Buy, lease or invest off-farm – learn more at GRDC Updates

image of grain storage
Understanding the pros and cons of having on-farm grain storage and the best set-ups for different operations will be key topics on the agenda for the Farm Business Updates in Mulwala and Wagga Wagga this month. Photo GRDC.

Evaluating the farm business impact of buying and leasing additional farmland will be one of the key topics on the agenda for growers at the Grains Research and Development Corporation (GRDC) Farm Business Updates at Mulwala and Wagga Wagga this month.

Grain growers, farm advisers and industry stakeholders are invited to the GRDC Farm Business Updates being held on June 25 and June 26, when topics to be discussed will include taking a ‘profit first’ approach to precision agriculture, building resilient businesses, and understanding whether ‘to store, or not to store’ grain.

GRDC Grower Relations Manager – North, Susan McDonnell said the Updates were an invaluable opportunity for growers to access regionally relevant, credible and new information to ensure they were strategically positioned to maximise business profitability.

“Growers understand the importance of being informed when it comes to making decisions around the non-agronomic elements of farm business,” she said.

“The GRDC is committed to delivering information through the Farm Business Updates that has the potential to have a positive impact on farm finances, as well as build grower capacity and knowledge.”

Additional topics on the agenda at the Wagga Wagga Update include: How to manage risk in your decision making and test your “gut feel”, with Sydney-based strategist and consultant Bryan Whitefield; the effect of debt on family wealth creation, with John Francis from Holmes Sackett; and grain market outlooks, with Tim Glass from Lachstock Consulting.

The updates will be held on:

  • June 25 at Mulwala – Yarrawonga Mulwala Golf Club from 8.30am-1pm
  • June 26 at Wagga Wagga – Rules Club from 8.30am-4pm.

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