Dairy Farm Business Strategic Review results in $3.65 million in new investment
Rural Business Support’s highly successful Dairy Farm Business Strategic Review has assisted more than 50 dairy family businesses in the past two years, contributing to more than $3.65 million in new investment by the program’s participants.
The pilot program in 2016 was funded by a grant from the South Australian Government through PIRSA. The rollout in 2017 was funded by DairySA, the SA Dairy Industry Fund and PIRSA.
RBS also acknowledges the support of the dairy industry at state and national level.
This is what some of the dairy families had to say about the program.
“I was sceptical – but it’s useful and full of fresh ideas”
“Great way to evaluate where your business is at and where you are heading”
“We have greater understanding of our farm productivity and profitability”
“Very helpful for assessing future investment plans”
“It is not intimidating – the facilitators are respectful and knowledgeable”
“Great that it is a specific and tailored plan for every farm”
“The program gives you goals, deadlines and the confidence to move forward”
“Well organised and to the point”
“Definitely do it!”
“As a participant in the pilot I recommend this to all dairy families” – John Hunt SADA
Building on its success in the dairy industry, the Farm Business Strategic Review has also been piloted with 10 pork families. In 2018 the Grains Industry Farm Business Strategic Review will be rolled out – find out more here.