Recent improvements in the wool and sheepmeat markets have continued to demonstrate the strong performance of associated enterprises.
Below is a brief overview based on southern Australian environments.
We are constantly consulted on enterprise comparisons and the projected outcomes for a specific business if an enterprise pivot was embarked on. Long-term comparison data is a good start as we all understand that enterprise changes are long-term decisions and that a broad range of considerations need to be analysed.
Key considerations include:
Comparing enterprises needs to take many considerations into account. A long-term view of decisions based on recent market performance can become very costly and have major impacts on a business. Current market movements have had an impact on all livestock enterprises as these markets have all seen positive movements. These improvements have not changed the ranking greatly across enterprises although what has happened is that the top performing enterprises continue to perform and pull ahead. As wool has gone from a commodity to more of a consumer-focused fibre, with increased brand differentiation and a consumer-centric approach, one can only feel the wool enterprise has a strong future and will be hard to catch.
Impact Ag work with clients to ensure outcomes to their enterprise mix meet the needs and objectives of the overall strategy.