AGRIBUSINESS EDITION 2019
To finish each year, Farmanco produces an Agribusiness Edition of Farmanco Facts.
This edition of our monthly newsletter is provided FREE to agribusiness; accountants, financiers, grower groups and resellers.
Our agribusiness contemporaries get to read what we’ve been doing in Farmanco, and our team vote on the articles they think could be of particular interest for 2019 / 2020.
Blake O’Meagher, Agronomist and Precision Ag specialist and based in Beverley, welcomes readers and hopes the articles provide some insight into the 2019 topics we at Farmanco believe to be the most relevant, informative and of value to growers.
Following are some ‘key points’ of articles included in the 2019 Agribusiness Edition:-
|Precision Agronomy – getting smarter with our data (by Blake O’Meagher, Agronomist & Precision Ag Specialist)|
|How Precision Ag data is helping build more value into our agronomy services||Using easily accessed and lower cost sources of data to build more tangible paddock productivity assessments||Creating nutrient use efficiency analysis models from yield and nutritional input data|
|Farmland Values (by Greg Easton, Management Consultant)|
|Farmland values continue to rise over the long term||Growth is sporadic with declines, flat periods and strong growth periods||Land is increasingly scarce|
|In global terms our land values are still reasonable||How to work out what is a reasonable value|
|Regulations for Pesticide use in Australia (by David Cameron, Agronomist)|
|Regulation of pesticides helps manage risk associated with their use||Regulations vary across states, with some doing more to help farmers manage risk than others||The process of “harmonising” laws across the country is under way|
|You can influence pesticide access through your GRDC Regional Copping Solution Network (RCSN)|
|Pesticides deliver great benefits, but with them comes risk, which needs to be managed|
|Successful Farm Businesses: How do they do it? (by Ben Curtis, Management Consultant)|
|Teamwork||Managing all parts of the business well, not just the parts they enjoy||Getting help in areas where needed|
|Understanding what is important and being prepared to refocus the business||Always striving to be better||Getting important jobs done on time|
|Consulting to many businesses doing the same thing provides the opportunity to compare them|
|Blockchain in Grain Marketing (by Mae Connelly, Grain Marketing Consultant)|
|Blockchain allows digital information to be distributed, but not copied or changed without everyone who has access agreeing||It is starting to transform how financial transactions are performed||Advantages of blockchain include faster payments, lower supply chain costs and improved traceability along supply chains|
|Blockchain is already being used in grain marketing||Issues with blockchain include slowness, expense of electricity required to run blockchain networks, and potential lack of privacy|
Also included are:
Grain, wool and livestock budget prices for WA (2020 and 2021) and NSW, VIC and SA (2020).
From everyone at Farmanco – stay Safe and have a Merry Christmas. We look forward to supporting farm businesses into the 2020 season.