Farmers warned to get basics right before considering expansion

Dairy farmers are preoccupied with the need to expand but must take a step back, according to a leading consultant.

Addressing the Zoetis Budgeting & Financial Advice Clinic at the National Dairy Show at the weekend, John Broderick of BMJ Consultants stressed the need for farmers to optimise their existing farm operation before expanding.

“We try to slow them down. Expansion is a fool’s errand unless farming basics are put right first,” he said.