Net Farm Income Analysis (2015/16)

The results of budgeted net farm income per hectare, for both the top 20% of clients plus average for the group, ranked on Return on Assets is shown below:

These figures illustrate the importance of having costs appropriate for realistic expected output, not necessarily the lowest costs in absolute terms. The cumulative effect of the top 20% of clients having slightly higher trading income per hectare, coupled with slightly lower operating and interest costs per hectare, results in this group having net farm income per hectare 36% higher than the average figure for the client group.