Dairy excellence recognised in New Zealand competition
In December we launched the 5th year of the New Zealand Dairy Business of the Year Competition where farmers have the chance to benchmark their business against their counterparts at a considerable saving and with some great prizes to be won.
Entries for this competition that recognises business excellence among dairy farmers are accepted through until 7th March 2011. There were 78 farms that entered the competition last year.
SourceNZ has continued its strong support for the competition as our Silver Sponsor, with Ambreed, Vitec, FMG and Intelact also continuing their support as Bronze sponsors. KPMG are the latest addition to our sponsorship group, coming aboard as a Silver Sponsor, as well as PPP Industries and Altum as Bronze sponsors. Elanco also sponsor the Finalist’s Retreat Dinner.
To download an entry form for the NZ Dairy Business of the Year Competition please click here. To read more about the design of the competition and the activities and timelines then please click here.
All participants in the competition receive a comprehensive Red Sky analysis of their farm performance including numerical reports comparing their farm with district benchmarks and a single page graphical description of their business, outlining their performance in the five key areas that drive profit (click here to view 'dot' report). They will also receive a written report detailing opportunities to improve profitability (click here to view written report).
Finalists for the six regional and three farm system prizes, as well as the most improved farm business award winner (expected to number 13-15 farms in total) will also be selected to attend a 2-day retreat at the Hillside Hotel (Huntly) on 18 & 19 May. The supreme award winner will also be invited to attend the Australian Dairy Business of the Year seminar/awards and retreat, as well as being awarded a major travel prize.
There will be a seminar and awards dinner at SkyCity, Hamilton on Tuesday 17 May, the day before the retreat. This will be open to all farmers (not just those who enter the competition). To read more about the Seminar & Awards and/or to register, please click here.
We are thrilled to have the Dairyman as our media partner for the Competition, along with Straight Furrow. So please fill in the competition entry form enclosed in the next issue of the Dairyman as a first step to greater profitability. It can also be downloaded from this website. The closing date is 7 March.
The key judging criteria is Return on Capital; other factors to be considered include profit per hectare, cost of production, milk production per hectare, pasture harvest per hectare, cost of feed, labour efficiency and core cost structure.
The entry fee of $325 plus GST covers the Red Sky Farm Performance Analysis.
Watch this space for more details on the competition and conference.
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Silver Sponsors |
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Bronze Sponsors |
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