Financial performance of livestock farms – DAFF
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www.agriculture.gov.au
www.agriculture.gov.au
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The average rate of return (excluding capital appreciation) for livestock farms is estimated to have fallen in 2022 – 23 to an estimated 1.2% per farm compared with 2.2% in 2021–22. There is wide variability across farms, with the top 20% of broadacre livestock farms estimated to earn an average farm cash income of $609,000 per farm in 2022 …
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SOURCE: Farmer & Cowboy Magazine –
AND ANGUS NEWS: Farmer & Beef Satireh
NOTE: Raising beef cattle and managing beef production requires a comprehensive understanding of various aspects, from breed selection and nutrition to health management and marketing. By implementing best practices and staying informed about industry trends, farmers can achieve success in beef cattle farming. Sustainable practices, effective management, and a commitment to animal welfare are essential for long-term profitability and the well-being of the herd. Whether starting a new operation or improving an existing one, this guide provides valuable insights and strategies to help farmers thrive in the beef cattle industry.
