Dairy Australia Resources web page (including CovidSafe Plan templates)This podcast is an initiative of the NSW DPI Dairy Business Advisory Unit – visit for further information and resources.It is brought to you in partnership the Hunter Local Land ServicesPlease share this podcast with your fellow farmers and colleagues and feel free to contact us with suggestions or comments via this email address thebusinessofdairy@gmail.comFurther NSW DPI Dairy channels to follow and subscribe to include;NSW DPI Dairy Facebook pageDPI Intensive Livestock Twitter feedNSW DPI Dairy NewsletterTranscript hereProduced by Video LiftThe information discussed in this podcast are for informative and educational purposes only and do not constitute advice. 

Covid-19 continues to impact how we live and operate as individuals, communities and businesses. This month we look at the impact it is having on farm input pricing and the supply chain from the perspective of a rural produce store and a farmer. Troy Higgins, manager at Gloucester Rural Supplies, shares his perspective on how he is managing the challenges of securing supply of products in the year ahead and gives us some insight into current and future pricing and availability of products. Chris Maslin is a third-generation dairy farmer who manages a herd of 700 cows in a family dairy business near Gloucester and he explains some of the things he has done to plan ahead in his business given supply issue challenges.Useful resources related to this podcast:For current Covid-19 recommendations and health alerts please visit the State Government website relevant to your business. <a href="https://www.dairyaustralia.com.au/issues-and-emergencies/covid-19-directory/information-for-farm-owners-and-employees#.YfIPUepByUm" rel="nofollow" target="_blank">Covid-19 – Dairy Australia Resources web page</a> (including CovidSafe Plan templates)This podcast is an initiative of the <a href="https://www.dpi.nsw.gov.au/animals-and-livestock/dairy/dairy-business-advisory-unit" rel="nofollow" target="_blank">NSW DPI Dairy Business Advisory Unit</a> – visit for further information and resources.It is brought to you in partnership the <a href="https://www.lls.nsw.gov.au/regions/hunter" rel="nofollow" target="_blank">Hunter Local Land Services</a>Please share this podcast with your fellow farmers and colleagues and feel free to contact us with suggestions or comments via this email address <a href="mailto:thebusinessofdairy@gmail.com">thebusinessofdairy@gmail.com</a>Further NSW DPI Dairy channels to follow and subscribe to include;<a href="https://www.facebook.com/NSWDPIDairy/" rel="nofollow" target="_blank">NSW DPI Dairy Facebook page</a><a href="https://twitter.com/dpi_livestock?s=11" rel="nofollow" target="_blank">DPI Intensive Livestock Twitter feed</a><a href="https://us10.campaign-archive.com/?u=64a61ba390fea2d885c581bd4&amp;id=dbe30c1d47" rel="nofollow" target="_blank">NSW DPI Dairy Newsletter</a>Transcript <a href="https://www.buzzsprout.com/1781329/episodes/9965656-covid-19-impacts-on-dairy-supply-chains-and-pricing" rel="nofollow" target="_blank">here</a>Produced by <a href="http://www.videolift.com.au/" rel="nofollow" target="_blank">Video Lift</a>The information discussed in this podcast are for informative and educational purposes only and do not constitute advice.

Covid-19 Impacts on Dairy Supply Chains and Pricing

This year marks the tenth year of the Dairy Farm Monitor Project in NSW and the most profitable we have seen in that period with an average operating profit or Earnings Before Interest and Tax of $2.07/kgMS which translated into a 4.9% RoTA. This project involves a detailed physical and financial analysis of dairying businesses in NSW and saw 41 farms participate this year, the highest number to date. Participating farms are anonymous and receive an individual farm report.The Department of Primary Industries manage this project in NSW with funding and support from Dairy Australia and this month we see Sheena in the hot seat being interviewed about some of the drivers behind the results by colleague Zita Ritchie who is a Dairy Development Officer based at Wollongbar in Northern NSW.Useful resources related to this podcast:NSW Dairy Farm Monitor Annual ReportsNSW DFMP Interactive ReportThe dairy business Report – Tocal DairyThis podcast is an initiative of the NSW DPI Dairy Business Advisory Unit – visit for further information and resources.It is brought to you in partnership the Hunter Local Land ServicesPlease share this podcast with your fellow farmers and colleagues and feel free to contact us with suggestions or comments via this email address thebusinessofdairy@gmail.comFurther NSW DPI Dairy channels to follow and subscribe to include;NSW DPI Dairy Facebook pageDPI Intensive Livestock Twitter feedNSW DPI Dairy NewsletterTranscript hereProduced by Video LiftThe information discussed in this podcast are for informative and educational purposes only and do not constitute advice. 

This year marks the tenth year of the Dairy Farm Monitor Project in NSW and the most profitable we have seen in that period with an average operating profit or Earnings Before Interest and Tax of $2.07/kgMS which translated into a 4.9% RoTA. This project involves a detailed physical and financial analysis of dairying businesses in NSW and saw 41 farms participate this year, the highest number to date. Participating farms are anonymous and receive an individual farm report.The Department of Primary Industries manage this project in NSW with funding and support from Dairy Australia and this month we see Sheena in the hot seat being interviewed about some of the drivers behind the results by colleague Zita Ritchie who is a Dairy Development Officer based at Wollongbar in Northern NSW.Useful resources related to this podcast:<a href="https://www.dpi.nsw.gov.au/animals-and-livestock/dairy/dairy-business-advisory-unit/dfmp" rel="nofollow" target="_blank">NSW Dairy Farm Monitor Annual Reports</a><a href="https://bit.ly/NSWDFMPDashboard" rel="nofollow" target="_blank">NSW DFMP Interactive Report</a><a href="https://www.tocal.nsw.edu.au/farm-and-facilities/tocal-farms/virtual-farm/dairy/business-reports" rel="nofollow" target="_blank">The dairy business Report – Tocal Dairy</a>This podcast is an initiative of the <a href="https://www.dpi.nsw.gov.au/animals-and-livestock/dairy/dairy-business-advisory-unit" rel="nofollow" target="_blank">NSW DPI Dairy Business Advisory Unit</a> – visit for further information and resources.It is brought to you in partnership the <a href="https://www.lls.nsw.gov.au/regions/hunter" rel="nofollow" target="_blank">Hunter Local Land Services</a>Please share this podcast with your fellow farmers and colleagues and feel free to contact us with suggestions or comments via this email address <a href="mailto:thebusinessofdairy@gmail.com">thebusinessofdairy@gmail.com</a>Further NSW DPI Dairy channels to follow and subscribe to include;<a href="https://www.facebook.com/NSWDPIDairy/" rel="nofollow" target="_blank">NSW DPI Dairy Facebook page</a><a href="https://twitter.com/dpi_livestock?s=11" rel="nofollow" target="_blank">DPI Intensive Livestock Twitter feed</a><a href="https://us10.campaign-archive.com/?u=64a61ba390fea2d885c581bd4&amp;id=dbe30c1d47" rel="nofollow" target="_blank">NSW DPI Dairy Newsletter</a>Transcript <a href="https://www.buzzsprout.com/1781329/episodes/9793818-highest-profit-in-nsw-dairy-farm-monitor-in-10-years" rel="nofollow" target="_blank">here</a>Produced by <a href="http://www.videolift.com.au/" rel="nofollow" target="_blank">Video Lift</a>The information discussed in this podcast are for informative and educational purposes only and do not constitute advice.

Highest Profit in NSW Dairy Farm Monitor in 10 Years

Nitrogen fertiliser is a key input for pasture and fodder production in dairy businesses. In the last eight months we have seen urea prices increase on farm by around 80%. Is it too costly to keep applying with urea prices over $1000 per tonne? This month we are joined by Neil Moss, director and Senior Consultant with Scibus who consults to dairy and beef producers in NSW and interstate. We touch on some of the factors affecting pricing and availability of fertiliser and look at how the numbers stack up for applying urea to your pastures and maize crops. We also talk about some alternative sources of nutrients and provide some food for thought on future nitrogen use and pasture species to be considered on farm.Useful resources related to this podcast:Podcast - RaboResearch Food and Agribusiness – Buy Nitrogen Now or Wait? A Global View for those that are keen to understand more on drivers of the drivers behind the current fertiliser supply and demand situation.Dairy Australia’s Fert$mart Nitrogen Pocket GuideFertiliser for Pastures 2021 (Local Land Services publication) containing nutrient analysis of synthetic and organic material such as poultry litter, dairy effluent and dairy manure.The dairy business Report – Tocal Dairy. This podcast is an initiative of the NSW DPI Dairy Business Advisory UnitIt is brought to you in partnership the Hunter Local Land ServicesPlease share this podcast with your fellow farmers and colleagues and feel free to contact us with suggestions or comments via this email address thebusinessofdairy@gmail.comFurther NSW DPI Dairy channels to follow and subscribe to include;NSW DPI Dairy Facebook pageDPI Intensive Livestock Twitter feedNSW DPI Dairy NewsletterTranscript here Produced by Video LiftThe information discussed in this podcast are for informative and educational purposes only and do not constitute advice. 

Nitrogen fertiliser is a key input for pasture and fodder production in dairy businesses. In the last eight months we have seen urea prices increase on farm by around 80%. Is it too costly to keep applying with urea prices over $1000 per tonne? This month we are joined by Neil Moss, director and Senior Consultant with Scibus who consults to dairy and beef producers in NSW and interstate. We touch on some of the factors affecting pricing and availability of fertiliser and look at how the numbers stack up for applying urea to your pastures and maize crops. We also talk about some alternative sources of nutrients and provide some food for thought on future nitrogen use and pasture species to be considered on farm.Useful resources related to this podcast:Podcast - <a href="https://raboresearchfoodagri.libsyn.com/global-nitrogen" rel="nofollow" target="_blank">RaboResearch Food and Agribusiness – Buy Nitrogen Now or Wait? A Global View</a> for those that are keen to understand more on drivers of the drivers behind the current fertiliser supply and demand situation.Dairy Australia’s <a href="https://www.dairyaustralia.com.au/resource-repository/2021/06/24/fert$mart-nitrogen-pocket-guide#.YZrhMdBByUk" rel="nofollow" target="_blank">Fert$mart Nitrogen Pocket Guide</a><a href="https://www.lls.nsw.gov.au/__data/assets/pdf_file/0007/1323529/fertilisers-for-pastures.pdf" rel="nofollow" target="_blank">Fertiliser for Pastures 2021</a> (Local Land Services publication) containing nutrient analysis of synthetic and organic material such as poultry litter, dairy effluent and dairy manure.<a href="https://www.tocal.nsw.edu.au/farm-and-facilities/tocal-farms/virtual-farm/dairy/business-reports" rel="nofollow" target="_blank">The dairy business Report</a> – Tocal Dairy. This podcast is an initiative of the <a href="https://www.dpi.nsw.gov.au/animals-and-livestock/dairy/dairy-business-advisory-unit" rel="nofollow" target="_blank">NSW DPI Dairy Business Advisory Unit</a>It is brought to you in partnership the <a href="https://www.lls.nsw.gov.au/regions/hunter" rel="nofollow" target="_blank">Hunter Local Land Services</a>Please share this podcast with your fellow farmers and colleagues and feel free to contact us with suggestions or comments via this email address <a href="mailto:thebusinessofdairy@gmail.com">thebusinessofdairy@gmail.com</a>Further NSW DPI Dairy channels to follow and subscribe to include;<a href="https://www.facebook.com/NSWDPIDairy/" rel="nofollow" target="_blank">NSW DPI Dairy Facebook page</a><a href="https://twitter.com/dpi_livestock?s=11" rel="nofollow" target="_blank">DPI Intensive Livestock Twitter feed</a><a href="https://us10.campaign-archive.com/?u=64a61ba390fea2d885c581bd4&amp;id=dbe30c1d47" rel="nofollow" target="_blank">NSW DPI Dairy Newsletter</a>Transcript <a href="https://www.buzzsprout.com/1781329/episodes/9635698" rel="nofollow" target="_blank">here</a> Produced by <a href="http://www.videolift.com.au/" rel="nofollow" target="_blank">Video Lift</a>The information discussed in this podcast are for informative and educational purposes only and do not constitute advice.

Managing High Fertiliser Prices

Commercially operating automatic milking systems (AMS) have been in Australia since 2001. While this system currently makes up less than 1% of the Australian dairy industry, positivity in the industry is currently seeing many farmers consider AMS as part of future investment in their businesses, with a number of farms installing them in the coming 12- 18mths. This month we speaking with two of the “Milking Edge” project team (Juan Gargiulo and Jessica Bell)  who have done excellent research into the profitability of AMS systems compared to conventional milking systems in our Australian pasture based environment and developed world leading, freely available learning modules and decision support tools for interested farmers and industry players to help them in their consideration, understanding and investment process.Useful resources related to this podcast:Online training modules and AMS Integrated Management Model (IMM) Register for the AMS Farm Showcase.This podcast is an initiative of the NSW DPI Dairy Business Advisory UnitIt is brought to you in partnership the Hunter Local Land ServicesPlease share this podcast with your fellow farmers and colleagues and feel free to contact us with suggestions or comments via this email address thebusinessofdairy@gmail.comFurther NSW DPI Dairy channels to follow and subscribe to include;NSW DPI Dairy Facebook pageDPI Intensive Livestock Twitter feedNSW DPI Dairy NewsletterAccess the show transcriptProduced by Video LiftThe information discussed in this podcast are for informative and educational purposes only and do not constitute advice. 

Commercially operating automatic milking systems (AMS) have been in Australia since 2001. While this system currently makes up less than 1% of the Australian dairy industry, positivity in the industry is currently seeing many farmers consider AMS as part of future investment in their businesses, with a number of farms installing them in the coming 12- 18mths. This month we speaking with two of the “Milking Edge” project team (Juan Gargiulo and Jessica Bell)  who have done excellent research into the profitability of AMS systems compared to conventional milking systems in our Australian pasture based environment and developed world leading, freely available learning modules and decision support tools for interested farmers and industry players to help them in their consideration, understanding and investment process.Useful resources related to this podcast:<a href="https://www.dpi.nsw.gov.au/animals-and-livestock/dairy/dairy-technologies/robotic-milking-systems" rel="nofollow" target="_blank">Online training modules and AMS Integrated Management Model (IMM)</a> <a href="https://bit.ly/AMSFarmShowcase" rel="nofollow" target="_blank">Register</a> for the AMS Farm Showcase.This podcast is an initiative of the <a href="https://www.dpi.nsw.gov.au/animals-and-livestock/dairy/dairy-business-advisory-unit" rel="nofollow" target="_blank">NSW DPI Dairy Business Advisory Unit</a>It is brought to you in partnership the <a href="https://www.lls.nsw.gov.au/regions/hunter" rel="nofollow" target="_blank">Hunter Local Land Services</a>Please share this podcast with your fellow farmers and colleagues and feel free to contact us with suggestions or comments via this email address <a href="mailto:thebusinessofdairy@gmail.com">thebusinessofdairy@gmail.com</a>Further NSW DPI Dairy channels to follow and subscribe to include;<a href="https://www.facebook.com/NSWDPIDairy/" rel="nofollow" target="_blank">NSW DPI Dairy Facebook page</a><a href="https://twitter.com/dpi_livestock?s=11" rel="nofollow" target="_blank">DPI Intensive Livestock Twitter feed</a><a href="https://us10.campaign-archive.com/?u=64a61ba390fea2d885c581bd4&amp;id=dbe30c1d47" rel="nofollow" target="_blank">NSW DPI Dairy Newsletter</a>Access the <a href="https://www.buzzsprout.com/1781329/episodes/9447274-are-automatic-milking-systems-profitable-in-australia" rel="nofollow" target="_blank">show transcript</a>Produced by <a href="http://www.videolift.com.au/" rel="nofollow" target="_blank">Video Lift</a>The information discussed in this podcast are for informative and educational purposes only and do not constitute advice.

Are Automatic Milking Systems Profitable in Australia?

Breeding and reproduction targets in a year-round calving system are the focus this month. Matt Brett from Tocal Dairy joins us again to talk about the breeding program at Tocal, looking at their strategy, the systems they have in place to manage and monitor herd reproductive performance and their use of sexed semen.Dr Luke Ingenhoff, veterinarian from Sydney University visits Tocal on a monthly basis and compiles an invaluable report which is used by the Tocal team to monitor the herd reproductive performance and pick up any early issues before they become a costly problem to the business. Luke explains what occurs during a monthly visit and gives us an excellent outline on some of the key targets to monitor in year-round calving systems.Useful resources related to this podcast:Tocal Dairy Monthly Business ReportThis podcast is an initiative of the NSW DPI Dairy Business Advisory UnitIt is brought to you in partnership the Hunter Local Land ServicesPlease share this podcast with your fellow farmers and colleagues and feel free to contact us with suggestions or comments via this email address thebusinessofdairy@gmail.comFurther NSW DPI Dairy channels to follow and subscribe to include;NSW DPI Dairy Facebook pageDPI Intensive Livestock Twitter feedNSW DPI Dairy NewsletterAccess the episode transcript here Produced by Video LiftThe information discussed in this podcast are for informative and educational purposes only and do not constitute advice. 

Breeding and reproduction targets in a year-round calving system are the focus this month. Matt Brett from Tocal Dairy joins us again to talk about the breeding program at Tocal, looking at their strategy, the systems they have in place to manage and monitor herd reproductive performance and their use of sexed semen.Dr Luke Ingenhoff, veterinarian from Sydney University visits Tocal on a monthly basis and compiles an invaluable report which is used by the Tocal team to monitor the herd reproductive performance and pick up any early issues before they become a costly problem to the business. Luke explains what occurs during a monthly visit and gives us an excellent outline on some of the key targets to monitor in year-round calving systems.Useful resources related to this podcast:<a href="https://www.tocal.nsw.edu.au/farm-and-facilities/tocal-farms/virtual-farm/dairy/business-reports" rel="nofollow" target="_blank">Tocal Dairy Monthly Business Report</a>This podcast is an initiative of the <a href="https://www.dpi.nsw.gov.au/animals-and-livestock/dairy/dairy-business-advisory-unit" rel="nofollow" target="_blank">NSW DPI Dairy Business Advisory Unit</a>It is brought to you in partnership the <a href="https://www.lls.nsw.gov.au/regions/hunter" rel="nofollow" target="_blank">Hunter Local Land Services</a>Please share this podcast with your fellow farmers and colleagues and feel free to contact us with suggestions or comments via this email address <a href="mailto:thebusinessofdairy@gmail.com">thebusinessofdairy@gmail.com</a>Further NSW DPI Dairy channels to follow and subscribe to include;<a href="https://www.facebook.com/NSWDPIDairy/" rel="nofollow" target="_blank">NSW DPI Dairy Facebook page</a><a href="https://twitter.com/dpi_livestock?s=11" rel="nofollow" target="_blank">DPI Intensive Livestock Twitter feed</a><a href="https://us10.campaign-archive.com/?u=64a61ba390fea2d885c581bd4&amp;id=dbe30c1d47" rel="nofollow" target="_blank">NSW DPI Dairy Newsletter</a>Access the episode transcript <a href="https://www.buzzsprout.com/1781329/episodes/9272382" rel="nofollow" target="_blank">here</a> Produced by <a href="http://www.videolift.com.au/" rel="nofollow" target="_blank">Video Lift</a>The information discussed in this podcast are for informative and educational purposes only and do not constitute advice.

Tocal Dairy Breeding & Herd Reproductive Performance with Year-Round Calving

The Business of Dairy podcast will look at aspects of management of dairy businesses from both within the farm gate and outside the farm gate, speaking to farmers and service providers with skills, information and knowledge of value to you and your business. We will bring to you monthly discussions on topics that will grow your knowledge and understanding of management areas that will drive strong farm business performance into the future. This series is brought to you by the NSW DPI Dairy Business Advisory Unit with funding and support from the Hunter Local Land Services.

What is over-capitalisation, what does it look like on a dairy farm and how does it impact your business performance? It is important to be aware of how over-capitalisation can add to your business’s cost of production – adding to both cash and non-cash costs.This month, Jake Musson (Data Analyst – Dairy Australia) describes over-capitalisation in a dairy business, the impact it can have and the risk it can create, particularly in times of volatility, if not managed well. Useful resources related to this podcast:·       Jake Musson (Dairy Australia) – NSW System Performance presentation (~19:20 minute mark for ‘Plant and equipment vs. Depreciation)·       Tower of Resilience (John Mulvany)·       Farm Business Snapshot calculator ·       NSW Dairy Farm Monitor reportsThis podcast is an initiative of the NSW DPI Dairy Business Advisory Unit – further information and resources are available hereIt is brought to you in partnership the Hunter Local Land Services Please share this podcast with your fellow farmers and colleagues and feel free to contact us with suggestions or comments via this email address thebusinessofdairy@gmail.comFurther NSW DPI Dairy channels to follow and subscribe to include;NSW DPI Dairy Facebook pageDPI Intensive Livestock Twitter feedNSW DPI Dairy NewsletterTranscript hereProduced by Video LiftThe information discussed in this podcast are for informative and educational purposes only and do not constitute advice. 

What is over-capitalisation, what does it look like on a dairy farm and how does it impact your business performance? It is important to be aware of how over-capitalisation can add to your business’s cost of production – adding to both cash and non-cash costs.This month, Jake Musson (Data Analyst – Dairy Australia) describes over-capitalisation in a dairy business, the impact it can have and the risk it can create, particularly in times of volatility, if not managed well. Useful resources related to this podcast:·       Jake Musson (Dairy Australia) – <a href="https://www.youtube.com/watch?v=HLb7Z2DU6fI" rel="nofollow" target="_blank">NSW System Performance presentation</a> (~19:20 minute mark for ‘Plant and equipment vs. Depreciation)·       <a href="https://www.dairyaustralia.com.au/resource-repository/2020/07/09/tower-of-resilience#.YQc2zo4zaUk" rel="nofollow" target="_blank">Tower of Resilience</a> (John Mulvany)·       <a href="https://www.dairyaustralia.com.au/resource-repository/2021/05/20/farm-business-snapshot#.YQc3TY4zaUk" rel="nofollow" target="_blank">Farm Business Snapshot calculator</a> ·       <a href="https://www.dpi.nsw.gov.au/animals-and-livestock/dairy/dairy-business-advisory-unit/dfmp" rel="nofollow" target="_blank">NSW Dairy Farm Monitor reports</a>This podcast is an initiative of the NSW DPI Dairy Business Advisory Unit – further information and resources are available <a href="https://www.dpi.nsw.gov.au/animals-and-livestock/dairy/dairy-business-advisory-unit" rel="nofollow" target="_blank">here</a>It is brought to you in partnership the <a href="https://www.lls.nsw.gov.au/regions/hunter" rel="nofollow" target="_blank">Hunter Local Land Services</a> Please share this podcast with your fellow farmers and colleagues and feel free to contact us with suggestions or comments via this email address <a href="mailto:thebusinessofdairy@gmail.com">thebusinessofdairy@gmail.com</a>Further NSW DPI Dairy channels to follow and subscribe to include;<a href="https://www.facebook.com/NSWDPIDairy/" rel="nofollow" target="_blank">NSW DPI Dairy Facebook page</a><a href="https://twitter.com/dpi_livestock?s=11" rel="nofollow" target="_blank">DPI Intensive Livestock Twitter feed</a><a href="https://us10.campaign-archive.com/?u=64a61ba390fea2d885c581bd4&amp;id=dbe30c1d47" rel="nofollow" target="_blank">NSW DPI Dairy Newsletter</a>Transcript <a href="https://www.buzzsprout.com/1781329/episodes/9114899-over-capitalisation-is-my-business-at-risk" rel="nofollow" target="_blank">here</a>Produced by <a href="http://www.videolift.com.au/" rel="nofollow" target="_blank">Video Lift</a>The information discussed in this podcast are for informative and educational purposes only and do not constitute advice.

Over-capitalisation – is my business at risk?

Growing high quality feed and utilising it in the Spring period is a key opportunity to lower your total feed costs across the year. Agronomists, Josh Hack and Peter Beale talk about the importance of getting your ryegrass management right coming into the Spring period, the importance of nitrogen in growing this feed source and principles of good grazing management to capture your Spring surplus.Nitrogen is a key profit driver for milk production in a pasture based dairy system and even though we are currently seeing urea prices increase dramatically, Josh works through an example to show that it can still be cost effective to apply with typical dry matter response rates at this time of year and the price of alternate feed sources.Useful resources related to this podcast:·       Peter Beale’s article in the Hunter LLS Winter newsletter.·       Professor Richard Eckard’s, Dairy Australia YouTube clips o   Efficiency of Nitrogeno   Nitrogen grown pasture versus purchased feed o   Timing of Nitrogen Application ·       Josh Hack’s Grazing Management YouTube PlaylistA link to the FertSmart Nitrogen Pocket Guide on the Dairy Australia website.  This podcast is an initiative of the NSW DPI Dairy Business Advisory Unit – further information and resources are available hereIt is brought to you in partnership the Hunter Local Land Services Please share this podcast with your fellow farmers and colleagues and feel free to contact us with suggestions or comments via this email address thebusinessofdairy@gmail.comFurther NSW DPI Dairy channels to follow and subscribe to include;NSW DPI Dairy Facebook page DPI Intensive Livestock Twitter feedNSW DPI Dairy NewsletterAccess a transcript of this episode here Produced by Video LiftThe information discussed in this podcast are for informative and educational purposes only and do not constitute advice. 

Growing high quality feed and utilising it in the Spring period is a key opportunity to lower your total feed costs across the year. Agronomists, Josh Hack and Peter Beale talk about the importance of getting your ryegrass management right coming into the Spring period, the importance of nitrogen in growing this feed source and principles of good grazing management to capture your Spring surplus.Nitrogen is a key profit driver for milk production in a pasture based dairy system and even though we are currently seeing urea prices increase dramatically, Josh works through an example to show that it can still be cost effective to apply with typical dry matter response rates at this time of year and the price of alternate feed sources.Useful resources related to this podcast:·       <a href="https://www.lls.nsw.gov.au/__data/assets/pdf_file/0009/1319985/ag-ext-newsletter-June-2021-web.pdf" rel="nofollow" target="_blank">Peter Beale’s article</a> in the Hunter LLS Winter newsletter.·       Professor Richard Eckard’s, Dairy Australia YouTube clips o   <a href="https://youtu.be/JsgjRCHXwxI" rel="nofollow" target="_blank">Efficiency of Nitrogen</a>o   <a href="https://www.youtube.com/watch?v=-ZQlHIIU698" rel="nofollow" target="_blank">Nitrogen grown pasture versus purchased feed</a> o   <a href="https://www.youtube.com/watch?v=rjeS5BS22mg" rel="nofollow" target="_blank">Timing of Nitrogen Application</a> ·       Josh Hack’s Grazing Management <a href="https://www.youtube.com/watch?v=6lEHJLryZFk&amp;list=PLaxXKPbz0Puj41jzcp9A6LEzAcS9-PyEQ" rel="nofollow" target="_blank">YouTube Playlist</a>A link to the <a href="https://www.dairyaustralia.com.au/resource-repository/2021/06/24/fert$mart-nitrogen-pocket-guide#.YO5k8egzaUk" rel="nofollow" target="_blank">FertSmart Nitrogen Pocket Guide</a> on the Dairy Australia website. This podcast is an initiative of the NSW DPI Dairy Business Advisory Unit – further information and resources are available <a href="https://www.dpi.nsw.gov.au/animals-and-livestock/dairy/dairy-business-advisory-unit" rel="nofollow" target="_blank">here</a>It is brought to you in partnership the <a href="https://www.lls.nsw.gov.au/regions/hunter" rel="nofollow" target="_blank">Hunter Local Land Services</a> Please share this podcast with your fellow farmers and colleagues and feel free to contact us with suggestions or comments via this email address <a href="mailto:thebusinessofdairy@gmail.com">thebusinessofdairy@gmail.com</a>Further NSW DPI Dairy channels to follow and subscribe to include;<a href="https://www.facebook.com/NSWDPIDairy/" rel="nofollow" target="_blank">NSW DPI Dairy Facebook page</a> <a href="https://twitter.com/dpi_livestock?s=11" rel="nofollow" target="_blank">DPI Intensive Livestock Twitter feed</a><a href="https://us10.campaign-archive.com/?u=64a61ba390fea2d885c581bd4&amp;id=dbe30c1d47" rel="nofollow" target="_blank">NSW DPI Dairy Newsletter</a>Access a transcript of this episode <a href="https://thebusinessofdairy.buzzsprout.com/" rel="nofollow" target="_blank">here</a> Produced by <a href="http://www.videolift.com.au/" rel="nofollow" target="_blank">Video Lift</a>The information discussed in this podcast are for informative and educational purposes only and do not constitute advice.

Lowering Total Feed Costs with Good Spring Pasture Management

Justin Walsh

In this episode, we talk to dairy farmer Justin Walsh about his business structure, resources and goals and how he uses his Dairy Farm Monitor Report to measure and monitor the farm’s annual physical and financial performance. Justin also talks about the importance of getting the daily decisions right on farm by calculating metrics like his margin over supplementary feed cost as ultimately it is good daily decisions that drive a profitable business performance at the end of the year.Justin, his wife Libby and their family have developed a strong profile in the NSW dairy industry in recent years having been a very successful Focus Farm with Dairy NSW. He talks about making sure that the business is set up to optimise the use of resources available to it – in their case, matching their calving pattern to their pasture growth curve, improving pasture utilisation on their dryland farm and the importance of this in a pasture based system more generally. This and other decisions on farm have improved pasture utilisation on the milking platform by 2 tonnes of dry matter per hectare over the last 4 years which is a great result on a dryland farm through some tough drought conditions. There has also been an improvement in cow efficiency with the herd now producing 1 kg milk solids per kilo of cow liveweight.The business has improved its profitability over the last 4 years from around $1.00/kgMS to over an impressive $3.50/kgMS in the 2019/20 financial year which translates to a Return on Total Assets Managed of over 6%. This is despite some incredibly high feed prices as a result of the recent drought conditions with their concentrate prices averaging $530/tDM for the 2019/20 financial year.A keen participant in the NSW Dairy Farm Monitor Project, we talk through some of the numbers in their business over the last 4 years, and also the other value that the report provides, such as enabling a strong and robust conversation with financiers and financial planners.Access the transcript of this episode hereTake a look at the NSW Dairy Farm Monitor Project and see past performance of the NSW dairy industry.For more info on the Tocal dairy and the business report visit the Tocal dairy’s Monthly Business ReportWatch Justin’s Dairy Research Foundation presentation “On Farm Settings to Control Risk and Drive Profit” from 2020.This podcast is an initiative of the NSW DPI Dairy Business Advisory UnitIt is brought to you in partnership the Hunter Local Land ServicesPlease share this podcast with your fellow farmers and colleagues and feel free to contact us with suggestions or comments via the following email address: thebusinessofdairy@gmail.comFurther NSW DPI Dairy channels to follow and subscribe to include;NSW DPI Dairy Facebook pageDPI Intensive Livestock Twitter feedNSW DPI Dairy NewsletterProduced by Video LiftThe information discussed in this podcast are for informative and educational purposes only and do not constitute advice.

In this episode, we talk to dairy farmer Justin Walsh about his business structure, resources and goals and how he uses his Dairy Farm Monitor Report to measure and monitor the farm’s annual physical and financial performance. Justin also talks about the importance of getting the daily decisions right on farm by calculating metrics like his margin over supplementary feed cost as ultimately it is good daily decisions that drive a profitable business performance at the end of the year.Justin, his wife Libby and their family have developed a strong profile in the NSW dairy industry in recent years having been a very successful Focus Farm with Dairy NSW. He talks about making sure that the business is set up to optimise the use of resources available to it – in their case, matching their calving pattern to their pasture growth curve, improving pasture utilisation on their dryland farm and the importance of this in a pasture based system more generally. This and other decisions on farm have improved pasture utilisation on the milking platform by 2 tonnes of dry matter per hectare over the last 4 years which is a great result on a dryland farm through some tough drought conditions. There has also been an improvement in cow efficiency with the herd now producing 1 kg milk solids per kilo of cow liveweight.The business has improved its profitability over the last 4 years from around $1.00/kgMS to over an impressive $3.50/kgMS in the 2019/20 financial year which translates to a Return on Total Assets Managed of over 6%. This is despite some incredibly high feed prices as a result of the recent drought conditions with their concentrate prices averaging $530/tDM for the 2019/20 financial year.A keen participant in the NSW Dairy Farm Monitor Project, we talk through some of the numbers in their business over the last 4 years, and also the other value that the report provides, such as enabling a strong and robust conversation with financiers and financial planners. Access the transcript of this episode <a href="https://thebusinessofdairy.buzzsprout.com/" rel="nofollow" target="_blank">here</a>Take a look at the <a href="https://www.dairyaustralia.com.au/industry-statistics/dairy-farm-monitor-project#.YJx47KgzY2x" rel="nofollow" target="_blank">NSW Dairy Farm Monitor Project</a> and see past performance of the NSW dairy industry.For more info on the Tocal dairy and the business report visit the <a href="https://www.tocal.nsw.edu.au/farm-and-facilities/tocal-farms/tocal-virtual-farm-navigation/dairy-farm-details/business-reports" rel="nofollow" target="_blank">Tocal dairy’s Monthly Business Report</a>Watch Justin’s Dairy Research Foundation presentation <a href="https://www.youtube.com/watch?v=33xfzjfgCy8&amp;list=PLmoqJmCJ3t_6n87-pZpHlHYqWvmh_YQK1&amp;index=3" rel="nofollow" target="_blank">“On Farm Settings to Control Risk and Drive Profit”</a> from 2020.This podcast is an initiative of the <a href="https://www.dpi.nsw.gov.au/animals-and-livestock/dairy/dairy-business-advisory-unit" rel="nofollow" target="_blank">NSW DPI Dairy Business Advisory Unit</a>It is brought to you in partnership the <a href="https://www.lls.nsw.gov.au/regions/hunter" rel="nofollow" target="_blank">Hunter Local Land Services</a>Please share this podcast with your fellow farmers and colleagues and feel free to contact us with suggestions or comments via the following email address: thebusinessofdairy@gmail.comFurther NSW DPI Dairy channels to follow and subscribe to include;<a href="https://www.facebook.com/NSWDPIDairy/" rel="nofollow" target="_blank">NSW DPI Dairy Facebook page</a><a href="https://twitter.com/dpi_livestock?s=11" rel="nofollow" target="_blank">DPI Intensive Livestock Twitter feed</a><a href="https://us10.campaign-archive.com/?u=64a61ba390fea2d885c581bd4&amp;id=dbe30c1d47" rel="nofollow" target="_blank">NSW DPI Dairy Newsletter</a>Produced by <a href="http://www.videolift.com.au/" rel="nofollow" target="_blank">Video Lift</a>The information discussed in this podcast are for informative and educational purposes only and do not constitute advice.

Is My Business on Track with Justin Walsh

Matthew Brett, Manager of Tocal College’s dairy in the Hunter Valley region of NSW, talks about margin over feed costs, nitrogen feriliser use, and monthly milk production among other things. Learn about the dairy, its goals, the role it plays in educating the next generation of people who have a passion for and want to work within the dairy industry and be introduced to the Tocal Monthly Business Report.Tocal College has been training future generations of dairy industry employees every year since 1980 when the NSW Dairy Apprenticeship Scheme was originally introduced. It has developed and grown in an effort to be as representative as possible of a ‘typical’ NSW dairy business. Currently, approximately 2.5 million litres are produced annually from 280 – 300 milkers. The herd is mainly comprised of Holstein Friesians with some Aussie Reds and crossbreds, calving year-round in a pasture-based system.Matt Brett has been involved in dairying all his life having been raised on a dairy farm in northern NSW, share-farmed and managed large herd dairies before taking on the Dairy Manager role at Tocal 3 years ago. He gives an overview of the dairy, its operating system and resources and explains its key and important role as part of Tocal College, a registered training organisation.The value in measuring the performance of the business through participation in the NSW Dairy Farm Monitor Project is discussed and we introduce you to the monthly ‘Tocal Dairy Business report’, compiled by the NSW DPI Dairy Business Advisory Unit in conjunction with the Tocal Dairy Team. The report presents DAILY Margin Over Feed Cost and a summary of some key MONTHLY information using information that is readily available within most dairy businesses.The ‘Business Report’ is designed to be used as a quick snapshot to assess that the performance of the business is on track – are the farm goals being met and are there any challenges or opportunities that need to be addressed in a timely manner? It is a report that we would encourage other businesses to generate regularly for their own management purposes.Access a transcript of this episode hereFor more info on the Tocal dairy and the business report visit the Tocal dairy’s Monthly Business ReportTake a look at the NSW Dairy Farm Monitor Project and see past performance of the NSW dairy industry.This podcast is an initiative of the NSW DPI Dairy Business Advisory UnitIt is brought to you in partnership the Hunter Local Land ServicesPlease share this podcast with your fellow farmers and colleagues and feel free to contact us with suggestions or comments via the following email address: thebusinessofdairy@gmail.comFurther NSW DPI Dairy channels to follow and subscribe to include;NSW DPI Dairy Facebook pageDPI Intensive Livestock Twitter feedNSW DPI Dairy NewsletterProduced by Video LiftThe information discussed in this podcast are for informative and educational purposes only and do not constitute advice. 

Matthew Brett, Manager of Tocal College’s dairy in the Hunter Valley region of NSW, talks about margin over feed costs, nitrogen feriliser use, and monthly milk production among other things. Learn about the dairy, its goals, the role it plays in educating the next generation of people who have a passion for and want to work within the dairy industry and be introduced to the Tocal Monthly Business Report.Tocal College has been training future generations of dairy industry employees every year since 1980 when the NSW Dairy Apprenticeship Scheme was originally introduced. It has developed and grown in an effort to be as representative as possible of a ‘typical’ NSW dairy business. Currently, approximately 2.5 million litres are produced annually from 280 – 300 milkers. The herd is mainly comprised of Holstein Friesians with some Aussie Reds and crossbreds, calving year-round in a pasture-based system.Matt Brett has been involved in dairying all his life having been raised on a dairy farm in northern NSW, share-farmed and managed large herd dairies before taking on the Dairy Manager role at Tocal 3 years ago. He gives an overview of the dairy, its operating system and resources and explains its key and important role as part of Tocal College, a registered training organisation.The value in measuring the performance of the business through participation in the NSW Dairy Farm Monitor Project is discussed and we introduce you to the monthly ‘Tocal Dairy Business report’, compiled by the NSW DPI Dairy Business Advisory Unit in conjunction with the Tocal Dairy Team. The report presents DAILY Margin Over Feed Cost and a summary of some key MONTHLY information using information that is readily available within most dairy businesses.The ‘Business Report’ is designed to be used as a quick snapshot to assess that the performance of the business is on track – are the farm goals being met and are there any challenges or opportunities that need to be addressed in a timely manner? It is a report that we would encourage other businesses to generate regularly for their own management purposes. Access a transcript of this episode <a href="https://thebusinessofdairy.buzzsprout.com/" rel="nofollow" target="_blank">here</a>For more info on the Tocal dairy and the business report visit the <a href="https://www.tocal.nsw.edu.au/farm-and-facilities/tocal-farms/tocal-virtual-farm-navigation/dairy-farm-details/business-reports" rel="nofollow" target="_blank">Tocal dairy’s Monthly Business Report</a>Take a look at the <a href="https://www.dairyaustralia.com.au/industry-statistics/dairy-farm-monitor-project#.YJx47KgzY2x" rel="nofollow" target="_blank">NSW Dairy Farm Monitor Project</a> and see past performance of the NSW dairy industry.This podcast is an initiative of the <a href="https://www.dpi.nsw.gov.au/animals-and-livestock/dairy/dairy-business-advisory-unit" rel="nofollow" target="_blank">NSW DPI Dairy Business Advisory Unit</a>It is brought to you in partnership the <a href="https://www.lls.nsw.gov.au/regions/hunter" rel="nofollow" target="_blank">Hunter Local Land Services</a>Please share this podcast with your fellow farmers and colleagues and feel free to contact us with suggestions or comments via the following email address: thebusinessofdairy@gmail.comFurther NSW DPI Dairy channels to follow and subscribe to include;<a href="https://www.facebook.com/NSWDPIDairy/" rel="nofollow" target="_blank">NSW DPI Dairy Facebook page</a><a href="https://twitter.com/dpi_livestock?s=11" rel="nofollow" target="_blank">DPI Intensive Livestock Twitter feed</a><a href="https://us10.campaign-archive.com/?u=64a61ba390fea2d885c581bd4&amp;id=dbe30c1d47" rel="nofollow" target="_blank">NSW DPI Dairy Newsletter</a>Produced by <a href="http://www.videolift.com.au/" rel="nofollow" target="_blank">Video Lift</a>The information discussed in this podcast are for informative and educational purposes only and do not constitute advice.

The Magic and Metrics of Tocal Dairy

The Business of Dairy

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