Economics of Almond Production in Southern Australia

$5.00

Available as a digital download.

This resource provides a method of analysis for individual business performance. The outcomes have been the development of a tool to analyse current business performance in almonds, develop a series of important financial indices, develop a group of financial benchmarks for comparison of almond businesses and indicate best practice standards for the industry in Australia.

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Description

Available as a digital download.

This resource provides a method of analysis for individual business performance. The outcomes have been the development of a tool to analyse current business performance in almonds, develop a series of important financial indices, develop a group of financial benchmarks for comparison of almond businesses and indicate best practice standards for the industry in Australia.

This system of analysis can assist an individual manager’s understanding of their business, measure critical factors (and risks) in a development proposal, and act as a catalyst to improve the industry’s competitiveness in the international scene as Australian production continues to grow.

Discussion in the Almond Board of Australia highlighted the need for an update of the 1999 publication “Comparative Analysis of the Almond Industry”. The book was funded by PIRSA and provided a full financial analysis of almond orchard development and production. The publication also provided relative performance indices, comparisons and benchmarks. The book was popular with growers and potential investors and the 300 printed copies ran out within 4 years. There have been a number of significant changes within the industry in the past 8 years and the analysis is out-of-date. The industry has signalled that it would like to correct this with a revised version. This is a benchmarking document against which growers can strive for continuous improvement.

This project provides a method of analysis for individual business performance. The outcomes have been the development of a tool to analyse current business performance in almonds, develop a series of important financial indices, develop a group of financial benchmarks for comparison of almond businesses and indicate best practice standards for the industry in Australia. This system of analysis can assist an individual manager’s understanding of their business, measure critical factors (and risks) in a development proposal, and act as a catalyst to improve the industry’s competitiveness in the international scene as Australian production continues to grow.