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Farmanco Facts - December 2022

Farmanco Facts is available via the Farmanco website store, or download the Farmanco Facts App for iOS devices. Subscription can be via Email, Printed or through the Farmanco Facts App.

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December articles include -

Workplace Health & Safety Update

Katrina Kowald (Management Consultant)

  • The University of Sydney, Ag Health Australia website is an excellent resource for templates if you're looking to produce your own workplace health and safety (WHS) policies and procedures.

  • Deal with work health and safety as a team and encourage input from all employees.

  • All documents must be regularly reviewed and updated.

  • WHS in the agricultural industry is a minefield, but the resources and information are available. If you haven't already, make a start today.

If you are looking to develop your own WHS policies and procedures, the University of Sydney Ag Health Australia website is the place for you.


NVT & MET Data When Planning for 2023

Mark Lawrence (Agronomy Consultant)

  • The National Variety Trials (NVT) website is a great tool for picking new varieties.

  • Multi Environmental Trial (MET) analysis is an integrated part of the NVT website.

  • New varieties are always changing, particularly for canola.

  • The NVT website is a good reference for yield, but you still need to discuss the agronomic traits of a variety.

Making every dollar count means planning for the next season, so don’t be scared to ask for help and use tools to aid in your decision-making.


Thinking About Your 2023 Budget

Greg Easton (Management Consultant)

  • Fertiliser costs will be almost double the long-term average.

  • Wheat, canola and livestock will likely show the highest budgeted profit.

  • Surprisingly, budgeted lupin profit in the LRZ could be comparable to wheat due to their lower fertiliser requirement.

  • Rising machinery costs are an important consideration when making enterprise changes.

  • Changing your enterprise mix is an opportunity but consider it carefully.

  • A stronger balance sheet means you can probably take a more conservative approach in a tight start to the season.

Though the 2022 season is not completed, attention is already looking toward 2023; especially rotational choices given continuing high fertiliser prices


Also included in the December edition:

Budget Prices 2023 – wheat, barley, canola and other grains

Budget Prices 2023 – wool and livestock


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