Secure vital goods to fuel your advanced economy and control the fate of empires. Import cheap raw materials to cover your basic needs while finding new markets for your finished goods. Expand your industry to take advantage of lucrative goods, taxing the profits to improve national prosperity. Research transformative new technology or ideas to improve your national situation. Reform your government and constitution to take advantage of new social innovations, or preserve the stability of your nation by holding fast to tradition in the face of revolutionaries. Detailed population groups with their own economic needs and political desires. Agrarian or Industrial, Traditional or Radical, Peaceful or Expansionist. Lead dozens of world nations from 1836-1936. Balance the competing interests in your society and earn your place in the sun in Victoria 3, one of the most anticipated games in Paradox’s history. South west Victoria overview (WORD - 25.8 KB)įor earlier Dairy Farm Monitor Project annual reports please contact the team at or visit the Dairy Australia – Dairy Farm Monitor Project website.About This Game SHAPE A GRAND TOMORROWParadox Development Studio invites you to build your ideal society in the tumult of the exciting and transformative 19th century. South west Victoria overview (PDF - 682.0 KB) Northern Victoria overview (WORD - 25.8 KB) Northern Victoria overview (PDF - 644.9 KB) On average, EBIT was $85,000 per farm, a significant decline from the previous year. These costs were only partially offset by a 6 per cent increase in milk price. Profit was constrained by continued dry seasonal conditions and high input costs, particularly in irrigation water, grain and fodder. It was a challenging year for the Victorian dairy industry in 2018 to 2019 wirth mixed performance across the regions. South west Victoria overview (WORD - 80.9 KB) 
South west Victoria overview (PDF - 1.3 MB) Northern Victoria overview (WORD - 81.2 KB) Northern Victoria overview (PDF - 1.2 MB)
Annual Report 2019 to 2020 (WORD - 2.8 MB)Ī challenging first six months of 2019 to 2020 was followed by improved seasonal and business conditions in the second half of 2019 to 2020 to lift performance across Victoria’s dairy regions compared to the previous year.ĭairy farmers were able to lower their costs and with a 17 per cent improvement in milk price, EBIT increased to $346,000 per farm ($1.68/kg MS). South west Victoria overview (WORD - 51.6 KB) South west Victoria overview (PDF - 899.5 KB) 
Northern Victoria overview (WORD - 52.3 KB) Northern Victoria overview (PDF - 795.8 KB) A decline in milk price did not deter 75 of the 80 farms recording a positive performance.
Gippsland and the South west recorded close to long-term average in 2020-21, with the North offering its best result in 15 years. Livestock trading profit increased, fodder inventory increased, and costs decreased. In 2020–21, average farm earnings before interest and taxes (EBIT) rose to $422,000 ($1.86 per kilogram of milk solids ). The positive financial returns in 2020–21 are welcome across the sector after the challenging seasonal conditions and financial pressures experienced over the past decade.
The results and trends reported need to be interpreted carefully as participant farms might not be representative of the industry or region and participant farms differ every year. Reports inform government and industry decision-makers on the farm-level factors that contribute to profit and the information helps shape policy design, research themes and extension programs. Now in its fifteenth year, the project is a joint initiative between Agriculture Victoria and Dairy Australia. The Dairy Farm Monitor Project is a comprehensive financial and production analysis using 80 Victorian dairy farms spread evenly across three dairy regions:
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