This workbook has been updated following the completion of the RMPP (Red Meat Profit Partnership) and is designedto be used in a workshop setting, however, is suitable for one-on-one use for farmers to develop their Excel skills.

The dairy industry has been under immense pressure over the last 18 months and has faced challenges on many fronts including compliance and increased costs such as feed, fertilizer and fuel. The announcement of a drop in this season’s forecast payout could be the biggest challenge that farmers face over the next period of time.

The announcement late last week of the expected drop in milk payout was disappointing news for dairy farmers already busy with calving and now adding reviewing budgets to the long list of things to be done.

DairyNZ have collected in-depth current season budgets from a number of top performing farms with a focus on lower ‘per unit’ cost of production to help you identify opportunities.