The returns being achieved by the best performers show the considerable potential that exists within the sector. We’ve crunched the numbers to put you in the know about what it takes to become a top performing red meat farmer.
FOUR KEY LEARNINGS FROM TOP-PERFORMERS.
Moving from knowledge to action.
Most farmers have a sense of what needs to be done, but it is only the top farmers who know how to consistently execute to achieve it.
Learning from the dairy industry.
The red meat sector is in a similar position to Dairy in the early 2000’s. The similarities provide case studies, strategic options and insights for red meat producers.
The importance of measuring performance.
Having information is vital when setting goals and making strategic decisions. A commitment to benchmarking and record keeping can help with both.
The role of innovation.
A combination of improved genetics, increased dry matter production, and best-in-market farm management practice is pushing the boundaries of what can be achieved.
Mark Hiddleston, Managing Director ANZ Commercial & Agri talks about our latest research and some of the opportunities that exist for the red meat sector.
RED MEAT BENCHMARKING REPORTS: AN EASIER WAY FOR RED MEAT FARMERS TO MAKE TOUGH DECISIONS
It can be tough choosing the best areas to invest in, in any business. Our latest benchmarking reports highlight how vital these decisions can be in the red meat sector – revealing a massive income divergence between top quartile and bottom quartile performing farms.
Knowledge is everything.
Information plays a vital role in making the right decisions at the right time. Benchmarking allows you to compare your business against your sector counterparts.
Insights for red meat farmers.
Analysis of our Red Meat Producers has revealed core insights from top performing farms. Through framing, these insights can be applied across the whole agribusinesses sector.
Five key areas to invest.
Our analysts have identified five categories where top performing farms invest. The definition of these categories are contained within our new Red Meat Producer benchmarking reports.
The way the reports can help your business will vary. We can help find and apply the most relevant insights, and help you to continue driving your business forward.
INDUSTRY TIPS & CASE STUDIES
ANZ Senior Relationship Manager Marcus Bousfield speaks to ANZ Rural customer, Syd Parkes about the benefits of red meat industry benchmarking.
You may have recently seen ANZ's new 60 second agri television commercial on TV1 - supporting our Pasture & Performance Loan. Check out the commercial here.
There is a wide range of profit performance amongst Red Meat farmers. The challenge – and the opportunity – is finding ways of achieving the same level of results as the upper echelons across the industry. High performers have confidence in the future of the industry and they back their ability to make a difference to the productivity of their farming business. That confidence is demonstrated by a willingness to invest in improvements that deliver superior returns.
Food & Beverage Industry