CONSIDER THE FINANCIAL IMPLICATIONS

We suggest you do two things before you commit to building a feed pad. First, use the tool below for an initial assessment of the financial impact. Then, if the investment looks promising, complete a whole farm analysis with your advisor. This will enable you to go into the project with your eyes wide open – no surprises!

Is it worth it? Quick calculations

Make an initial assessment of the financial impact a feed pad will have for your farm. Our check-it-out tool predicts investment payback periods using a partial budget approach.

Look promising? Next steps…

Conduct a whole farm analysis to ensure you understand all the costs and benefits before proceeding. Complete a whole farm analysis with your consultant or farm advisor.

Consider $ training

Financial analysis skills are critical if you are to assess investment opportunities well.  Consider undertaking some training.

The National Centre for Dairy Education Australia offers a unit on analysing the performance of your dairy farm business – Analyse Business Performance (AHCAGB604A).

Rabo Bank also runs courses for farm managers.*

*Disclaimer
The list of service providers is provided for information purposes only. We do not expressly or impliedly endorse, recommend or support the service providers named therein, their products or services. The information has been supplied voluntarily and is not intended to represent a comprehensive list of available service providers. The information may be of assistance to you but it is provided on the basis that all persons accessing it undertake responsibility for assessing the relevance and accuracy of its content.
We do not guarantee that the information provided is without flaw of any kind or is wholly appropriate for your particular purposes and therefore disclaims all liability for any error, loss or other consequence which may arise from you relying on any information in this work.