Farm profit in fo­cus

The Free Press (Corowa) - - FRONT PAGE -

Grain grow­ers are in­vited to a farm busi­ness fo­rum in Mul­wala this week to hear about op­por­tu­ni­ties to im­prove prof­itabil­ity through ef­fec­tive grain mar­ket­ing, as well as tips for suc­ces­sion plan­ning.

Printed by Robert El­lis, your WISS LTD Wool Bro­ker local rep­re­sen­ta­tive, Phone: (03) 9369 2077 or Mo­bile: 0417 334 659.

The Grains Re­search and Devel­op­ment Cor­po­ra­tion (GRDC) is host­ing the Farm Busi­ness Up­date on Wed­nes­day, June 27.

The event, which has the theme of ‘Strate­gic Steps: En­dur­ing Prof­itabil­ity’ is de­signed to raise aware­ness and im­prove grower knowl­edge of is­sues re­lat­ing to farm busi­ness man­age­ment.

GRDC Grower Re­la­tions Man­ager – North, Richard Holzknecht said the up­date was an op­por­tu­nity for grow­ers and their ad­vis­ers to hear from in­dus­try ex­perts on top­ics rang­ing from grain mar­ket­ing and iden­ti­fy­ing emerg­ing tech­nolo­gies to suc­ces­sion plan­ning.

“The GRDC Farm Busi­ness Up­dates play an im­por­tant role in pro­vid­ing grow­ers and agron­o­mists with in­for­ma­tion and in­sights that al­low them to make more in­formed de­ci­sions, which in turn im­pact farm prof­itabil­ity,” he said.

At the Mul­wala Farm Busi­ness Up­date, Brad Knight from Geo Com­modi­ties will talk to grow­ers about what to grow, where to store grain and how to de­ter­mine buy­ers in a bid to guide mar­ket­ing plans to max­imise prof­its.

Iden­ti­fy­ing high cost pad­docks and how they im­pact farm profit and fi­nan­cial per­for­mance, par­tic­u­larly in low in­come years, will be the fo­cus of a pre­sen­ta­tion by Phil O’Cal­laghan from ORM.

Tech­nol­ogy spe­cial­ist Paul Hig­gins from Emer­gent Fu­tures will ex­plain to grow­ers how they can as­sess the real value of new tech­nolo­gies to their farm busi­ness.

While Leo De­lahunty from Tem­ple­more Part­ners will share first­hand ex­pe­ri­ences of how ef­fec­tive man­age­ment and suc­ces­sion plan­ning can help a fam­ily farm work across gen­er­a­tions.

The Mul­wala Farm Busi­ness Up­date will be held at the Yar­ra­wonga Mul­wala Golf Club Re­sort. A GRDC Farm Busi­ness Up­date will also be held at Wagga Wagga on Au­gust 8.

More in­for­ma­tion can be ob­tained by vis­it­ing or by phon­ing 03 5441 6176 or email­ing ad­min@orm.

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