Young Farmer Business Network |

Young Farmer Business Network

Drought and Dry Seasons Support

Using a SWOT analysis to help develop a business strategy

Welcome to the Young Farmer Business Network

2017-18 Livestock Farm Monitor Project now available

Young Farmer's Advisory Council making progress for Young Farmers

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

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, decision making, Decision tree, decisions

Business Management, Home, Resources

published - 11 April 2019
By Sarah Wallis & Grace Calder (Agriculture Victoria)

Join the free Online Young Farmer BestWool/BestLamb group!

Would you like to increase your farm business management skills, expand your networks, engage with other young sheep producers in Victoria about issues affecting your business, and have access to expert presenters, all without having to leave the couch?
Then the online young farmer BestWool/BestLamb group is for you! The group …
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BestLamb, Bestwool, business management, Young Farmer Business Network, Young Farmer Groups, Young farmers

Business Management, Home, Young Farmer Groups

published - 1 April 2019
By Georgie Thomson (Agriculture Victoria)

LFMP Case Study: Top performing farm focuses on what they enjoy

Agriculture Victoria’s latest Livestock Farm Monitor Project (LFMP) for 2017-18 assessed the economic performance of 77 sheep and cattle farms across Gippsland, the South-West, and Northern Victoria regions. The project has a 48-year history in Victoria reporting on characteristics of average and top performance among participant farms.
Case Study
The following …
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Case Study, Economics, Farming, LFMP, Performance, Profitability, Sheep

Business Management, Resources

published - 14 March 2019
By Georgie Thomson (Agriculture Victoria)

2017-18 Livestock Farm Monitor Project Data is Now Available

Agriculture Victoria’s latest Livestock Farm Monitor Project (LFMP) for 2017-18 assessed the economic performance of 77 sheep and cattle farms across Gippsland, the South-West, and Northern Victoria regions. The project has a 48-year history of reporting livestock performance and in 2017-18, farm profits (adjusted for CPI) were the second highest …
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business management, Georgie Thomson, LFMP, Livestock farm monitor, Victoria

Business Management, Resources, Uncategorized