A new online tool for sugarcane growers has been developed by Agricultural economists at the Department of Agriculture and Fisheries (DAF).
The tool helps the growers measure farm profitability and assists with planning.
Minister for Agricultural Industry Development and Fisheries, Mark Furner said the Farm Economic Analysis Tool (FEAT) streamlines data entry, allows growers to access regional scenarios and can be used on phones, tablets or computers.
“The developers of the tool have introduced a seamless registration process to make it easy for growers to log on and find their way around,” Mr Furner said.
“Growers can easily identify the profitability of existing farming systems and determine economic impacts from proposed practice changes.”
He said other features included assessing options and potential risks to guide decision-making, and monitoring the impact of changes.
Manager of Agricultural Economics at DAF, Mark Poggio thanked the FEAT project working group and industry stakeholders for their significant input.
FEAT is free for the Australian Sugarcane Industry and growers can sign up online at www.featonline.com.au.
The Department is offering free FEAT online training workshops in key sugarcane growing regions.
FEAT online was developed by economists from DAF with project partners GP One and was an initiative of the Queensland Government Reef Water Quality program.
