The stories behind the figures – Grains Research & Development Corporation

The top performing farms (the Top 20% as ranked by Return on Assets Managed or ROAM) in the northern grains region achieved almost twice the profit of the average farms in the Agripath datasets compared over two or three years. For the larger farms in the western and central zones, ROAM averaged just under six per cent, while the top farms achieved a profit equal to 10 per cent ROAM. Average profit on smaller farms in the higher rainfall areas, with higher land values was four percent ROAM while the Top 20% achieved 7.3 per cent over the three years.

– See more at: http://www.grdc.com.au/Research-and-Development/GRDC-Update-Papers/2015/08/The-stories-behind-the-figures#sthash.zh5KfB36.dpuf

Source: The stories behind the figures – Grains Research & Development Corporation