Difference between revisions of "Other Crop Summary"

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This page is a summary of gross margin information based on information entered on the '''[[Other Crop Assumptions]], [[Other Crop Growing Costs]]''' and '''[[Scenario Assumptions]]''' pages.  
===What is this page?===
This page is a summary of gross margin information based on information entered on the [[Other Crop Assumptions]], [[Other Crops Growing Costs]] and [[Scenario Assumptions]] pages.  


This page displays all other crops and no entry of information is required.
This page displays a table showing other crops entered and no entry of information is required. The table has sections for area/yield, gross margin per hectare, gross margin for area grown, gross margin per tonne or unit, and labour and fuel.


<blockquote> '''Tip:''' This page can be printed or saved as a PDF by right clicking on the table and selecting "Print".</blockquote>
* '''Tip:''' This page can be printed or saved as a PDF by right clicking on the page and selecting "Print".


====Economic Theory====
===Economic Theory===
Gross margins are calculated by subtracting variable costs from gross income. Comparing the cane gross margins of two different farming systems is a useful way to examine the profitability of adopting new management practices, which helps to inform farm management decisions.  
====Gross Margin====
'''Gross margins''' are calculated by subtracting variable costs from gross income. Comparing the '''gross margins''' of different fallow crops is informative and helps you to make fallow crops choices that enhance whole-of-farm profitability.  


However, farm managers also need to account for any changes in fixed costs that might occur from the adoption of new practices as well as any required capital expenditures on new equipment. If so, a comparison of operating return would be a more precise indicator of relative profitability, which would require completion of the '''[[Depreciation]], [[Assets]]''' and '''[[Fixed Costs]]''' pages.
* If you were only aiming to develop a '''gross margin''' then you can skip to the [[Farm Performance Indicators]] page.




[[File:Other Crops Summary.png|1000px|frameless|center]]
[[File:Gross Margin Formula.png|1000px|frameless|center|link=]]
 
====Operating Return====
If growers are evaluating the profitability of growing fallow crops they have not grown before then they would need to consider any changes in fixed costs that might occur and/or any required capital expenditures on new equipment. If so, a comparison of '''operating return''' would be a more precise indicator of relative profitability.
 
* This would require completion of the [[Assets]], [[Depreciation]] and [[Fixed Costs]] pages. '''Operating return''' is displayed on the [[Profit]] page.
 
 
[[File:Other Crop Summary 2.png|1350px|frameless|center|link=]]




[[Other Crops Growing Costs]] ⇐|⇒ [[Machinery Setup]]
[[Other Crops Growing Costs]] ⇐|⇒ [[Machinery Setup]]

Latest revision as of 23:06, 28 June 2023

What is this page?

This page is a summary of gross margin information based on information entered on the Other Crop Assumptions, Other Crops Growing Costs and Scenario Assumptions pages.

This page displays a table showing other crops entered and no entry of information is required. The table has sections for area/yield, gross margin per hectare, gross margin for area grown, gross margin per tonne or unit, and labour and fuel.

  • Tip: This page can be printed or saved as a PDF by right clicking on the page and selecting "Print".

Economic Theory

Gross Margin

Gross margins are calculated by subtracting variable costs from gross income. Comparing the gross margins of different fallow crops is informative and helps you to make fallow crops choices that enhance whole-of-farm profitability.


Gross Margin Formula.png

Operating Return

If growers are evaluating the profitability of growing fallow crops they have not grown before then they would need to consider any changes in fixed costs that might occur and/or any required capital expenditures on new equipment. If so, a comparison of operating return would be a more precise indicator of relative profitability.


Other Crop Summary 2.png


Other Crops Growing Costs ⇐|⇒ Machinery Setup