Home' NZ Dairy Farmer : March 2011 Contents 48 The Dairyman MARCH 2011
TWO of the industry’s top dairy farm
business experts – Professor Keith
Woodford from Lincoln University,
and Emeritus Professor Colin Holmes ex-
Massey University – will judge this year’s
finalists in the 2011 NZ Dairy Business of
the Year competition.
“Keith brings with him an extensive
knowledge of the dairy industry business,
while Colin has a wealth of knowledge
around on-farm production systems and
profitable dairy businesses,” competition
manager Leanne Gifford said.
Finalists are selected in mid-April based
on their 2010 financial performance. All
finalists then have the previous 2009 year
analysed, a property appraisal completed to
determine farm values, and they complete a
questionnaire regarding labour and environ-
mental sustainability, before the final judg-
ing by Woodford and Holmes in early May.
The judging is based on overall business
performance with Return on Capital as the
overriding measure of performance, with
other key financial indicators used for sup-
porting the judging process. It is a com-
pletely objective process, with the labour and
environmental information used to separate
finalists with similar financial performance.
The winners will be named at the awards
dinner in Hamilton on May 17.
Dairy Business Competition
The competition, now in its fifth year, is
open again for entries. This annual competi-
tion gives dairy farmers the opportunity to
showcase their business performance and
benchmark themselves against others in the
industry, with the Supreme winners taking
on the winner of the Australian Dairy
Business of the Year Competition in the
The competition was initially developed
from an Intelact conference that pitted a top
client from each of the countries Intelact
works in: New Zealand, Australia and South
Africa, comparing them on overall business
performance. Incidentally it was the New
Zealand client, Dominic Groenendijk and
Katrin Woermer from Otorohanga that won
this precursor to a fully-fledged competition.
From that conference grew the concept of
running a business competition for farm
owners that was transparent and objectively
judged on business performance. It was
clear that the competition needed to be easy
to enter and provide all entrants with some-
thing of value to help improve their business
The competition is open to all dairy farm
owners, equity partnerships and leased
farms. There are six regional awards;
Northland, Waikato/Bay of Plenty, Taranaki,
Wairarapa/Manawatu, Canterbury and
In addition there are three farm system
awards; low input (greater than 85% of the
diet as pasture), medium input (between 65
per cent and 85 per cent of the diet as pas-
ture) and high input (less than 65 per cent of
the diet as pasture).
Between 14 and 16 finalists are selected
who attend the Dairy Business of the Year
Seminar, Awards Dinner and two-day final-
A mirror competition runs in Australia and
the supreme winners of each country com-
pete for the transtasman challenge title.
Supreme winners also attend the other coun-
tries seminar and finalists retreat the follow-
ing year as part of their travel prize.
Past entrants have described their partici-
pation in the awards as a highly rewarding
and valuable experience.
“We have both been thinking about many
new ideas and options since returning (from
the retreat), and will continue to do so long
term. It was good to get your advice and
input as well as the figures (from the Red
Sky Report), we look forward to using it to
Otago/Southland winners Mary and
Campbell Affleck said.
Entries for this year’s competition close on
The competition is sponsored by
SourceNZ, KPMG, Intelact, CRV Ambreed,
Vitec Nutrition, PPP Industries,TBC, FMG,
Elanco, Red Sky and The Dairyman.
Business competition judges named
one of the two
judges for this
Bulk Auger Bucket
2.4 metres wide,
1.4 cubic metre
capacity, High flow
mixers to prevent
Back plates to suit
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