GRDC Farm Business Update Wagga Wagga 2019
Presented at:
This page contains update papers presented at the .
Browse all update papers below or click Download PDF.
Use the media tab to view presentation materials from the event such as power points, images or videos and other media.
Presented at
-
• Select a grain storage option that provides flexibility to meet market requirements. • The only silos suitable for fumigation are gas-tight (meeting AS2628-2010), pressure tested. • Hygiene and monitoring are keys to maintaining grain quality in storage. • Aeration is an effective tool worthy of consideration – best paired with an automated cont...
-
• In majority of cases, on-farm storage requires multiple financial benefits to cover the costs. • The most economic form of storage will be the one that suits your system, the grain being stored and the length of time it’s stored. • Permanent on-farm storage is a 25+ year investment – it’s worth taking the time to do the numbers, consider the op...
-
• Well planned and implemented precision agriculture (PA) helps capture farm profit and conversely, poorly planned and implemented PA can erode farm profit. • The recipe for profitable PA adoption will be different for each farm business. • PA information sourced from outside the farm business informs what’s possible, while information from inside ...
-
• Land values have increased sharply, this may affect your expansion options. • Be sure of your strategy and assess options carefully. • Present your case well to potential financiers....
-
• Essential components of a resilient production system include soil fertility, soil moisture when it’s needed, low weed and disease burden, and diversity. • Resilient farm businesses have an ability to ride out periods of poor production and bounce back when conditions improve • For a family farming business to be resilient, all members must have ...
-
Agriculture is a business particularly well suited to the use of financial leverage. High equity levels in an existing business can be used to leverage and create wealth through expansion. Leverage allows for a greater rate of wealth creation than using equity alone provided the net investment return exceeds the cost of debt funding. Understanding ...
Was this page helpful?
YOUR FEEDBACK
To protect your privacy, please do not include contact information in your feedback. If you would like
a response, please contact us.