Tool to lift profitability

Binney milks 350 cows on 100ha at Kyogle and says DairyBase enables farmers to quickly assess all the aspects of their businesses so they can start making decisions to help their bottom line.

“It took me 45 minutes to an hour to input all the information. All I needed was the yearly financials from the accountant and a 12 month summary from my processor and then you are provided instantly with the analysis on your farm.

“I have done other financial analysis programs before but what I liked about Dairybase was how easy it was to input the data and then get the analysis.”

Developed by Dairy Australia, DairyBase is a secure, web-based tool that enables dairy farmers to measure and compare their farm business. Farmers can sign-up atwww.dairybase.com.au.

After entering their farm data, farmers can then create confidential and comprehensive farm reports to help them understand the overall financial performance of their farm.

Binney says DairyBase calculates all the key performance indicators that are essential for decision making, such as around feedbase, labour and the herd. 

“It very quickly captures that key information to give you areas that you need to focus on and you can then make changes if you wish to do so.”