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. [...]

Evaluating the Economics of Export Hay in Selected Farming Systems

This farm business analysis was conducted on behalf of the Australian Exporters Company (AEXCO) to assess the financial and risk management benefits of including the Export Hay enterprise in farming systems in Australia. The two farming systems used for this analysis were located in South Australia and Western Australia.  The inclusion of the Export Hay in these farming systems helped manage business and agronomic risk in the following major areas: Improved ‘Net Farm Profits’ and efficiencies, as measured by ‘Return on Assets Managed’. Competitive gross margins when compared to grain production and sheep. Economic balance to grain production as the [...]

Are you in the driver’s seat in your farm business?

Driving any vehicle with confidence toward your goal or destination needs a strong focus on the road ahead, while keeping one eye on what’s behind in your rear-view mirror and another on what your gauges tell you about how well your vehicle is travelling. Is your farm business any different? How well are you planning for the coming season’s journey? In a chat recently with an industry leader who has developed a paddock planning app for farmers, I was surprised to hear that only about 15% of farmers who use these types of [...]

By |2022-12-01T03:50:09+00:00April 27th, 2018|Farm Business Decision Making|0 Comments

‘The Family Farm as a Business’: Mike Krause interview with Neil Tuckwell of Your Business Mentor

‘Farming the Business’ manual and eBooks: Essential farm business management information Click to download Mike Krause, author of ‘Farming the Business’, being interviewed by Neil Tuckwell on Your Business Mentor. Mike Krause of P2PAgri shares why this information, available in both manual and eBook formats, is essential material to support farmers and their advisers in farm business management decision making. ‘Farming the Business’ has been commissioned by the Grains Research and Development Corporation (GRDC), as part of their recognition of the importance of helping the grain farmers of Australia improve their business skills. Some of the essential farm business management skills [...]

By |2022-11-21T23:34:55+00:00September 8th, 2017|Farm Business Thinking|0 Comments
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