- take a detailed look at their farm operations, costs and profits,
- compare their results with others,
- and identify areas where they could improve.
The tool was developed by the Agriculture and Horticulture Development Board (AHDB), a levy-funded organisation supporting farmers across the UK.
"The ultimate aim of Farmbench is to provide a better understanding of their own business, before making evidence-based decisions to improve individual profitability and productivity. This will ensure that their business is on the best possible footing for the future”.
“By comparing results anonymously to farms with similar enterprises, Farmbench enables farmers to improve their individual business performance and manage many of the challenges facing the sector, such as price volatility, Brexit, and economic uncertainty”.