Farm performance benchmarking is the comparison of financial and farm productivity measures of an individual farm against a pooled data set of other farms.
Benchmarking with a group provides you with the opportunity to share ideas with fellow producers and identify practical ways to implement the learnings from the Farm Performance Assessment.
Benchmarking with Mates allows you to form a benchmarking group with your farming friends. It doesn’t matter where group members are located or what their enterprise mix is. The greater the diversity the greater the insights.
Working alongside Agrista has allowed us to identify areas of our business to improve on and create a set of objectives and measurable targets to aim towards. The benchmarking group includes a network of like-minded people with a common set of goals and aspirations. Through better practices established, we have seen a significant improvement in the financial performance of our business whilst maintaining pastures and animal husbandry.
The due dates will depend on the benchmarking period you chose. Thus, the due dates for submitting your inputs are as follows:
- Calendar year: 15 March 2025
- Production year: 15 June 2025
- Financial year:
+if you are part of a BM group: 15 August 2025
+if you are NOT part of a BM group: 15 September 2025
Typically, groups meet 3 times per year. 1 meeting to discuss group results and 2 meetings as case studies.
All group members’ data is shared with other members to learn and identify opportunities.