Improving Productivity and Profitability in Grazing – Managing for profitability (E-Beef online series #2)

The E-Beef online series involved four sessions over four weeks in June (2020), providing landholders, extension staff and industry stakeholders with key insights on new and emerging technologies relevant to the grazing industry.

This is the second webinar recording in the four-part E-Beef series that focuses on managing for profitability in grazing.

These recordings focus on some of the key challenges and opportunities for grazing businesses to improve their profitability, and explores some of the tools to help them do it:

• Optimising profitability and resilience in beef businesses.
• Online business management tools for graziers.

By watching the full recordings you will hear from two very experienced presenters with exceptional insights into managing beef enterprises:

1. Maree Bowen (Principle Research Scientist, DAF) when she discusses the findings of a comprehensive economic study of Queensland grazing businesses.

2. James Walker (Managing Director, AGRIHIVE) and Jodie Knowleton (BDO Food and Agribusiness) when they discuss the AGRIHIVE Program, an online management tool that has been developed to help graziers take control of their business.

You can watch the full recordings or use the playlists below to jump to the start of a particular section within the presentations.
← Improving productivity and profitability in grazing – Technology driven decisions (E-Beef online series #1)

← Improving productivity and profitability in grazing – Technology Showcase – Part 1 (E-Beef online series #3)

← Improving productivity and profitability in grazing – Technology Showcase – Part 2 (E-Beef online series #4)

← Improving the performance of beef production systems in northern Australia – Part 1, with Fred Chudleigh (Department of Agriculture and Fisheries Agricultural Economist, Toowoomba)

← Improving the performance of beef production systems in northern Australia – Part 2, low cost strategies to build the resilience of beef production systems in northern Australia

The Drought and Climate Adaptation Program →

Improving the performance of beef production systems in northern Australia →

Evaluating the consequences of alternative management strategies for beef enterprises in northern Australia (YouTube) →

Improving profitability and resilience of livestock enterprises in western and northern Queensland (Maree Bowen)

Playlist – Improving profitability and resilience of livestock enterprises in western and northern Queensland (Maree Bowen)

1. Improving profitability and resilience of livestock enterprises in western and northern Queensland
2. What is covered in this presentation
3. The project outline
4. Prepare for drought – build resilience
5. Which strategies or technologies are best?
6. Which strategies or technologies are best for my business?
7. Assessing profitability and riskiness
8. The regions (involved in the project)
9. A large number of strategies tested
10. Assessing management strategies
11. What have we learnt?
12. Northern Gulf example – Getting the age of steer turn-off right
13. Northern Downs example – Managing prickly acacia
14. Northern Gulf and Downs example – Transferring steers to the Downs
15. Key insights – the strategies
16. Key insights for northern Australia
17. Key Insights – the strategies (continued)
18. Responding to and recovering from drought
19. Project products available to date
20. Conclusions

The AGRIHIVE Program – Managing for profitability (James Walker and Jodie Knowleton)

Playlist – The AGRIHIVE Program – Managing for profitability (James Walker and Jodie Knowleton)

1. Managing for profitability
2. Introductions
3. Topics being discussed…
4. Control what you can control
5. What is the AGRIHIVE program?
6. Key drivers of profitability
7. Understanding your numbers and terminology
8. Again… Control what you can control
9. Instant asset write-off
10. Business investment incentive
11. Next steps…

Download a copy of the slides

• Improving profitability of livestock enterpises (Maree Bowen; 2.4 MB. PDF).
• The AGRIHIVE Program (James Walker & Jodie Knowleton; 2.8 MB. PDF).