Successful Succession

One of the most difficult things to deal with on farm is the issue of succession. Whilst in the past there was an assumption that one of your children would take over the business from you, this now is less common and is complicated by various factors. 1. The high capital value of land 2. […]

Joint Venturing

Over the last year I have seen an increase in farmers coming to my office looking for help and information on joint ventures. What is driving farmers into examining this type of business structure, and what is a joint venture? A joint venture is any business venture where two partners share capital and risk.  This […]

How Should I Benchmark My Dairy Business?

What is the best way to financially analyse my dairy farm business..? The answer rather confusingly is, in several different ways. Comparable Farm Profit (CFP) is the standard way that we benchmark dairy businesses here at FCG. This method allows us to remove the differences between owned and tenanted farms and also between farms that […]

Concentrate Feeding In A.M.S. Systems

Conventional wisdom mainly from the manufacturers of Automated Milking Systems is that feeding of concentrates must be heavily biased towards the milking station. Is this true? Typically manufacturers and the nutritionists working for them feed low levels of concentrate in the T.M.R. The rationale behind this is that more concentrate feed in the robot, equals […]