Bendigo forum to lay foundations for resilient farm businesses
Increasing the resilience and profitability of Victorian farm businesses will be the thrust of a Grains Research and Development Corporation (GRDC) forum in Bendigo next month.
The GRDC is hosting a Farm Business Update on March 10 to provide practical advice and information on key farm enterprise issues facing the State’s grain growers.
The Update will feature speakers from throughout Australia who will offer growers and their advisers and service providers with valuable insights which have the potential to improve farm efficiencies and margins.
GRDC Southern Regional Panel chair Keith Pengilley says the Farm Business Updates play an important role in the corporation’s extension program in the southern cropping region.
“These worthwhile forums boost knowledge and understanding of the business aspects of grain growing which can have such a significant impact on the bottom line,” Mr Pengilley said.
The program for the Bendigo Farm Business Update will begin with consultant John Mulvany outlining the building blocks for a resilient business.
Macquarie Franklin’s Basil Doonan will then discuss the management skills needed to take the farm business to the next level.
Other speakers include Greg Toomey of Landmark who will explore whether haymaking stacks up, Joff Macleod of Price Waterhouse Coopers whose topic will be getting business entities right for the broad acre farmer, and consultant Duncan Ashby who will explore the factors to consider when investing in agricultural land.
Nuffield scholar and grain grower Lachlan Cole will provide advice on finding and retaining the right staff, David Smith from ORM will delve into multi-peril crop insurance and its value as a risk management tool, while Nathan Cattle from NZX Australia will look at the principles of selling grain for the best possible return.
The day will conclude with a presentation from Neville Brady of Bunch Consulting on the four key areas for personal and business improvement.
To be held at Silks Function Centre at the Bendigo Racecourse, the Farm Business Update will begin at 9.00am and catering is provided.
Kathryn Toomey, ORM
03 5441 6176
0409 675 100