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Dairy - economic indicators

Description

Estimates of Revenue, Expenses, Operating Profit, Labour, and regional flow on impacts (GDP, Household income, and Labour) associated with a dairy in a location.

These are based on the average of 2020-2022 DairyNZ Economic Survey.

 

Date: March 2024 Version: v1

Owner: LWP Ltd

Contact: Simon Harris, LWP Ltd

 

Link to report / paper

LWP Ltd. 2022. Whitiwhiti Ora Productive Potential - Report on Method for Estimating Economics of Horticultural, Arable, and Alternate Dairy Land Uses (Final Data Release). March 2024 Milestone Report for Whitiwhiti Ora.

 

Preview Image

 

Dataset attributes

Spatial extent National. Data provided only for locations suitable for intensive farming (slope <15 degrees, altitude < 600m)
Spatial resolution National scale data allocated to 5km climate grid and FSL / S-map polygons
Temporal extent Average 2020 - 2022
Temporal resolution Annual
Evaluation method (Validation) None
Evaluation result (Numeric)
Evaluation result (Categorical)
Uncertainty method
Uncertainty data format (Numeric)
Uncertainty data format (Categorical)

 

Methodology

Data is based on industry monitoring data DairyNZ Economic survey average 2020-2022.

Multipliers from a regional IO table were used to calculate the direct labour and indirect and induced effects of the expenditure and houshold income, to generate On Farm Labour/10ha, Total GDP, Total HHI, and Total FTE/10 ha.

 

Fitness for purpose / limitations

This table indicates whether the dataset is suitable for different types of questions at different scales.

Note: Users should carefully consider their purpose as this dataset may not be suitable.

Operational Absolute Relative Screening/scoping
Block/farm No No No Maybe
Multi-farms(5+) No No No Yes
Catchment No Maybe Yes Yes
National/regional Yes Yes Yes Yes
Caveat(s) Data is regional average, with no locational information other than suitability for intensive farming. The regional average is reasonably reliable being based on the best industry data available.

Data and Resources