About Mike Krause

Mike Krause is one of Australia’s leading Farm Business Management consultants with significant experience in providing support, training and consulting to Australia’s agricultural and agri-business industries. Follow on: Facebook | Twitter | LinkedIn

Farm Succession Planning 1: When to get started?

Succession planning continues to be one of the most challenging topics for farming families to deal with successfully and is the topic most frequently requested by our listeners.   This series of podcasts explores three key questions:   (1) Why is it so difficult for many families to get started on farm succession planning and when is the best time to start?   (2) What is the best process?   (3) How can we avoid some of the challenges that can occur in farm succession planning?   Judy Wilkinson has been providing consultancy to families on farm succession planning, more recently known as ‘Farm Business Transition’, for over 20 years. Her experience gives helpful insight into this often difficult process. Judy has also been involved in farming for many years at Snowtown, South Australia, [...]

By |2022-11-28T01:46:33+00:00September 2nd, 2021|Farm Business Succession Planning|0 Comments

Interest Rates and Your Farm Business

Darryl Gobbet is currently a Visiting Fellow at the SA Centre for Economic Studies at the University of Adelaide. Darryl is an eminent economist and has had many roles in his successful business career. Darryl and Mike’s path first crossed in the late 1980’s at The State Bank, the predecessor the BankSA. Notably in those times interest rates reached the giddy heights of 22%. Darryl shares his thoughts on current interest rates and where he thinks they are heading, and the impact of this on the farm business and rural land values. [...]

By |2022-11-21T23:31:37+00:00August 4th, 2021|Farm Business Decision Making, Farm Finances|0 Comments

5 Challenges Facing Farm Businesses Today

Tony Hudson is the Founder and Director of Hudson Facilitation. He shares his insights with Mike Krause of P2PAgri on what he sees to be the five significant challenges facing farm businesses today. These are challenging times for rural businesses, with increasing risks from climate variation, fluctuating commodity prices, access to export markets and increasing land prices. Tony brings a wealth of experience to his consulting in farm business management: from lecturing at Marcus Oldham College, and working in rural banking at NAB (National Australia Bank), to many years training and consulting to farm businesses. [...]

Using Target Price & Target Yield to Help Determine Target Profit

Analysis of your tactical Target Yield and Target Price this season can help drive your farm business profitability goals. Our family enjoy a good game of cards when we get together on holidays. One of our favourites is 500. Most times it is played with fun and reasonably light-hearted joshing. Occasionally, it can become a little more intense! For those who are familiar with the game, you will know the exhilaration of picking up a good hand and then trying to win the bid and get your hands on the kitty! But no matter how good [...]

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