Re: Red Sky Benchmarking

From: Donald Grant (drgrant@sympac.com.au)
Date: Tue Feb 21 2006 - 19:46:22 EST


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Tanya,

As you are a MG supplier you might find the benchmarking available =
through Mistro Finance and MG suitable for your needs.

Don Grant,
Warragul =20
  ----- Original Message -----=20
  From: Tanya Robbins=20
  To: vicdairy-l@unimelb.edu.au=20
  Sent: Monday, February 20, 2006 9:45 PM
  Subject: Red Sky Benchmarking

  So when you enter all your info in , do you go off say , your profit =
and loss statement from your financials at the end of a tax year ? In =
our case I would consider it pointless entering all our figures from =
when we were sharefarming as that is so less relevant now. Currently we =
are making decisions now for next season such as fertiliser program , =
oversowing , increase in stocking rate , dairy renovation , fencing etc =
etc which are in line with our goals . I do my own budgets with help =
from MG.
  BTW we don't use a private consultant as such either .

  Average cows per effective milking hectare for the top ten% in SW Vic =
is 2.23=20
  Milksolids per effective milking hectare-1,030
  ROE-12%
  ROA-10.4%.....

  Perhaps its best not to worry too much about benchmarking until we =
have a full set of financials to look back on which relate to our new =
situation.=20

  Thanks for the replys
  Shawn Robbins
  Batemans Road=20
  Boorcan
  0355954420=20

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<DIV><FONT face=3DArial size=3D2>Tanya,</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2>As you are a MG supplier you&nbsp;might =

find&nbsp;the benchmarking available through Mistro Finance and&nbsp;MG =
suitable=20
for your needs.</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2>Don Grant,</FONT></DIV>
<DIV><FONT face=3DArial size=3D2>Warragul&nbsp;&nbsp;</FONT></DIV>
<BLOCKQUOTE dir=3Dltr=20
style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
  <DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV>
  <DIV=20
  style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
  <A title=3Dtrobbins@westvic.com.au =
href=3D"mailto:trobbins@westvic.com.au">Tanya=20
  Robbins</A> </DIV>
  <DIV style=3D"FONT: 10pt arial"><B>To:</B> <A =
title=3Dvicdairy-l@unimelb.edu.au=20
  =
href=3D"mailto:vicdairy-l@unimelb.edu.au">vicdairy-l@unimelb.edu.au</A> =
</DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Monday, February 20, 2006 =
9:45=20
  PM</DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Red Sky =
Benchmarking</DIV>
  <DIV><BR></DIV>
  <DIV><FONT face=3DArial size=3D2>So when you enter all your info in , =
do you go=20
  off say , your profit and loss statement from your financials at the =
end of a=20
  tax year ? In our case I would consider it pointless entering all our =
figures=20
  from when we were sharefarming as that is so less relevant now. =
Currently we=20
  are making decisions now for next season such as fertiliser program ,=20
  oversowing , increase in stocking rate , dairy renovation , fencing =
etc etc=20
  which are in line with our goals . I do my own budgets with help =
from&nbsp;=20
  MG.</FONT></DIV>
  <DIV><FONT face=3DArial size=3D2>BTW we don't use a private consultant =
as such=20
  either .</FONT></DIV>
  <DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
  <DIV><FONT face=3DArial size=3D2>Average cows per effective milking =
hectare for=20
  the top ten% in SW Vic is 2.23 </FONT></DIV>
  <DIV><FONT face=3DArial size=3D2>Milksolids per effective milking=20
  hectare-1,030</FONT></DIV>
  <DIV><FONT face=3DArial size=3D2>ROE-12%</FONT></DIV>
  <DIV><FONT face=3DArial size=3D2>ROA-10.4%.....</FONT></DIV>
  <DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
  <DIV><FONT face=3DArial size=3D2>Perhaps its best not to worry too =
much about=20
  benchmarking until we have a full set of financials to look back on =
which=20
  relate to our new situation. </FONT></DIV>
  <DIV>&nbsp;</DIV>
  <DIV><FONT face=3DArial size=3D2>Thanks for the replys</FONT></DIV>
  <DIV><FONT face=3DArial size=3D2>Shawn Robbins</FONT></DIV>
  <DIV><FONT face=3DArial size=3D2>Batemans Road </FONT></DIV>
  <DIV><FONT face=3DArial size=3D2>Boorcan</FONT></DIV>
  <DIV><FONT face=3DArial size=3D2>0355954420</FONT>&nbsp;</DIV>
  <DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
  <DIV><FONT face=3DArial =
size=3D2></FONT>&nbsp;</DIV></BLOCKQUOTE></BODY></HTML>

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