General Comments – Newsletter September 2014

25 September, 2014

Not another dry late winter/early spring, particularly after such a promising start to the season! Unfortunately this is what management has to deal with, balancing risk with reward in a variable climate. The way this uncertainty is managed, sets apart … Continue reading


Grain Market Update – Wheat (September 2014)

24 September, 2014

The following graph shows the movement in Chicago (CBOT) December 2014 Wheat Futures price and the 2014/15 APW Multigrade price delivered port. To mid-May the basis was in the positive $20 to 30/t range. From mid-May to date, the basis … Continue reading


Wool Market Update (September 2014)

24 September, 2014

The following graph shows the AWEX Eastern Market indicator (EMI) in cents per kilogram clean, from August 2009 to date. Whilst there has been some volatility over the last two years, the AWEX EMI has largely traded within a range … Continue reading


Interest Rate Update (September 2014)

24 September, 2014

The following graph shows movements in both the 3 month and 3 year Bank Bill yield rates, for the period January 2006 to September 2014. These rates are wholesale rates which are net of any margin charged by financial institutions. … Continue reading


Cost of Production and Break Even Price Analysis (2014/15)

18 June, 2014

The average budgeted unit Cost of Production (before interest), and Break Even Price (after interest), calculated from 2014/2015 client budgets for the major commodities is shown below:                   Both the Cost of … Continue reading


Key Financial Ratios (2014/15)

18 June, 2014

Some key indicators based on predicted EBIT (earnings before interest and tax) have been calculated on the 2014/15 client budget data. EBIT is a measure of profitability used across various businesses and industries. The average results for the top 20% … Continue reading


Wool Market Update (June 2014)

18 June, 2014

The following graph shows the AWEX Eastern Market indicator (EMI) in cents per kilogram clean, from August 2009 to date. Whilst there has been some volatility over the last 2 years, the AWEX EMI has largely traded within a range … Continue reading


Interest Rate Update (June 2014)

18 June, 2014

The following graph shows movements in both the 3 month and 3 year Bank Bill yield rates, for the period January 2006 to June 2014. These rates are wholesale rates which are net of any margin charged by financial institutions. … Continue reading


Interest Rate Update (May 2014)

8 May, 2014

The following graph shows movements in both the 3 month and 3 year Bank Bill yield rates, for the period January 2006 to May 2014. These rates are wholesale rates which are net of any margin charged by financial institutions. … Continue reading


Getting Paddock Rotations Right

14 November, 2013

Increasingly mixed farming operations are finding there are a number of paddocks in the system that have been cropped for an extended period of time. These paddocks are generally more costly, because they require more inputs, often have more weed … Continue reading