General Comments – Newsletter November 2017

21 November, 2017

This year has reinforced the folly of designing production systems from the top down, based on commodity prices prevailing last year or early this year, rather than from the bottom up based on physical factors.  It has been witnessed yet … Continue reading


Farmland Ownership

21 November, 2017

Farm succession planning or transition of the farm business to the next generation, usually involves a transfer of farmland somewhere in the process.  To date, the transfer of farmland owned prior to the commencement of Capital Gains Tax (CGT) in … Continue reading


Grain Market Update – Wheat (November 2017)

21 November, 2017

The following graph shows the movement in Chicago (CBOT) December 2017 Wheat Futures price and the 2017/18 APW Multigrade price delivered Port Kembla. Prices have been somewhat variable during the second half of 2017.  Dry and frosty conditions in much … Continue reading


Grain Market Update – Canola (November 2017)

21 November, 2017

The following graph shows the movement in ICE November 2017 Canola Futures and the domestic canola price delivered Port Kembla. ICE futures have continued to strengthen since August, plus the basis has also improved during this period. At present the … Continue reading


Wool Market Update (November 2017)

21 November, 2017

The following graph shows the AWEX Eastern Market indicator (EMI) in cents per kilogram clean, from August 2009 to date. Decreased wool availability plus strong demand from buyers has led to all time record wool prices recently. While wool growers … Continue reading


Interest Rate Update (November 2017)

21 November, 2017

The following graph shows movements in both the 3 month and 3 year Bank Bill yield rates, for the period January 2006 to November 2017. These rates are wholesale rates which are net of any margin charged by financial institutions. … Continue reading


Protecting Crop Income from Adverse Weather Events

18 September, 2017

Frosts, droughts, floods and hot windy days can make farming a frustrating business at times.  When everything under the control of management has been done to obtain the best result, but a weather event occurs that significantly reduces the expected … Continue reading


Work Health & Safety Policies – Can it be made Easier?

18 September, 2017

Clear and concise descriptions of the expectations and standards associated with the operation of a business, will provide a safe and more productive work environment.  So why doesn’t every small business do it?….because most small businesses find it difficult to … Continue reading


Grain Market Update – Wheat (September 2017)

18 September, 2017

The following graph shows the movement in Chicago (CBOT) December 2017 Wheat Futures price and the 2017/18 APW Multigrade price delivered port. Since early January, both the futures and domestic price have remained flat with the basis at or close … Continue reading


Grain Market Update – Canola (September 2017)

18 September, 2017

The following graph shows the movement in ICE November 2017 Canola Futures and the domestic canola price delivered port. Since early January, there has been a steady decline in both the futures and domestic prices. More recently the domestic price … Continue reading