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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 - 22 January 2020
By Jemma Pearl (Agriculture Victoria)

Forecasts4Profit website and Local Climate Tool

Understanding the jargon and lingo that is associated with climate variability can be confusing. The new Forecasts4Profit and Local Climate Tool can help you to simplify these terms and assist you in determining what they mean for your area.
The Forecasts4Profit website and Local Climate Tool have been produced as part …
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Agriculture Victoria, Climate, Forecasts4Profit, Local climate tool, The Break, The Very Fast Break

Business Management, Resources, Risk Management

published - 19 December 2019
By Sarah Wallis, Sarah Brown and Tristan Wardley (Agriculture Victoria)

Glossary of terms

Business management terminology can often be confusing and difficult to wrap your head around. One of the most common resources that we have been asked for during Young Farmer Business Bootcamps is a glossary of terms.
We have listed some of the most common terms used in farm business management and …
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Glossary

Business Management, Resources

published - 9 December 2019
By Sarah Wallis, Agriculture Victoria

Tackling the challenges of fifth generation farmers, the food industry and consumers all with the help of a 1970’s inspired caravan

The Young Farmer Business Network (YFBN), aims to share personal stories and photos, events and opportunities of great things happening on farms and in your community and organisations.
We met Bec Dunlop at a recent Agriculture Victoria meeting in Horsham. Like you, Bec is passionate about agriculture and supporting local farming …
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budgets, goals, plans, Vision

Business Management, Home, Uncategorized

published - 2 December 2019
By Sarah Wallis, Agriculture Victoria

Five tips for improving your negotiation skills

Have you ever felt nervous, intimidated dealing with authoritative figures, felt ripped off after a deal or just downright scared of a pending negotiation? You’re not alone.
This article will give you some tips on how to be more confident when asking for a pay rise, getting a better interest rate …
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Negotiation

Business Management, Home

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