Breakeven milk price
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Nigel Johnston
Breakeven milk price should really only be calculated using a tax figure based on covering drawings, depreciation allowance, and no principal (unless a bank requirement). Current figure on dashboard could be meaningless if based on inflated tax payments, discretionary capital expenditure and one-off principal repayments.
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Jo - Farm Focus
Merged in a post:
Break even milk price exclude bank transfers and drawings
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Helen Blom
Can the bank transfers and drawings get excluded from break-even milk price please? Including them does not make sense and makes comparing between farms totally inaccurate.
Jo - Farm Focus
Merged in a post:
Break even milk price calculation
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George Moss
Can the breakeven milk price graph be calculated excluding transfers in or out of cashflow please? When money is transferred in or out it distorts BE milk price.
Jo - Farm Focus
Merged in a post:
Break even
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Bruce Cunningham
You have "Last years price" but no actual price? Wouldbe good to have a comparison.
Grace - Farm Focus
Merged in a post:
break even milk price
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mike Tisdall
maybe show loss in dollars, also option to include/ add tax or drawings capital exp
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Nigel Johnston
Agree with George. Because of Bank transfers our B/E milk price is reported as $38/kgMS.
Note also that we need to remove tax and capital expenditure to get a true B/E result.
Grace - Farm Focus
Hi George, thank you for your feedback.
We will keep this post open to gauge support from other users.
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Helen Blom
also exclude drawings; it does not make sense to include drawings in this figure
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Katrina Geddes
Break Even 'optional' to sit at Operating Expenses only not including Below the line is more suitable for Partnerships and Sole traders (Balance sheet items such as Capital and Current account drawings etc) as well as for company structures wanting to get an picture of actual operating break even before capital spend
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Paulette Johns
You should look at the Dairybase (dairynz) calculation for breakeven milk price for a more suitable calculation.
Kylie Meredith
Thank you for taking the time to comment Bruce, https://help.farmfocus.nz/en/articles/5735073-your-break-even-milk-price please follow this link to find out more on how to enter details to provide you with the details you are wanting.
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