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Young Farmer Business Network

Does a dry spring mean I have to give up beer?

Investing in Pasture Development

New Farm Business eLearning Module Available Now

Ask an Expert

Video Series - Informed Decision Making

published - 21 November 2019
By Tristan Wardley (Agriculture Victoria)

2018-19 Dairy Farm Monitor Report

A Victorian Overview
The DFMP provides farm level data from 75 farms relating to profit and production in Victoria and was produced for the 13th time this year. The 2018-19 financial year was a challenging period for the Victorian dairy industry. Profit was constrained by below average rainfall and high input …
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Agriculture Victoria, Dairy farm monitor, DFM, report

Business Management, Resources

farm paperwork with pen, ruler and grain

published - 4 November 2019
By Paul Blackshaw (Meridian Agriculture)

Tips on Approaching the Bank

Dealing with a bank is a way of life for most businesses. This article will discuss how you can get the most from the process and how you might effectively prepare. It will discuss what the banks are looking for when they assess a loan application, and how you might …
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approaching the bank, farm finance, Meridian Agriculture, Paul Blackshaw

Business Management, Resources

published - 23 October 2019
By Paul Blackshaw (Meridian Agriculture)

Paul Blackshaw video series – Comparing Budgets to Actuals

This is the third and final in our short article and video series by Paul Blackshaw from Meridian Agriculture on Informed decision making. In this video Paul further describes how to compare your budgeted figures to actual figures.
Comparing budgets to actuals
In previous Meridian Agriculture articles we have looked at the …
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Budgeting, Meridian Agriculture, Paul Blackshaw, video series

Business Management, Resources

published - 14 October 2019
By Tristan Wardley (Agriculture Victoria)

Does a dry spring mean I have to give up beer?

The Whole Farm Approach
Whatever the goals of your business – having a social Friday-night beer with your mates or heading out for a fish – it’s important to keep track of your income and costs. Using this information to analyse your business in terms of cash, profit and wealth will …
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business check, business management, cash, farm planning, profit, the business health check, wealth, Whole Farm Approach

Business Management, Resources

published - 8 October 2019
By Paul Blackshaw (Meridian Agriculture)

Paul Blackshaw video series – Budget ‘Tips & Tricks’

This is the second in our short article and video series by Paul Blackshaw from Meridian Agriculture on Informed decision making. In this video Paul further explains some tips and tricks for preparing a cash flow budget.
Budget ‘Tips & Tricks’
The last newsletter featured an article describing some of the benefits …
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budgets, business management, farm business, Meet the Expert, Meridian Agriculture, Paul Blackshaw

Business Management

published - 12 September 2019
By Paul Blackshaw (Meridian Agriculture)

Paul Blackshaw video series – Informed Decision Making

This is the first of our short articles and videos by Paul Blackshaw from Meridian Agriculture on informed decision making.
Informed Decision Making
As the end of the financial year ticks over, the financial performance of the farm often takes on more priority than which pastures to sow, or what the lambing …
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budgets, cash flow, cash flow budget, decision making, informed decision making, Meridian Agriculture, Paul Blackshaw

Business Management, Resources

published - 23 July 2019
By Tim Bateman (ORM)

Success in a challenging season – 2018

When looking back at the 2018 season, most farmers in the eastern states of Australia will remember it as being very challenging. By far the biggest challenge in 2018 was a lack of rain. Many areas would only receive decile 1 or 2 annual rainfall and this was compounded by …
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Agribusiness, business management, dry seasonal conditions, ORM, Young farmers

Business Management

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, Economics, on-farm grain storage, return on investment, stored grain

Business Management, Home, Resources, Risk Management

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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annual, business management, investment, pasture, perennial, risk, Young farmers

Business Management, Risk Management, Uncategorized

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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Agriculture Victoria, business management, LaunchVic, Mildura Regional Partnership, Northern Mallee Leaders, Risk Management, SuniTAFE, Workshops, young farmer business bootcamp

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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Agriculture Victoria, dairy, Dairy farm monitor

Business Management, Uncategorized

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, eLearn, eLearning, farm business, Learning Management System, LMS, online learning

Business Management, Resources, Uncategorized