Joint Venture Farming Group

1
Joint Venture Farming Group

• GROUP BENCHMARKING RESULTS 2006
• by
• Jamie Gwatkin

Claas Conference Centre Thursday 1st February
2007
2
Contents

• Background to the Benchmarking Project

• Highlights of the 2006 Group Results

• Areas for further discussion

• Conclusions

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Background to Benchmarking Project (1)

• Project started in 2004

• Objectives

• Analyse and compare physical and financial
  performance of each group

• Promote discussion on group performance via a
  series of training sessions

4
Background to Benchmarking Project (2)

• Provide a means of adopting Best Practice
  via visiting the group with lowest cost in each
  cost sector

• Provide ongoing management information for
  group members throughout the year

• Provide data which could influence machinery
  purchasing policy in the future

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Background to Benchmarking Project (3)

• 7 groups involved in England
• Survey covers
• 10,660 Hectares
• (26,300 acres)

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Background to Benchmarking Project (4)

• 4 year project covering 2005 2008 harvest

• Sponsored by Claas and Simba

• 2005 harvest data used for Beta testing
  program

• 2006 harvest data further refined management
• reporting

• Group Benchmarking reports prepared using the
  
• Farm Cost Controller Program

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Background to Benchmarking Project (5)
Farm Cost Controller Program

• Group Level Reporting

• Benchmarking Reporting

8
Group Results 2006 Harvest (1)

• Financial Averages

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Group Results 2006 Harvest (2)

• Winter Wheat Establishment and harvest costs

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Group Results 2006 Harvest (3)

• Oilseed Rape Harvest and Establishment Costs

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Group Results 2006 Harvest (4)

• Operational Cost Comparison Winter Wheat

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Group Results 2006 Harvest (5)

• Farm Comparison 2005 2006

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Group Results 2006 Harvest (6)

• Fuel Efficiency

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Group Results 2006 Harvest (7)

• Contract Farming Margin

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Group Results 2006 Harvest (8)

• Outside Work Margins

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Areas for Further Discussions (1)

• How to manage the cost of front line
• crawlers

• Review of charges for outside work

• The true cost of maintaining ELS and
• CSS Schemes

• Review of labour efficiency

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Areas for Further Discussions (2)

• Combine policy - reduce machines and
• use contractors

• Sharing gross margins

• Corporate Governance and Director training

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Conclusions

• Wheat 74 difference in overall costs per
  hectare and 35 difference in cost of operations.
• Oilseed Rape 131 difference in overall costs
  per hectare
• There is a lot that you all can learn from each
  other
• Join the Benchmarking Project at 500 per annum
  plus cost of the program.
• Discussion group forum at 150 per annum

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Joint Venture Farming Group

• GROUP BENCHMARKING RESULTS 2006
• by
• Jamie Gwatkin

Claas Conference Centre Thursday 1st February
2007