2007, Volume 10, Paper 73

Future Productivity and Growth in Dairy Farm Businesses in New Zealand: the Status Quo is not an option

Bill Malcolm and Alex Sinnett
School of Agriculture and Food Systems, University of Melbourne

Introduction

There are several themes in this paper, all relating to the imperative for dairy businesses to grow and to improve productivity. For agricultural businesses to grow and increase productivity in a dynamic world, the status quo is not an option.

People running dairy businesses like to look at how their business has performed in the past year or so, and in the last month and the last week. More importantly, they need to look forward – to next week, next month and next year. Equally important, business people must look to the next 3-5 years. And, occasionally, a glance toward the next 10 years and further out, helps.

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