Difference between revisions of "Home Page"
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This "wiki" is your step by step guide and user help manual, helping you get the most out of the Farm Economics Analysis Tool (FEAT) Online. | |||
<blockquote>'''Tip:''' have the FEAT Online website opened in a separate window while following along step by step in the wiki.</blockquote> | |||
The [http://www.featonline.com.au FEAT Online] website is a planning and decision-making tool used to assist cane farming enterprises. FEAT Online enables users to evaluate the economic impact from changing farm management practices. Other uses for FEAT Online include evaluating farm labour requirements, preparing cash flow budgets and quantifying the impact of “what if” scenarios. | |||
This is the home page for the tool. | This is the home page for the tool. | ||
The type of questions FEAT can help answer include; | |||
* How would my farm profitability change if I adopted a new farming practice? | * How would my farm profitability change if I adopted a new farming practice? | ||
Revision as of 21:56, 1 February 2022
This "wiki" is your step by step guide and user help manual, helping you get the most out of the Farm Economics Analysis Tool (FEAT) Online.
Tip: have the FEAT Online website opened in a separate window while following along step by step in the wiki.
The FEAT Online website is a planning and decision-making tool used to assist cane farming enterprises. FEAT Online enables users to evaluate the economic impact from changing farm management practices. Other uses for FEAT Online include evaluating farm labour requirements, preparing cash flow budgets and quantifying the impact of “what if” scenarios.
This is the home page for the tool. The type of questions FEAT can help answer include;
- How would my farm profitability change if I adopted a new farming practice?
- What is the economic impact of changing row widths or adopting controlled traffic?
- How do different farming systems compare in terms of the amount of labour required?
- How profitable is my farming enterprise at different sugar prices?
- What is the most profitable mix of fallow crops on my farm?
- How many ratoons should I grow to maximise profitability?
- Should I buy new machinery or use a contractor?
- If the price of diesel increases, how will this affect my profitability
- Should I purchase a new farm or lease a portion of the farm?
- Which farm should I sell?
Farm information required to use FEAT
FEAT calculates economic performance indicators based on specific production information entered by the user. Users do not require accounting records to use FEAT. In general, the information required to use FEAT includes;
- Production data
- Harvest costs
- Sugar price
- Agronomic practices in cane (plant, ratoons and rotational crops) such as;
- Land preparation and planting operations (implements used and number of operations, contractor rates)
- Chemical input; type, rate and cost
- Irrigation; volume applied and cost
- Machinery and implement information (repairs and maintenance costs, speed, field efficiency)
- Fixed costs (insurance, land rates, etc.)
- Asset values (land value, value of machinery)
