Build­ing profits with loan

Max­imis­ing farm op­por­tu­ni­ties

Central and North Rural Weekly - - NEWS -

QRIDA’S Sus­tain­abil­ity Loans are pro­vid­ing broad-acre grain grow­ers with more op­por­tu­ni­ties to max­imise their mar­ket­ing and lo­gis­tic op­tions and im­prove prof­itabil­ity.

With his years of broad-acre farm­ing ex­pe­ri­ence, QRIDA re­gional area man­ager for cen­tral and west Queens­land Bradley Whit­ting­ton knows how fund­ing on-farm si­los, grain dry­ers and re­lated equip­ment through Sus­tain­abil­ity Loans can help boost farm pro­duc­tiv­ity.

“In­vest­ing in aer­ated sealed si­los and stor­ing grain on-farm puts mar­ket­ing di­rectly in the grower’s hands and can help main­tain grain qual­ity, al­low­ing for a more even cash flow and max­imis­ing re­turns by choos­ing when to sell,” he said.

“When hold­ing grain over for next year’s sow­ing, aer­ated si­los can pro­vide ef­fi­cient con­trol of grain pests and dis­eases and will de­liver im­proved ger­mi­na­tion and seed vigour, re­sult­ing in bet­ter yields and max­imis­ing sow­ing in­puts.”

Mr Whit­ting­ton said QRIDA’s low-in­ter­est Sus­tain­abil­ity Loans were best utilised when fund­ing in­te­grated on-farm de­vel­op­ments such as com­bin­ing aer­ated si­los with a grain dryer.

“Dry­ers pro­vide the op­por­tu­nity to har­vest ear­lier, re­duc­ing in-pad­dock losses from bird dam­age, seed crack­ing and shat­ter­ing, and weather events,” he said.

“The abil­ity to har­vest at higher mois­ture lev­els pro­vides a more vi­able seed, bet­ter grain colour and a higher oil con­tent in oilseeds, lead­ing to im­proved re­turns for the grower.

“These on-farm in­vest­ments can in­crease the har­vest win­dow, help ex­tend har­vest­ing days and pro­vide

❝ Dry­ers pro­vide the op­por­tu­nity to har­vest ear­lier, re­duc­ing in-pad­dock losses from bird dam­age, seed crack­ing and shat­ter­ing, and weather events. — Bradley Whit­ting­ton

more abil­ity to man­age weather-re­lated events.”

Mr Whit­ting­ton said Sus­tain­abil­ity Loans could also be utilised for ma­chin­ery up­grades and equip­ment pur­chases.

“With the con­tin­u­ing shift to min­i­mum and zero tillage prac­tices, pre­ci­sion planters and con­trolled traf­fic equip­ment fit per­fectly with the pur­pose of these loans,” he said.

“Yield po­ten­tial can be max­imised through the use of pre­ci­sion planters, im­prov­ing seed ger­mi­na­tion and op­ti­mis­ing plant pop­u­la­tions across the cul­ti­va­tion.”

Sus­tain­abil­ity Loans can pro­vide up to $1.3 mil­lion to pri­mary pro­duc­ers at low in­ter­est rates with flex­i­ble re­pay­ment terms and in­ter­est-only pe­ri­ods.

With no fees and charges they pro­vide an at­trac­tive fi­nance op­tion no mat­ter what the sea­son. Mr Whit­ting­ton is avail­able to dis­cuss your plans and as­sist with your ap­pli­ca­tion on your prop­erty or at the up­com­ing North­ern GRDC events.

For more in­for­ma­tion about Sus­tain­abil­ity Loans and el­i­gi­bil­ity, visit www.qrida. qld.gov.au or phone 1800 623 946.

SILO SO­LU­TION: On-farm si­los, such as these near Goondi­windi in Queens­land, can be funded through QRIDA’s Sus­tain­abil­ity Loans. PHOTO: CON­TRIB­UTED

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