Farm Business Planning Tools
Gross Margin Analysis Tools
The gross margin budget templates allow comparisons to be made between enterprises. Gross margin is the financial difference between returns received from sales of produce and the variable costs associated with producing that produce. The business overheads can be taken into account using the Designing a Successful Business template.
Designing a Successful Business (147Kb)
Because of the large variation in environmental conditions and management systems it is impossible to produce any budget that has universal applicability. As a consequence all the spreadsheets are designed to allow the user to enter data (yields, costs, prices) that best suit their own environment and management system. Spreadsheets for livestock and crops have been prepared based on the climate (rainfall, evaporation, minimum and maximum temperatures) and soil types of two districts, the Meander Valley (referred to as high rainfall) and the Midlands (referred to as low rainfall) with the intention that users will modify the tools to suit conditions on their own farm.
A users guide to the Gross Margin and Financial Analysis Tools is provided here.
Users guide to gross margin financial analysis (433Kb)
If you have questions, queries or suggestions for further development please contact Mary Bennett, Agricultural Economist, phone 03 6165 3163 or email Mary.Bennett@dpipwe.tas.gov.au
Please note: Before using the Gross Margin Analysis Tools users are advised to read the
The current scope of enterprises that can be analysed using the tools attached below include:
Beef cattle breeding (high and low rainfall)
Beef cattle finishing & trading (high and low rainfall)
Dairy (high and low rainfall)
Dairy agistment (high and low rainfall)
Prime lamb production - first cross ewe (high and low rainfall)
Prime lamb finishing (high and low rainfall)
Wool (low rainfall)
Olives (for oil)
Wine Grapes (Chardonnay & Pinot Noir) NEW VERSION COMING SOON
Cereal - Barley [irrigated and dryland] (high and low rainfall)
Cereal - Oats [irrigated and dryland] (high rainfall)
Cereal - Wheat [irrigated and dryland] (high and low rainfall)
Beans [fresh and processing] (high rainfall)
Brassica seed (high rainfall)
Broccoli (high and low rainfall)
Canola [irrigated and dryland] (high rainfall)
Carrot seed (low rainfall)
Carrots [fresh] (high and low rainfall)
Carrots [processing] (high rainfall)
Cauliflower (high rainfall)
Clover seed (high rainfall)
Grass seed (high and low rainfall)
Linseed (low rainfall)
Lucerne (high rainfall)
Maize silage (high rainfall)
Onions (high and low rainfall)
Peas (high rainfall)
Poppies (high and low rainfall)
Potato seed (high and low rainfall)
Potatoes [fresh and processing] (high and low rainfall)
Pumpkins (high rainfall)
Pyrethrum (high and low rainfall)
Note: Meander Valley is regarded as high rainfall and the Midlands as low rainfall.
Feed Grade Wheat
Feed Grade Barley
Dairy Conversion (dryland and irrigated)
Dairy Greenfield Development
Organics Gross Margin report
Designing a Successful Business (147Kb)
Profitability of Irrigated Perennial Crops (115Kb)
Irrigation Investment Analysis (146Kb)
Property Management Planning - Financial Management Module
Understanding how your farm business finances are performing is integral to being able to make smart decisions relating to the activities that you carry out in your farming operation. While the profit and loss statements and balance sheets included in your tax return provide important figures for the operation of your farm business, the financial data that they provide can be broken down even further to provide more meaningful information which can be used to assess the performance of your farm business finances over time.
The financial management module is a basic tool which helps you, as the farm operator or business manager, to do this and aims to help you to make more informed decisions relating to the management of the entire farming operation. With support from the Tasmanian Government the financial management module was developed by Tasmania Farmers and Graziers Association as part of the collaborative Tasmanian Property Management Planning Framework.
The financial management module is available from the
Smart Questions to Ask When Investing in Irrigation
Investing in the purchase of water or an irrigation dam is a major decision, similar to the purchase of land. Opportunities are infrequent, and the investments are for the long-term; both land and water purchases add to the lasting physical resources of the business. These investments provide the opportunity for the business to grow. So when opportunities arise they need to be very carefully considered.
The Investing in Irrigation fact sheet describes issues what irrigators might consider when there is an opportunity to source new water for irrigation. The fact sheet was prepared for the Tasmanian Farmers and Graziers Association by AK Consultants with the support of Tasmanian Irrigation.
Investing in Irrigation Fact Sheet (129Kb)
Investing in Irrigation Case Studies
Tasmanian Irrigation has produced real-life case studies on investing in irrigation in the north-east of Tasmania, based on the experiences of two local farming families. This information could be valuable to potential investors right across the state.
Information on investing in the Tasmanian wine industry is available from
. A guide for investors
can be found on the
. The guide was developed by the Department of Economic Development, Tourism and the Arts (Economic Development is now part of Department of State Growth) and Wine Tasmania.
For further information
, including an investor checklist, details of vineyards for sale and potential partnerships contact Wine Industry Tasmania:
Chief Executive Officer
Wine Industry Tasmania Ltd
147 Davey Street
HOBART TAS 7000
Phone (03) 6223 3770
Fax (03) 6223 1770
Important Information and Disclaimer
By using this website you accept all the terms of this disclaimer.
The information, models and spreadsheet tools accessible using this website have been prepared to assist in making farm management and investment decisions and are intended as planning tools. As such, users will need to adapt the models for their own circumstances. Users of this website are encouraged to vary the input costs, yields and return assumptions to better represent their own situation.The agricultural sector is subject to significant variations in costs, returns and yields over time and as such budget projections will need to be reviewed to reflect the prevailing circumstances.Changes can be readily made to the models by varying the values in the blue-shaded cells in the individual gross margin worksheets. Users of the models are also welcome to change the basic set-up of each gross margin or add further enterprises. The Crown in Right of Tasmania ("Crown") which commissioned the development of these models and spreadsheet tools, and the consultants Macquarie Franklin and Armstrong Ketelar Consulting who undertook the development work, expressly disclaim all and any legal liability and responsibility whatsoever arising from or connected with:
None of the input costs and projected yield information listed on the website should be treated as recommendations or advice and the information, models and spreadsheet tools accessible on this website are made available on the understanding that the Crown and MFAKC are not providing professional advice. The use of this website and information obtained from its use is not a substitute for independent professional advice and users should obtain any appropriate professional advice relevant to their particular circumstances. If you have comments in relation to this website or suggestions for further development please contact Mary Bennett at Mary.Bennett@dpipwe.tas.gov.au.CopyrightCopyright of all information (including the models and spreadsheets) published on this website ("information") is owned by the Crown. All information is protected so far as is allowed by the provisions of the Copyright Act 1968 (Cth) ("the Act").Apart from any use permitted by the Act, the Crown grants users of this site a licence (within the meaning of the Act) to download, use, print and otherwise reproduce the information. This licence is granted on the condition that the Crown (as represented by the Department of Primary Industries, Parks, Water and Environment ("Department")) must be acknowledged as the source of that information. Furthermore, users must ensure any third party is aware that the disclaimer applies in respect of the reproduction, quotation and use of the information.For permission to reproduce or use the information beyond this limited licence, permission must be sought from the Department.
the accuracy, reliability, validity, currency or completeness of any information on this website including the models and spreadsheets;
the accuracy, reliability, validity, currency or completeness of any results obtained from the use of the information on this website including the models and spreadsheets;
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