NSW Dairy Farm Monitor Project
The NSW Dairy Farm Monitor Project (DFMP) is a joint initiative between the NSW DPIRD and Dairy Australia and was first delivered in NSW in the 2011/12 financial year. It is a long-running project delivered by the Dairy Business Advisory Unit which provides farmers, government and the broader dairy industry with valuable information on the profitability, productivity and performance for a range of farms across New South Wales. Individual participating farms receive a detailed report on their profitability and the data is used anonymously to understand how farmers manage the internal and external business conditions over the financial year as well as providing trends in performance over time.
Each year, an annual project report (PDF, 651.95 KB) is produced summarising the impacts on profitability from the group of businesses that participated in the project. This is presented as an overall average of the group, and then further split into a regional analysis of North and South (PDF, 407.21 KB). Alternatively, check out the Interactive DFMP Report also available on this website, which is an easy to view, visual summary of each year’s results.
The quality DFMP data is used as comparative data in DairyBase, a free online dairy business analysis tool developed by Dairy Australia. Measure your own farm business’s performance by using DairyBase or the Farm Business Snapshot (requires less physical farm data) to find areas of strength or potential areas for improvement. These tools enable you to understand your production costs and overall profitability. If used annually, these are great tools for reviewing your business and helping you make informed decisions.
Online interactive (visual) DFMP report
This web-based tool provides a visual snapshot of the NSW DFMP performance data over the lifetime of the project. It enables filtering to view the results for different years for the group of farms as a whole or by region (North or South).
NSW DFMP Annual Reports
Download the annual reports for the DFMP from the Dairy Australia website.
Long-term trends in NSW DFMP data
This project, funded by the Farm Business Resilience Project, analysed data collected from the 78 NSW dairy farms that have participated in DFMP since 2011/12. Physical and financial trends associated with productivity and profitability over the ten-year period were explored.
Animated video series
Hear about the benefits and features of the NSW DFMP.
What is NSW DFMP?
How does DFMP work?
Why use DFMP?
Farmer opportunity
If you want to do more to understand your business performance and use this to help you make more informed business decisions, and you have good physical and financial records, we invite you to apply to be part of the DFMP as a participant. Please contact the DPIRD dairy team dairy@dpird.nsw.gov.au.
The Business of Dairy Podcast
Join the Dairy Unit team as they chat with farmers, service providers, consultants and others about aspects of farm business management inside and outside the farm gate. A valuable source of information and knowledge relevant to the Australian dairy sector.
