It is a usefulindicator of business performance that highlights the ability of your business to cope with volatile milk prices. In general, farm businesses with a low BEMP have more money to invest and grow. The aim should not be just to breakeven, but to have a low enough BEMP that there is surplus cash available for debt reduction and/or investment.
Use the calculator below to work out your farm BEMP. You can calculate previous seasons BEMP by looking at your farm accounts or a benchmarking report such as DairyBase. Use your budget to calculate a forecast BEMP. Remember, BEMP is just one of a number of useful KPIs and should not be used in isolation.
To use the calculator:
- Enter your farm information in the white boxes in the sheet below starting with Milksolids (kg) (type over the example numbers currently there).
- The figures in the green boxes will automatically calculate for you.
Please note: your information will not be saved if you leave this website. To save your information, download the spreadsheet by clicking this symbol located in the shaded bottom area of the sheet.