Evaluating the Economics of Export Hay in Selected Farming Systems

This farm business analysis was conducted on behalf of the Australian Exporters Company (AEXCO) to assess the financial and risk management benefits of including the Export Hay enterprise in farming systems in Australia. The two farming systems used for this analysis were located in South Australia and Western Australia.  The inclusion of the Export Hay in these farming systems helped manage business and agronomic risk in the following major areas: Improved ‘Net Farm Profits’ and efficiencies, as measured by ‘Return on Assets Managed’. Competitive gross margins when compared to grain production and sheep. Economic balance to grain production as the [...]