AWI grower networks
AWI's grower networks are fundamental to the spread of new ideas, continuing education and the adoption of best practice.
There are no items in your cart.
A new report shows that regenerative grazing practices can be very profitable and improve farmer wellbeing, at the same time as increasing the health of Australia’s grassy woodlands.
For some decades, regenerative land managers have claimed that their production practices have led to regeneration of the environment and biodiversity, and that this has enabled them to generate a strong and stable level of farm profit and increased wellbeing. Individual case studies have supported this.
However, a unique study released in March, titled Graziers with better profitability, biodiversity and wellbeing has now examined the differences in profitability between 15 commercial-scale regenerative wool and/or beef graziers (in regions of eastern Australia where box gum grassy woodlands are found) and conventionally farmed sheep, sheep-beef and mixed cropping- grazing businesses in their regions.
In summary, the study concluded that regenerative grazing can be at least as profitable, and at times more profitable, than other methods, whilst increasing the graziers’ wellbeing.
The study found that the regenerative graziers are often more profitable than comparable contributors to the ABARES Farm Survey, especially in dry years; that their average levels of farm profit were similar to the Holmes Sackett AgInsights average benchmarks, although less profitable than the top 20%; and the regenerative graziers experience significantly higher than average wellbeing when compared to other NSW farmers that have contributed to the University of Canberra regional wellbeing survey.
STUDY RESULTS: FARM PROFIT AND COSTS OVER 10 YEARS
STUDY RESULTS: FARMER WELLBEING
This project was supported through funding from the Australian Government’s National Environmental Science Program and was conducted by the Australian National University, University of Canberra and University of Queensland researchers and economists, Vanguard Business Services’ agricultural consultants and economists from NSW State Government and ABARES.
The full report and summary reports are available on the Vanguard Business Services' website at www.vbs.net.au/long-term-research/