Welcome to May 2019 and this month’s edition of Farmanco Facts!
Welcome to the May edition of Farmanco Facts, which subscribers will have received by email or post. Remember that you also have access via the Farmanco App and our website, using your client login ID and password.
Please visit our website, or follow the link in this article, to subscribe to our monthly newsletter, which is contributed to every month by professionals from our Farm Management, Agronomy and Grain Marketing teams.
In the Editorial Ryan Duane, touches on the upcoming elections with a summary of key policies and what their impact might be on the agricultural sector.
Jane Packard discusses the canola market in detail, looking at the current balance sheet, markets for Australian Canola, price discovery, hedging and price risk management.
Mark Lawrence provides a summary of a workshop he attended this year (WA) where Dr Paul Umina gave an update on Green Peach Aphid (GPA) and what happened in the Esperance region in 2018.
Greg Easton takes a brief look at Seed Singulation and how it can increase yields in canola and some legumes.
Tim Haines, out of Farmanco in Albury, looks at making better livestock decisions in dry times. Planning is essential, as is acting earlier rather than later.
Giving you a taste of what’s to come are the key points, below:
Seed Singulation by Greg Easton, Farm Management Consultant
|Evenly spaced seed can increase yields in canola and some legumes||May not result in increased cereal yields but might enable reduced sowing rates for same plant establishment|
|Specialised machinery required at this stage||Watch the innovators and researchers in this space|
Green Peach Aphids: What we have learnt from the Esperance region!, by Mark Lawrence, Agronomist
|Green Peach Aphids (GPA) are a very adaptive insect||Shift in resistance observed last year in the Esperance Region to an important insecticide to control GPA|
|GPA are known to be a vector for Turnip Yellow Virus (previously known as Beet Western Yellow Virus)||GPA have shown moderate to high level resistance to three of our main groups of insecticides|
|We must take an integrated pest management approach to reduce reliance on insecticides|
Making livestock decisions in dry times, by Tim Haines, Farm Management Consultant
|Droughts and dry seasons are a normal part of farming across Australia and plans on how to manage dry times should be part of the overall management of the business||Early decision making ensures good welfare outcomes for livestock and for the business|
|Developing an action plan or drought strategy that can be easily implemented will make managing droughts less stressful|
Data Security & Creating Passwords, by Keith Symondson, CEO
|Humans are often the weakest link in the chain when it comes to data security||Don’t use the standard advice to create passwords (random letters and numbers and special characters). Instead use 5-6 random words|
|An 11-character password using letters, numbers and special characters would take a computer around 3 days to crack. A password using 6 random words, would take 5 million years||When you’ve selected passwords use something like Keeper to secure all your passwords / phrases|
|Encrypt individual files / folders containing confidential data using tools such as Axcrypt||Don’t open attachments unless you know where they came from; don’t click on links in emails asking you to reset your password|
Canola Price Drivers by Jane Packard, Grain Market Analyst
|Global oilseed production and demand has been increasing||Australian canola makes up less than 1% of the global oilseeds market|
|Canada is our major competitor in our canola export markets||There are two canola futures exchanges that influence our canola prices – ICE (Canada) and Euronext (EU)|
|Fuel markets and global politics are having an increasing impact on our canola prices||Canola swaps are a more flexible alternative to forward cash sales|
FARMANCO PHOTO COMPETITION – photos are being judged in the next week.
Every edition of Farmanco Facts includes updated Wool and Livestock Reports for WA and NSW/VIC, prepared by Richard Brake, Farm Management Consultant.