Grain farm business management issues in the spotlight

Author: | Date: 07 Apr 2011

Grain farm business management issues in the spotlight

Rural advisers and consultants will gather in Adelaide next month to develop their understanding of the farm business management issues confronting their grain grower clients.

The Grains Research and Development Corporation (GRDC) is hosting a Farm Business Update on May 17, designed specifically for agronomists, bankers and accountants who work with growers.

The Farm Business Update will be the first of its kind to be held in South Australia, and is only the second to be conducted in the southern cropping region, following a pilot event last year in Bendigo, Victoria.

GRDC Southern Regional Panel chair David Shannon said the GRDC had initiated the Farm Business Update concept to address the growing complexity of grain enterprise management issues.

“Farm business issues are becoming increasingly critical to grain growers and the success of their enterprises, and it is important that such issues are factored into consideration by advisers during their consultations with growers,” Mr Shannon said.

“Assisting advisers to integrate farm business management into their current advisory roles and to enhance their appreciation of their clients’ overall situation is seen by GRDC as an important step in raising awareness of the factors that contribute to whole farm business performance.”

Mr Shannon said participants would be provided with tools, guidelines and checklists to assist them to integrate what is learnt at the Update into discussions with their clients.

“Topics that will be covered by expert speakers include grain business challenges and trends that are likely to impact on growers over the next three years, machinery investment decisions, land tenure, grain pricing and marketing, and farm family communications.

“A panel of professional advisers from the banking, accounting, agronomy and business management sector will also discuss current hot topics affecting grain growers.”

Mr Shannon said the Farm Business Update was also designed to encourage networking and learning opportunities and would facilitate the exchange of knowledge between farm productivity and business/financial advisory sectors.

Advisers wanting to find out more or to register for the Update can do so by visiting www.orm.com.au or by phoning 03 5441 6176.

ENDS

• For more information contact GRDC Southern Regional Panel chair David Shannon on 0419 830700 or ORM on 03 5441 6176

• www.grdc.com.au/ORM00001

• GRDC Project Code: ORM00001

• This media release and other media products are available via www.grdc.com.au/media

GRDC Project Code ORM00001

Region South