A simple system, executed exceptionally well with a heavy emphasis on feeding has paid off in more ways than one for two farmers in an equity partnership-owned sheep and beef farm at Alfredton, near Eketahuna.
Over four years Jim Varty and his son Brendan have averaged a return on capital of 5.9% on Wai-iti, more than three times the national average for all sheep and beef farms.
They have paid off $330,000 in principal and bought $63,000 of ewes in the past two years alone.
