Dairy results
Gippsland results for the Dairy Farm Monitor Project will be presented in online briefings on Wednesday and next Monday.
The DFMP is a comprehensive financial and production analysis using 75 Victorian dairy farms across three dairy regions in Gippsland, South Western Victoria and Northern Victoria.
The project is a joint initiative between Agriculture Victoria and Dairy Australia.
Online briefings for the Gippsland 2019–20 results will be held on:
Wednesday (hosted by Ellinbank Seminar Series, Agriculture Victoria) between noon and 1pm; and,
Monday, October 26 (hosted by GippsDairy, between noon and 1pm.
Further information on the DFMP is available on the Agriculture Victoria website.
For information about the briefings or to join the webinar contact Claire Waterman on 0408 785 368 or at claire.waterman@agriculture.vic.gov.au
“Having good cash flow management will also allow farmers to take advantage of the opportunities, good seasons and good markets provide when they arrive.”
Now all farmers can improve their cash flow management skills with Agriculture Victoria and AgBiz Assist’s Farm Cash Flow 101, a free two-session course designed in conjunction with farm business specialists to help farmers understand cash flow budgets, and develop confidence using spreadsheets for cash flow management.
Using case study figures from a farming operation, farm business specialist Jim Moll, from AgBiz Assist, will illustrate how to develop a simple cash flow budget to manage income and expenditure over the next 12 months.
Once mastered, these simple Excel® spreadsheets can be adapted to a number of farm businesses and become an integral part of financial planning and management, revised regularly to reflect current circumstances.
“This course will provide farmers with a straightforward approach to cash flow budgeting on a spreadsheet that can be adapted to a range of farm businesses depending on the individual’s needs,” Mr Ferrier said.
“The aim is to start to build confidence to use spread sheets to manage projected and actual farm cash flows so it as an ongoing process, not just as a one-off exercise.”
The course will run next week on Monday October 26 and Wednesday October 28, from 11am to noon.
Monday, October 26, 11am to noon: Introduction to cash flow budgeting, spreadsheet basics, and why cash flow budgets are important and how they assist farm business; and,
Wednesday, October 28, 11am to noon: Refining the spreadsheet, and adapting cash flow budgets to different production systems.
To register visit farm-cash-flowbudgets.eventbrite.com.au For more information phone Greg Ferrier on 0438 738 634l