Benchmarking
Shand Thomson believe benchmarking your performance against your own trends and other like properties can help you identify opportunities for development and fine tuning on your farm.
We collate benchmarks for:
- sheep, beef and deer farming enterprises
- dairy farming enterprises
We have been monitoring production and financial results for sheep, beef and deer farmers in the Clutha District for 30 years. Annual statistical and trend summaries are:
- provided to our clients when their individual annual reports are prepared
- collated each year to arrive at a district summary which:
- categorises the results into two stock unit groupings
- reports on the "average" and "upper 25%" of farmers, as determined by economic farm surplus
Dairy farm results are benchmarked against our district and Dairybase's databases.
Benchmarks enable us to assist you with:
- comparing your business results against similar businesses
- identification and monitoring of key performance indicators
- identifying opportunities to improve your profitability and grow your business
- determining and monitoring long term goals that incorporate your personal aspirations and objectives
Shand Thomson has published Clutha District Farm Statistics for a number of years. This report analyses the financial performance of sheep, beef and deer farmers and provides key performance indicators and trends that can assist with farm management and planning decisions.
If you would like to discuss farm benchmarking please contact Tim Bathgate on 03-4180020.
Below is a snapshot of our most recent sheep & beef FY25 results.
