Young Farmer Business Network

Stylized image of dry conditions
published - 14 August 2019
By Young Farmer Business Network
Agriculture Victoria Drought and Dry Seasons Support – Updated August 2019

The Victorian Government has committed $50 million in targeted support for farm businesses and farming communities impacted by drought and dry seasonal conditions.
The funding acknowledges the economic and well-being impacts of ongoing drought and dry conditions to Victorian farmers and there are a number of grant and assistance programs available …
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Risk Management, Scholarships, Awards and Support, Uncategorized

on-farm grain storage
published - 17 July 2019
By Kellyanne Harris (Agriculture Victoria), Chris Warrick (Grain Storage Specialist)
Economics of On-Farm Grain Storage

As growers continue to expand on-farm grain storage, the question of economic viability gains significance. 
To make a sound financial decision, you need to compare the expected returns from grain storage vs expected returns from other farm business investments, such as more land, a chaser bin, a wider boomspray, a second …
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Business Management, Home, Resources, Risk Management

Pasture paddock
published - 8 July 2019
By Georgie Thomson & Tristan Wardley (Agriculture Victoria)
Investing in pasture development

The key criterion in judging whether an innovation is worth adopting concerns the extent to which the innovation is likely to help the owners achieve their goals (Malcolm, Makeham & Wright, 2005).
This article considers the decision to invest in perennial or annual pastures 
The process of valuing pasture investment involves judiciously …
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Business Management, Risk Management, Uncategorized

Young Farmer Business Bootcamp
published - 27 June 2019
By Kellyanne Harris (Agriculture Victoria)
Sunraysia is next – Young Farmer Business Bootcamp

Local member of Agriculture Victoria’s Young Farmers Advisory Council, Jennifer Zappia, is encouraging young farmers to sign up for the Sunraysia Young Farmer Business Bootcamp coming in August.
The bootcamp gives anyone in a farm business position the opportunity to enhance their financial skills, and directly apply this in their everyday management.
“It …
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Business Management, Home, Scholarships, Awards and Support, Uncategorized

published - 26 June 2019
By Claire Waterman (Agriculture Victoria)
The hunt for data from Victorian dairy farms has begun

Staff from Agriculture Victoria and the private sector are busy surveying 75 participating farms to have the latest Dairy Farm Monitor report released at the end of August.
The Dairy Farm Monitor Project has been analysing the economic performance of Victorian dairy farms over the last 11 years. Dairy farms across …
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Business Management, Uncategorized

eLearn cover image
published - 12 June 2019
By Sarah Brown (Agriculture Victoria)
New Farm Business eLearning module available now

The Young Farmer Project, with the support of Agriculture Victoria, has now launched its first online learning module, the Farm Business eLearning module.
This module has been designed for all farmers, from those new to managing farm businesses, to those just wanting to brush up on some farm business management …
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Business Management, Resources, Uncategorized

cover image for video
published - 6 June 2019
By Paul Blackshaw (Meridian Agriculture) & Sarah Brown (Agriculture Victoria)
Paul Blackshaw Video Series – Introduction

Paul Blackshaw is a farm business advisor with Meridian Agriculture, based in Rutherglen in North East Victoria. Paul provides services in farm financial analysis, benchmarking, farm business performance, and succession planning. He previously worked as a Farm Business Economist for Agriculture Victoria, delivering the Livestock Farm Monitor Project, and as …
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Business Management, Uncategorized

published - 31 May 2019
By Jemma Pearl (Agriculture Victoria) & Tristan Wardley (Agriculture Victoria)
Using a Decision Tree to help Make Decisions

Making decisions, the Decision Tree analysis method
Making decisions can be tricky, especially when there are many different possible choices and outcomes. One tool that may assist you in this process is a Decision Tree.

A Decision Tree is a graphic representation to visualise different choices, with a probability analysis to …
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Business Management, Home, Resources