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


Weed Escapes

21 November, 2017

Crop inspections during spring 2017 have revealed relatively high levels of weed escapes in many paddocks.  This is largely the result of the wet spring in 2016 which led to high seed set of weeds, plus the dry frosty conditions … Continue reading


New Crop Varieties for 2018

21 November, 2017

Following is a selection of crop varieties released recently, which are worthy of consideration next year: WHEAT Longsword (RAC 2341) Released for 2018 Marketed by AGT Classification pending EPR TBA, depending on classification, seed sharing permitted between growers Winter wheat, … 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


General Comments – Newsletter September 2017

18 September, 2017

This News Bulletin marks the 30th anniversary of the farm business consultancy now known as Rural Management Strategies, commenced by Robert Patterson in October 1987.  It also marks another milestone in terms of employees becoming partners in the business, with … Continue reading


Russian Wheat Aphid – Update

18 September, 2017

Cereal crops should be monitored for Russian Wheat Aphid (RWA), as temperatures reach the ideal range for reproduction.  Any decision to treat infected paddocks should be based on an economic threshold, plus consideration of the yield potential of the crop … Continue reading