2,4-D Label Changes

14 November, 2018

During 2017/18 a significant number of non-target crops were damaged by 2,4-D spray drift. In response to these significant spray drift events, the Australian Pesticides and Veterinary Medicines Authority (APVMA)has released updated label restrictions for 2,4-D products which came into … Continue reading


Ground Applicator Licence

14 November, 2018

As of 1 July 2018, any person applying pesticides to weeds or soil for a fee will be required to hold a Ground Applicator Licence. The requirements to obtain a licence are: To be 18 years or older Attained competency … Continue reading


Southern NSW Regional Cropping Solutions Network (RCSN)

14 November, 2018

Rural Management Strategies is contracted by the GRDC to manage the Southern NSW Regional Cropping Solutions Network (RCSN). The RCSN group comprises twelve growers, advisors and researchers from across southern NSW which assist GRDC in identifying and prioritising research issues … Continue reading


Grain Market Update – Canola (November 2018)

14 November, 2018

The following graph shows the movement in ICE November 2018 Canola Futures and the domestic canola price delivered Port Kembla. The new crop canola price delivered port has increased steadily since January 2018, until late October when it declined. Since … Continue reading


Interest Rate Update (November 2018)

14 November, 2018

The following graph shows movements in both the 6 month and 3 year Bank Bill yield rates, for the period January 2006 to date. These rates are wholesale rates which are net of any margin charged by financial institutions. It … Continue reading


Drought Relief Funding (September 2018)

26 September, 2018

The Commonwealth and State Government have implemented new drought support measures to offset financial difficulties as drought conditions have intensified and expanded. The following is a list of the main support measures currently available to drought affected producers. This list … Continue reading


Interest Rate Update (September 2018)

26 September, 2018

The following graph shows movements in both the 6 month and 3 year Bank Bill yield rates, for the period January 2006 to date. These rates are wholesale rates which are net of any margin charged by financial institutions. Currently … Continue reading


Cost of Production and Break Even Price Analysis (July 2018)

23 July, 2018

The average budgeted unit Cost of Production (before interest), and Break Even Price (after interest), calculated from 2018/19 client budgets for the major commodities is shown below:               On average, both the Cost of … Continue reading


Key Financial Ratios (July 2018)

23 July, 2018

Management should focus on costs rather than income, is the key message from the following analysis. Some key indicators based on predicted EBIT (earnings before interest and tax) have been calculated on the 2018/19 client budget data.  EBIT is a … Continue reading


Net Farm Income Analysis (July 2018)

23 July, 2018

Attention to management of costs rather than income, has the greatest impact on Net Farm Income, is shown below. The results of budgeted Net Farm Income per hectare, for both the top 20% of clients plus average for the group, … Continue reading