Benchmarking

Benefits of Benchmarking to your farm

Benchmarking is a process of measuring and monitoring key aspects of your farming business to help identify opportunities for improvement and efficiency. It supports better decision-making and can help you track progress over time.

FARMDATA+ is a bilingual benchmarking tool that uses a Key Performance Indicators (KPIs) to focus on physical and financial performance in specific areas of farm business. To gain the maximum benefit from benchmarking, it is important not to focus on a single KPI result in isolation. Instead, review results from a combination of related enterprise and whole-farm KPIs together, as this provides a more complete picture of the performance of your business, and helps identify strengths, weaknesses, and opportunities for improvement.

Using FARMDATA+ will enable you to meet UA3: Benchmarking requirement of the Sustainable Farm Scheme. (KPI titles only are shared - no performance data)