Farm profit growth opportunities on the agenda at Maitland

Author: | Date: 28 May 2018

Grain growers will gather in Maitland next month to learn about opportunities for fine-tuning their farm businesses for potential growth in overall profit.

Dr Peter Hayman crouching in a paddock
Dr Peter Hayman from the South Australian Research and Development Institute will be at the Maitland Farm Business Update to discuss whether climate science can improve grower profit. Photo: GRDC

The Grains Research and Development Corporation (GRDC) is hosting a Farm Business Update on June 21 and this will be an important forum for creating awareness and increasing knowledge relating to farm business management issues.

GRDC Grower Relations Manager – South, Darren Arney, says the Farm Business Update presents an opportunity for growers and their advisers to hear from a host of industry experts on topics relevant to their enterprises, such as grain marketing, succession planning and investing in equipment.

“Informed business decision-making is critical to the overall profitability of our growers,” Mr Arney says. “The Farm Business Updates play an important role in delivering insights and advice to underpin growers’ decisions.”

The end-to-end decision-making processes involved in marketing grain will be explored at the Farm Business Update by Chris Heinjus from Rural Directions.

Mr Heinjus will examine all aspects of marketing grain – from what to grow, where and how to store it, through to who will buy it.

Judy Wilkinson from Maro Creek & Wilkinson will define why viability (profitability) is a critical element of the succession planning process.

Optimising returns from the right levels of investment in farm plant and equipment will be the theme of a presentation by David Smith from ORM Pty Ltd.

Mr Smith will provide key benchmarks and a detailed analysis of investment guidelines for spray and harvest equipment.

Dr Peter Hayman from the South Australian Research and Development Institute will discuss whether climate science can improve grower profit.

Dr Hayman will provide examples of how data from the past can inform future farm business decisions.

Partnered by YP Alkaline Soils Group, the GRDC Farm Business Update will be held at the Maitland Town Hall from 9am to 1pm, with catering provided.

Go to the GRDC Events page for a detailed program and to register for the event or phone ORM on 03 5441 6176 or email admin@orm.com.au.

Contact details

For Interviews

Darren Arney, GRDC
0447 877178

Matt McCarthy, ORM
03 5441 6176

Sharon Watt, Porter Novelli
0409 675100