FBM and DairyBase Training 2017-18

In 2017/18 three modules that will cover the skills and knowledge needed to use DairyBase will be delivered through Regional Development Programs. DairyBase, the Standard Chart of Accounts and the ‘Dairy farm business analysis’ fact sheets are integral to Dairy Australia’s Farm Business Management (FBM) education program.

Dairy farm business analysis

This is a two day course that assists farmers and their advisers to better understand and analyse farm business performance. It uses DairyBase and covers the importance of getting annual farm physical and financial numbers right, how to interpret farm performance and to understand cash, profit and wealth for a dairy farm business using DairyBase reports. This course is recommended for all dairy farmers and their advisers. To get the most from this course you should have an understanding about monitoring farm performance, or have completed ‘Getting into farm data’ and ‘Getting into farm business management’. Familiarity with DairyBase is an advantage. Not sure this is the place to start?
Give the FBM self-assessment tool a go.

Getting into farm data

Run over 1 – 2 days and focuses on farm physical performance data, and the skills and knowledge to pull together this data for your farm. It provides an introduction to DairyBase and the Dairy Farm Business Analysis fact sheets. Not sure this is the place to start?
Give the FBM self-assessment tool a go.

Getting into farm business management 

Runs over 3 days and focuses on farm financial management providing the skills and knowledge to pull together annual farm financial numbers. It also covers getting organised, budgeting, compliance and farm financial systems. It introduces DairyBase, the Standard Chart of Accounts and the Dairy Cash Management Planner. Not sure this is the place to start?
Give the FBM self-assessment tool a go.

Getting into farm data and Getting into farm business management are FBM Fundamentals modules. They provide the underpinning skills and knowledge needed to manage a dairy farm business and to undertake the ‘Dairy farm business analysis’ module. Not everyone will need to do these modules – talk to your Regional Development Program about where to get started.

FBM self-assessment

Dairy Australia has developed a quick self-assessment tool that is designed to help farmers decide where they should start undertaking FBM training. Go to the tool, which is a short series of questions about farm business management practices. It will provide you with feedback and the chance to request follow up from your Regional Development Program. Give it a try.

FBM extension

Modules are available for delivery with groups, including discussion groups. These will be rolled out in regions by RDPs, supported by funding to access providers who are best placed to deliver. Examples of extension modules available are:

  • Introduction to DairyBase
  • Introduction to the Standard Chart of Accounts
  • Break-even milk price
  • Setting up your farm office