News

Feb 27

Gleaning lessons for profitability

Posted by Kylie Dunstan at Thursday, February 27, 2020

UPDATE: Sorry everyone - the workshops have been cancelled due to the impact of the COVID-19 virus. We are hoping to reschedule and will keep you updated once we have some news. We thank you for your understanding as we prioritise the health and wellbeing of staff, participants and the community as a whole.

FarmLink partner, Rabobank, is bringing expert analysts to Temora Ag Innovation Centre (TAIC) on March 19 to host an event where they will discuss commonalities between Australia and the US and share their views on how Australian grain farmers can set themselves up for profitability.
RaboResearch US Grains & Oilseed Analyst, Steve Nicholson, will join Cheryl Kalisch Gordon (Senior Grains & Oilseed Analyst, RaboResearch, Australia) at the March 19 event at TAIC's Trefle Shed.
According to Ms Kalisch Gordon, Rabobank baseline projections show that US grain growers will face sustained margin pressure over the coming decade, primarily as a result of sluggish commodity prices and high input costs.
In particular flat US demand growth - US grain (wheat and corn) demand is forecast to grow at less than one per cent per annum for the next decade – together with increased grain production is expected to result in higher US grain stocks and lower US prices over the next 10 years.
In Australia we expect local cereal grain demand to rise by 2.3 per cent per year and above yield increases over the next decade, with feed grain demand leading the way. However, the outlook for challenging conditions for US farmers and further strong grain production growth in the Black Sea region that will underpin increased global production means that the Australian grains industry also faces a prevailing low margin outlook.
Individual farmers can however relieve margin pressure through the adoption of new technology to manage costs, risk management tools to deliver improved pricing and strategic review of longer term operational premises – such as should land be leased or owned, should quality or yield be the key aim and will on farm storage enhance long term margins?
Contact the FarmLink office on 02 6980 1333 for event details.

Feb 27

Money and the Mind workshops

Posted by Kylie Dunstan at Thursday, February 27, 2020

UPDATED UPDATE:  the workshop will now be presented as a webinar series. Find out more about Money and the Mind - webinar series

UPDATE: Sorry everyone - the workshops have been cancelled due to the impact of the COVID-19 virus. We are hoping to reschedule and will keep you updated once we have some news.
We thank you for your understanding as we prioritise the health and wellbeing of staff, participants and the community as a whole.

Finance and People Management for Successful Farming Businesses is the focus of a half-day workshop - Money and The Mind - to be hosted by FarmLink at TAIC and featuring the return of the ever-popular Carmen Quade, accompanied by Esther Petrie. 
Carmen partnered with FarmLink last year to run the highly successful Farm Budget Masterclass series in 2019, including a session at the FarmLink Open Day.
The Money and the Mind workshops will run twice on Wednesday, March 25, with Carmen and Esther guiding you through a range of topics including –
How and why to prepare an annual report for your business
How to structure finance 
Negotiating interest rate reductions
Alternatives to bank finance
Identifying if drought assistance suits your business
Building great relationships with staff and contractors
Understanding and diffusing tense meeting situations
Respond to conflict or tension within your business or family group
Managing challenging interactions professionally
How to protect your own mental health and wellbeing during tough times
Participants can choose to attend either the 9.30am-12noon session, or 1pm-3.30pm. A combined lunch for all participants will be held from 12-12.45pm. Individual enrolments are welcomed, while farm partners are also encouraged to attend, to share the learning and ability to take the information back to the business.
FarmLink gratefully acknowledges the financial support from Murrumbidgee Primary Health Network through the Australian Government’s PHN Program and Empowering Communities program. Rural Financial Counselling Service NSW Southern Region is also supporting the sessions.
If you would like to participate, contact FarmLink’s Lisa Matthews on lisam@farmlink.com.au or (02) 6980-1333.


Feb 13

Crop to Croissant

Posted by Kylie Dunstan at Thursday, February 13, 2020

What happens to your wheat when it leaves the farm after all that hard work you've put into it?
A FarmLink tour to Sydney on March 3 and 4 will take travellers on a tour of Allied Pinnacle's mill at Picton and Aryzta Bakery at Liverpool, with all travel, accommodation and meals covered by the FarmLink-Allied Pinnacle-Aryzta partnership.
The group will be taken through the processes involved at both the mill and bakery and be treated to lots of samples along the way, all made from wheat grown right here in the FarmLink region.
There's limited seats available on the bus, so if you want to come along, email farmlink@farmlink.com.au or call us on (02) 6980 1333 by February 14.