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Property Location, Profit & Sustainability Objectives
For the purposes of this assignment the property will be located at Boggabilla NSW on the Macintyre River. Located in this area are large areas of furrow irrigation and dry land farming conducted on predominantly self mulching black alluvial soils well suited to both irrigated and dry land crop production. In terms of annual rainfall it is currently located in a 600 mm (24 inch) annual precipitation area however in past years this has been significantly lower due to drought conditions.
In terms of expected profitable and sustainable objectives the following returns are required from the investment in order for it to be considered financially viable.
Like any other investment this agricultural venture will be analysed through comparison with other possible investments. Therefore at current most investments will return at approximately 10% pa so this venture will need to return the same to be deemed viable. Therefore the following is required.
Irrigation ?
Current price per ha ? $11,000 including water, therefore the GM/ha required will be $1100
Dry Land ?
Current price per ha - $1200, therefore the GM/ha required will be $120
With profit objectives set in terms of sustainability goals the property will have to achieve these returns in a sustainable manner both in terms of financial and environmental sustainability.
Crop Rotation
Dry land (500 Ha)
For the dry land cropping area the following 3 year Crop rotation has been chosen.
Year 1 Year 2 Year 3
Summer Winter Summer &nb ...