Grains Research and Development

Date: 22.11.2016

Registrations open for GRDC Farm Business Updates

Author: Natalie Lee

GRDC Farm Business Updates, to be held in WA in February, will feature a range of expert speakers. Previous events, such as the one held in Narrogin in 2016 (pictured) have been well attended by growers.

Registrations are now open for Grains Research and Development Corporation (GRDC) Farm Business Updates which will be held in Western Australia in 2017.
 

These annual events provide a unique forum for growers and advisers to learn from - and network with - leading industry professionals and will be held in Borden on February 6, Corrigin on February 7 and Mingenew on February 9.

GRDC Western Regional Panel chairman Peter Roberts said the importance of having a sound long-term business strategy in place that supports medium and short-term decision-making was the focus of the GRDC Farm Business Updates.

“They are designed to enhance grower and adviser knowledge and understanding of farm business issues to help with effective planning and management,” he said.

“Feedback from the GRDC’s Regional Cropping Solutions Networks (RCSNs) is that the provision of information to improve business management skills is a high priority for many WA grain growers.”

The 2017 events will cover a range of topics, presented by expert speakers, including:

  • Long-term business strategy and practical processes for setting and revisiting business goals (Ag Consulting Co. director Jeanette Long)
  • How much machinery should be owned and when should it be upgraded (Kondinin Group senior researcher Ben White)
  • Maintaining a healthy and resilient mindset under pressure (personal and business coach Neville Brady)
  • How to manage debt and surpluses in a low interest rate environment (consultant Ashley Herbert)
  • Alternative business funding models (Price-Sevenson director Ken Sevenson)
  • Facing change and challenges with a winning plan (Australian sporting legend Ric Charlesworth).

Each of the GRDC Farm Business Updates will be held from 9am to 4.30pm. To register or for more information, visit the GRDC Events page, click here or contact ORM on 03 5441 6176 or admin@orm.com.au.

Mr Roberts said that with many farm operators undertaking business planning and budgeting in coming months, they might also be interested in accessing a recently-released GRDC RCSN Kwinana East publication featuring farm business profitability case studies.

“This publication includes case studies on some of the top performing farm businesses in WA’s eastern grainbelt and provides insights into their different approaches to management, agronomy practices and triggers for key decision-making,” he said.

The RCSN ‘Business management and farm profitability – Case studies of growers in Western Australia’ booklet can be found at this link.

In addition, four WA-specific GRDC Farm Business fact sheets have been recently released including Employing seasonal farm labour for Western Australia’s grains industry; Cost-effective investment in machinery; Business structures explained; and Business structure: things you should know and questions to ask your adviser.

Contact Details 

For Interviews

Peter Roberts, GRDC
0428 389 060
kpeterroberts@gmail.com

Contact

Natalie Lee, Cox Inall Communications
0427 189 827
natalie.lee@coxinall.com.au

GRDC Project Code ORM00017, CIC00027