Farm business matters to complement agronomic ones at Clare

Author: | Date: 26 Feb 2018

Risk and enterprise mix will be the focus of a presentation by Cam Nicholson at the GRDC Farm Business Update in Clare
Risk and enterprise mix will be the focus of a presentation by Cam Nicholson at the GRDC Farm Business Update in Clare. Photo: L Nicholson

Strategies to build the enduring profitability of farming enterprises will be explored at a forum for grain growers and their advisers at Clare in March.

The Grains Research and Development Corporation (GRDC) is hosting a Farm Business Update to follow the Hart Field-Site Group’s ‘Getting The Crop In’ seminar on March 14.

GRDC Grower Relations Manager – South, Darren Arney, says the Clare Farm Business Update will be of great value to growers from throughout the Mid and Upper North, Yorke Peninsula and Adelaide Plains regions.

“Successful management of the business side of a farming operation is just as important as the in-the-paddock operations for overall grower profitability, so the information to be delivered at the Farm Business Update will certainly complement the agronomic advice offered at the Getting The Crop In seminar,” Mr Arney said.

“The Farm Business Update will help inform local growers’ farm business decision-making this year and beyond so I encourage growers and advisers attending the Getting The Crop In seminar to stay on for the GRDC Update.”

Ashley Herbert from Agrarian Management will present on the topic of benchmarking Australian grain growing businesses, discussing how South Australian and Australian farms compare with farm enterprises located in other grain growing regions around the world.

Risk and enterprise mix will be the focus of a presentation by Cam Nicholson from Nicon Pty Ltd, who will look at risk management within individual enterprises.

David Smith of ORM will discuss investment in plant and equipment through a planned approach, providing case studies of harvesters and sprayers and comparing the costs involved and the efficiencies of tow-behind versus self-propelled boom sprays.

Farm generational transfer and the structures and processes that help – not hinder – succession planning will be delved into by Stephen Park from Pacer Legal.

To be held at The Vines Church, Stradbrooke Road, Clare, the Farm Business Update will begin at 1.00pm following lunch and will conclude at 4.15pm.

A detailed program can be obtained by visiting www.grdc.com.au/updatedates, or by contacting ORM on 03 5441 6176 or email admin@orm.com.au.

To register for Hart’s Getting The Crop In seminar, phone 0427 423 154, visit www.hartfieldsite.org.au or email admin@hartfieldsite.org.au.