Sound farm business advice on offer at Skipton

Author: Sharon Watt | Date: 09 Mar 2017

GRDC Southern Regional Panel member Jon Midwood says with many farms expected to record a healthy surplus in 2016-17, putting those profits to the best use will be critical.

“Making hay while the sun shines” will be an underlying theme of presentations at a Grains Research and Development Corporation (GRDC) Farm Business Update in Skipton this month.

The Farm Business Update on March 22 will be aimed at supporting growers looking to make the most from their earnings this financial year and aspiring to establish the most profitable enterprise mix.

GRDC Southern Regional Panel member Jon Midwood says with many farms expected to record a healthy surplus in 2016-17, putting those profits to the best use will be critical.

“The Farm Business Update will feature a line-up of experts who will provide growers and their advisers with advice and resources to assist them with their profit-building strategies,” Mr Midwood said.

Bronwyn Walker from ProAdvice will provide guidelines on where to invest to ensure the best use and return from any profit earnings in the 2016-17 financial year. She will detail investment options, Farm Management Deposits and superannuation.

Harm van Rees of Cropfacts will be joined by Craig Drum of Dagro in discussing the most profitable enterprise mix choices suitable for local growers in 2017.

David Smith of ORM and Chris Mulcahy of Mulcahy and Co will look at the characteristics of the region’s top performing farms to determine what underpins their success, while Rod Gribble of R&C Gribble Contract Harvesting will explain how to calculate the real cost of owning machinery and the merits of owning versus contracting.

Partnered by Southern Farming Systems, the Farm Business Update will be at the Skipton Golf Club from 9am to 1pm, followed by lunch.

A detailed program can be obtained by visiting the GRDC Update Dates page, or by contacting ORM on 03 5441 6176 or email admin@orm.com.au.

For Interviews

Jon Midwood, GRDC Southern Panel
0400 666434

David Smith, ORM
(03) 5441 6176

Contact

Sharon Watt, Porter Novelli
0409 675100

Region South