Tag Archives: Agricultural Studies

Analyse the relationships between social, economic, environmental and cultural factors on agricultural systems and implications for structure of agricultural businesses;

Using your own results during the management period and those of your fellow students, write a report on your farm in the Future Farm Business Game. The decisions made by the different groups and the outcomes will be discussed at the end of the session. In particular discuss;

Key Performance Indicators (KPIs) of your own farm at the end of the management period which includes: Profit after tax; Proportion of the farm in crop and pasture and variation thereof between years; Rainfall and its variation across years (mean and standard deviation), plot a graph; Gross margins as a basis for making decisions. What is gross margin and how does variation in rainfall and market cause gross margin to change from year to year? How did the commodity prices….