Are you optimising your farm's production? Today we have John Young, aka Youngy, on the podcast. There are so many ways to optimise your farming business and sometimes that can be overwhelming. John, however, makes it all sound very understandable and achievable.
John's background is in farming but he now runs a systems analysis service. Farm Systems Analysis Service has been involved in the development of AFO (Australian Farm Optimisation model). John gives us a rundown of what AFO is.
"AFO is a bio-economic model aimed at how best to allocate your resources to achieve your objective. What that actually means, when you apply it to a farm is trying to improve your on-farm decisions. So how you allocate your time, feed, and paddocks to try and achieve your goals."
The strength of the models is that they have an economic focus and a management focus. The weakness of the model, or the "challenges" as John thinks of them, is the challenge of how to represent biology well. And this has been the focus of John's career.
"The other sort of weakness," John says, "Is that it only represents one type of year. My son, Michael has just about finished his PhD and one of the things he has incorporated is seasonal variation- or 'Weather-Year' variation as he calls it- to differentiate the variation from summer to winter, from this year to last year to next year. That addressed one of the major weaknesses in the model."
You can find out more about Michael's research here https://youngsfarmanalysis.com.au/research/
Mark and John run through the outcomes of some of the analysis John has been involved with. From fibre diameter and improving weaning percentages to the value of saving a single lamb or the economic value of ASBVS based on an individual business's current status.
Currently industry indexes mostly assume that a farm system is a multiplication of an individual animal's performance. It also mostly assumes each trait has an economic value on a linear scale. John explains how that isn't always the case.
"The value of increasing litter size is much higher if your current litter size is 1.2 vs someone whose current litter size is 1.8. One is adding a few more twins, the other is adding more triplets." He explains. "So we know that the relative economic values vary. If we can make allowances for that, we can work within the bounds of what's required to make a good index."
"Coming up with the relative economic values is not a simple task, it's a little bit like the value of an extra lamb. There's a simple answer that's quite often wrong and then there's the more complicated answer."
Mark describes John as "The smartest person I know" and after listening to this podcast, you'll probably agree.
We'd love to know what you think of this podcast, and how it has you thinking about optimising your farm and how you approach industry indexes going forwards.
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