Every farmer measures success differently - depending on their business and personal goals.
DairyBase offers two types of benchmarking - the business's financial performance and the farm’s physical aspects – and compares them to industry standards or targets.
Both set out farm information in a standard way to make comparisons easy. To get the most out of benchmarking use the financial and the physical reports together, and for more than one year.
What is the process for using DairyBase?
1. Register the farm business
At this point, permission can be given for an accountant or rural professional to access reports.
2. Complete farm business description questionnaire (L1)
Filled in every season.
3. Analyse the farm business
Financial and/or physical detail (L2) and/or environmental information (L3) is collected and analysed. The DairyBase Support Centre or your rural professional will assist with this step.
4. Access your DairyBase reports online
Login at dairybase.co.nz
5. Discuss reports
A chance for farmers to identify opportunities with their rural professional.