Title: QUEENSLAND DAIRY ACCOUNTING SCHEME 2004: RESULTS AND ANALYSIS
Author(s): Murphy, R.(1) + Busby, G.(2)
Organisation: 1-Queensland Department of Primary Industry and Fisheries, Toowoomba, Queensland, 2-Queensland Department of Primary Industry and Fisheries.
Country: Australia
This paper provides an overview of the operation of the Queensland Dairy Accounting
Scheme (QDAS) and the results and analysis of the 2003-04 data. QDAS is a voluntary scheme
providing dairy farmers with an analysis of their dairy business. Key indictors measure performance
and the results are then compared against benchmarks and personal targets. Analysis of
data has shown that the profit drivers on the most profitable farms in QDAS, are production per
cow, herd size, use of homegrown feeds and use of nitrogen fertiliser.
Keywords: Benchmarking, diary business analysis, comparative analysis.