Jai takes out band battle
Cobram indie-rock band The Delirious had the Yarrawonga Town Hall rocking at the Push Start Battle of the Bands on August 31.
There were five competing acts from across Moira Shire desperate to impress, with Cobramites and previous winner The Delirious opening the event and Wangaratta band The Quick and the Dead closing.
Almost 100 people enjoyed some of the best upand-coming musical talent in the region.
The winner was Jai Crispin from Yarrawonga P-12 and the runner-up was Indigo Carter from Nathalia. A special encouragement award was given to Sacred Heart College in Yarrawonga’s newlyformed Year 7 band Static. Jai will now go on to compete in the regional finals next month.
The 2018 Dairy Farm Monitor Report has found that return on total assets has remained constant across Victoria, despite average profit being the fifthlowest in the 12-year history of the project.
Agriculture Victoria Farm Business specialist Claire Waterman said the results reflected the challenging seasonal conditions, despite improved milk prices.
‘‘Return on total assets remained constant at 2.5 per cent across the state on average. However, there is notable variation between the regions,’’ Ms Waterman said.
‘‘Average profits remained comparable with the 2016-17 year with whole farm earnings before interest and tax decreasing to $159 000, compared with $167 000 reported in 2016-17.
‘‘While fewer farms recorded a positive result compared with the previous year (67 of the 75 farms), the range was narrower this year.’’
The 2017-18 season presented challenges for farmers in Victoria’s north, yet it was better than the previous year with good pasture growth, higher milk production and improved milk price.
Rainfall was 92 per cent of the long-term average, however it was boosted by a large rainfall event in December.
The conditions turned hot heading into summer and autumn, and on average farms used more irrigation allocations, purchased additional feed and utilised their fodder reserves.
Farmers who acted early in the season were rewarded as the price of water and feed increased towards the end of the year.
Irrigators received 100 per cent allocation of their high reliability water shares and the median price of temporary (allocation) water was $110/Ml. The 11-year average of allocation water price on the Greater Goulburn system is $164/Ml.
A 14 per cent increase in milk price to $5.87/kg MS supported a positive return on total assets of 2.5 per cent and EBIT increased to $185 000, the sixth highest recorded in the 12-year history of the project.
Return on equity returned to positive values, posting 1.2 per cent in 2017-18, and net farm income was $73 000.
Ms Waterman said all Victorian dairying regions had challenging seasonal conditions in 2017-18, with reduced rainfall compared to the previous year resulting in decreased homegrown feed.
Ms Waterman said farmers’ expectations about their business returns for the 2018-19 season were cautious.
‘‘While over two-thirds of farmers predict their business returns will improve, many participants were concerned about seasonal variability in the coming year,’’ she said.
‘‘Input costs were the major issue identified for the coming 12 months, while milk price and climate variability were also identified as concerns over the longer term.’’
The Dairy Farm Monitor Project provides farm level data relating to dairy profit and production in Victoria.
The project is a joint initiative between Agriculture Victoria and Dairy Australia.
Winner: Jai Crispin (left) from Yarrawonga P-12 took out the the Push Start Battle of the Bands competition.
Rock on: The Delirious frontman Isiah Mustica had the crowd rocking.
Songbird: Nathalia’s Indigo Carter was feeling the crowd.