How do you set the production targets in MyFarm business plans for new syndicates?

Production targets are set after consideration of a number of factors, including:

• Production achieved in previous seasons on the property and on similar farms locally.
• Our assessment of the productive potential of the farm defined by its soils, contour, micro-climate and our ability to source water for irrigation.
• Forecast increases in production following development/more intensive management (such as better fertiliser management and re-grassing).