1. Benchmarking for Profit Brendon Tierney

2. Enterprise Mix Source: Planfarm Bankwest Benchmarks

3. A Little Maths... $ $ DSE = X WGHaDSEWGHa

4. Stocking Rate Source: Planfarm Bankwest Benchmarks

5. Stocking Rate Source: Planfarm Bankwest Benchmarks

6. Stocking Rate Optimise the balance between supply and demand. Supply side Seasonal influences Grazing cereals Perennials Demand side Flock structure Time of lambing

7. Margin Per DSE Source: Planfarm Bankwest Benchmarks

8. Margin Per DSE Source: Planfarm Bankwest Benchmarks

9. Business Goals/Objectives Set the direction for your business Must be SMART Specific Measurable Achievable Relevant Time constrained

10. Business Goals/Objectives “I want to improve the performance of my sheep flock” “I will increase the enterprise gross margin of my sheep flock by 30% over the next five years”

11. Strategy/Action Plan Know what your goal is Formulate a strategy/action plan Technical content from today Comprehensive plan First things first This plan is a checklist

12. Summary Mixed farming systems can be highly profitable. Stocking rate is the key driver of livestock profits – think “Optimum” Plan your progress

13. Benchmarking for Profit Brendon Tierney brendon@planfarm.com.au 0427 681 574