FARMANCO FACTS 2019 – November
Andrew Smith, Agronomist and Precision Ag Specialist based out of our Kojonup office wrote the November editorial and before introducing the articles for the month, he writes about Technology, Big Data and AgTech – introducing his editorial with –
Technology, Big Data and AgTech seem to be the topical conversation in agriculture today and will most likely continue to be into the near future. While adoption rates of AgTech and specifically precision agriculture has been slow, anecdotally it seems as though there is a trend coming that implementation may increase. Whether this is hype or reality, the range of technology that can be implemented on farm right now is rapidly increasing.
Read the rest of this article and much more with the November edition of Farmanco Facts. To whet your appetite, article key points follow:-
|Precision Agronomy – getting smarter with our data (by Blake O’Meagher, Agronomist & Precision Ag Specialist)|
|New 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|
|Work, health & safety – SafeAg case studies (by Keith Symondson, CEO & Jari Karvonen (Safe Ag Systems)|
|Agriculture, forestry and fishing are the most dangerous sectors to work in, in Australia||Large fines and potential jail sentences apply to business owners who don’t take WHS (Work, Health and Safety) seriously and don’t have the right systems and processes in place||Safe Ag software can help to create a safer working environment as well as providing improved efficiencies|
|However, it’s not just about the software, you need to change the culture of your business|
|Early release FMDs (by Greg Easton, Farm Management Consultant)|
|FMDs can be withdrawn early and retain taxation benefits||Only withdraw FMDs early if you don’t think you will need to place funds into FMD’s later in the financial year|
|Cash contract details for the 2019 / 2020 harvest (by Jane Packard, Grain Marketing Analyst)|
|Payment terms vary by buyer and range from two business days to 30 days from the end of week of nomination||Deferred (July 2020) – transfer contract options are limited again this season||Canola contracts – consider if you need the snail grades on a multi-grade, ISCC certification requirements and allocate by the nett value of each load (including oil and admix)|
|Barley and wheat contracts – consider which grades and varieties you need to cover and allocate by grade spreads rather than prices||Farmanco Marketing can help with correct allocation to contracts over harvest|
Eve Kent, Lead Consultant for Farmanco Bookkeeping gives her tip of the month on Fleet Licensing. And Keith Symondson gives the lowdown on the Farmanco annual planning conference, held in October at Albany.
Each edition of Farmanco Facts includes Wool & Livestock Market Reports for both WA and NSW / VIC prepared by Richard Brake.