Av­er­age year

Jai takes out band bat­tle

The Cobram Courier - - NEWS -

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.

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