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Abstract
Three 54ha "farmlets" were established in 2000 near Uralla, NSW to trial high input, moderate
input and intensive rotational grazing systems. A representative farm approach was used to
interpret the profitability results of the trial from July 2000 to June 2005 at a commercial scale
level to make research results more relevant to farmers.
At the gross margin level, the high input farmlet had the highest annual gross margins, but
this farmlet had the worst whole farm performance. These contrasting results support the
claim that annual activity gross margins cannot alone indicate the profitability of an
investment. This demonstrates that whole farm analysis is the most suitable method to assess
different grazing systems.