1.01 - Farm data questionnaire
This may include a checklist of questions that need to be answered when exploring and evaluating new options, for example variable costs, labour, special training, compliance, return, risk factors, capital investment required, maintenance, real asset depreciation, animal feed requirements, health issues, availability of livestock, market volatility, prices, specifications and variation.
If a consultant is being used to assist with the task, they are likely to require information relating to:
- land area and land use
- rainfall data
- fertiliser rates
- labour availability and usage
- herd numbers and livestock classes
- stocking rate
- marketing options
- stock sales
- herd reproductive data
- supplementary feeding amounts and practices
- cattle enterprise costs
- farm overhead costs
- cash flow
- balance sheet
- profit and loss statement.