CFA benchmarking
The role of data and benchmarking in Contract Farming Agreements
Benchmarking is important in all farming businesses but in a Contract Farming Agreement (CFA) it offers the additional benefit of building trust.
Benchmarking compares the financial and operational performance of a business against industry standards or peers, serving as a vital tool for identifying areas for improvement and enhancing overall efficiency.
By employing benchmarking techniques, businesses can make informed decisions that lead to more effective resource allocation and increased profitability.
In a CFA, benchmarking allows an impartial and fair interpretation of results, and by evaluating financial returns and farm productivity it is perfectly suited to building confidence within agreements.
Brown&Co’s Agricultural Business Consultants have extensive expertise in CFAs and use this knowledge in combination with our robust database to provide strategic insights that add significant value to a business.
Our nationwide coverage allows us to analyse not just regional trends but to deliver a comprehensive and accurate assessment of the marketplace.
Utilising our team to help identify areas for improvement will empower you to make well-informed decisions regarding the future of your business and agreements.
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