QUEENSLAND's agricultural economists have developed a new online tool that helps cane farmers measure farm profitability and assists in planning.
FEAT - the Farm Economic Analysis Tool - streamlined data entry, allows growers to access regional scenarios and can be used on phones, tablets or computers.
Agriculture Minister Mark Furner said growers could easily identify the profitability of existing farming systems and determine economic impacts from proposed practice changes.
"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.
"Other features include assessing options and potential risks to guide decision-making and monitoring the impact of changes."
Agricultural Economics manager Mark Poggio said the FEAT project working group had benefited from significant input from industry stakeholders.
FEAT is free for the Australian sugarcane Industry and growers can sign up online at featonline.com.au
The DAF is running free FEAT online training workshops in key sugarcane growing regions. To register or find out more information email FEATregistration@daf.qld.gov.au or call (07) 3330 4523.
FEAT online was developed by economists from the Department of Agriculture and Fisheries with project partners GP One and is an initiative of the Queensland Government Reef Water Quality program.
