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Farmanco Facts - May 2024

The May edition of Farmanco Facts will see many of our farm business clients racing along with seeding, poring over rainfall forecasts and praying to the rain gods.

 

Farmanco will soon publish Pestbook 2024. Profit Series 2024 is being worked on with the plan to be published in late July.

 

If you’re interested in contributing data and benchmarking yourself against other Australian Farm Businesses, visit Aglytica.com. Contact your nearest Farmanco Consultant if you’re also looking engage a professional adviser for your business.

 

The May edition of Farmanco Facts has been emailed to clients and is available on the Farmanco App.

 

Contributors this month are Mae Connelly (Esperance), Ian Richardson (Esperance) David Cameron (Moora), and Stacey Bell-Crookes (Mogumber).

 

 

Pulse Market Update

Mae Connelly (Grain Marketing Consultant)

  • This article is a summary of the global pulse market.

  • Australia’s production and exports of key pulse crops are outlined.

  • The effect of sea freight on Australian pulse exports explained.

  • What factors are affecting the market outlook of key pulse crops?

 

This article gives an overview of Australia’s role in the global pulse market, highlighting its achievements in producing and exporting key pulse crops like lupins, chickpeas, lentils and faba beans.

 

 

How to Buy the Next Block of Land

Ian Richardson (Farm Management Consultant)

  • Buying a whole farm is out of reach for most businesses.

  • A syndicate of like-minded individuals may offer a way to expand.

  • There are some other non-traditional options

 

Prices are at levels whereby it is very difficult for a significant amount of land to be bought by the traditional family business. As with everything, there are exceptions and those come by way of businesses in very good financial shape — generally free of land debt.

 

 

Sclerotinia in Lupins

David Cameron (Agronomist)

  • Lupins suffer ground (basal) and/or canopy infection.

  • History of prior sclerotinia susceptible crops is required for the disease.

  • Early crop establishment is the next strongest indicator for damage.

  • High humidity and temperatures between 16°C to 25°C favour the disease.

  • Fungicides are effective against canopy infections, but not basal infections.

  • The optimal time of spraying is late flowering-early podding on the main stem.

 

Sclerote contamination of grain is a problem and while fungicides often reduce this, trials show it to be inconsistent.

 

 

Opportunities from Measuring GHG Emissions

Stacey Bell-Crookes (Management Consultant / Project Officer)

  • The agricultural industry is still waiting for state and federal governments to release greenhouse gas (GHG) legislation.

  • The finance industry has been identified as the most likely to have a significant impact on farming businesses in the short term.

  • While purchasing Australian Carbon Credit Units (ACCUs) to offset emissions is acceptable under certification guidelines, consumers may have a different opinion.

  • Participating in GHG measuring projects enables Farmanco to experience and learn some of the parameters that growers may need to operate within in the future.


… increased focus on greenhouse gas emissions in politics and the broader agricultural industry has been a growing concern of primary producers … Up to this point in time, the main concerns have been focused on the potential introduction of an emissions tax …

 

 

Subscribe to Farmanco Facts via our Website Store (2024 prices TBC), by emailing subscribe@farmanco.com.au, talking to your Farmanco Consultant - or downloading the Farmanco Facts App (iOS)


 

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