Calculating Operating Profit on a Dairy Farm

 

Dairy Cattle Attribution Steve Partridge

Estimate adjustments using the tables below. Add them in to the Operating Profit table below.

It is important that the basic financial information from your accounts is adjusted when calculating Operating Profit, so all farming systems can be compared on an equal footing. The following are the . . . → Read More: Calculating Operating Profit on a Dairy Farm

Dairy Farm Annual Cash Budget

Dairy Cows Attribution Jim Champion

The basic principles of management are planning and control by monitoring.

The management of income and expenditure in the business is called Financial Planning or Budgeting.

A sound financial plan is essential to ensure the success or viability of any business; whether an existing business, a business . . . → Read More: Dairy Farm Annual Cash Budget

What is a Monthly Cashflow Budget for a Dairy Farm?

Dairy Cow Attribution Helen Wilkinson

A cashflow budget outlines your monthly financial situation.

It formalises, on a month-by-month basis, what income you expect and what you anticipate spending.

Any surplus or deficit is shown progressively month-by-month. You can then compare your actual expenditure with your monthly expenditure to monitor your cashflow position, and . . . → Read More: What is a Monthly Cashflow Budget for a Dairy Farm?

Dairy Farm Operating Profit Calculation Sheet

Calculating Dairy Farm Operating Profit

 

Dairy Herd Attribution Richard Croft

The following section defines the method and information required to calculate operating profit and ensure that the final result is comparable with other dairy farms.

Fill in theĀ  income and expenses in the table located on the Business Planning Section located in the Dairy Site titled Dairy . . . → Read More: Calculating Dairy Farm Operating Profit

Dairy Farm Operating Profit

 

Dairy Herd Attribution Albert Bridge

Dairy Operating Profit (formerly known as Economic Farm Surplus (EFS)) is a measure of farm profitability used for benchmarking comparison between dairy farms. The guidelines described in this article are based on the industry standard as set by DairyBase.

Dairy Operating Profit is the Dairy Revenue less . . . → Read More: Dairy Farm Operating Profit