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Farmanco Facts - November 2022

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Articles this month include -


New Wheat Grade – ASW9

Mae Connelly (Grain Marketing Consultant)

  • Cooperative Bulk Handling (CBH) has introduced a trial wheat grade called ASW9 for this harvest.

  • This currently affects WA growers directly, but Grain Trade Australia (GTA) is looking to take ASW9 national.

  • For eastern states readers, it is interesting in terms of the market focus on higher proportions of lower protein wheat in these higher yielding years.

One major change that CBH is making is the introduction of a new trial wheat grade called ASW9.

 

Should I Grow my Nitrogen in 2023 Instead of buying it?

Ben Curtis (Farm Management Consultant)

  • Growing more legumes to produce more nitrogen is unlikely to make you more money.

  • Legumes can have a high price volatility, which can make them riskier to grow.

  • Nitrogen left behind by legumes varies greatly from year to year.

If fertiliser nitrogen costs continue to rise then the rate of return from nitrogen investment will reduce. As marginal returns drop off with additional fertiliser, it will become less profitable to apply additional nitrogen.

 

Profit Series 2022 — Long Term Fertiliser Responses & Costs

Rob Sands (Management Consultant)

  • How strong is the relationship between fertiliser cost and yield?

  • How many kilograms of grain are produced per dollar of fertiliser spent?

  • What is the average fertiliser spend in $/ha?

  • What is the average fertiliser spend per tonne of grain produced?

  • Does a higher spend on fertiliser result in higher gross margins?

  • What is the average applied N per tonne of grain produced?

  • What do growers who generate the highest gross margin per tonne do differently?

  • How can this analysis help with fertiliser decisions in the 2023 season?

Can lessons from the past help us with fertiliser decisions for 2023? To help answer this question, we have interrogated Profit Series fertiliser data over the last five years to find information to help clients with 2023 fertiliser decisions.

 

2022 Crawford Conference: Celebrating Agriculture for Development — Outcomes, Impacts & the Way Ahead

Alice Butler (Precision Ag Consultant)

  • 25% of the world’s population lives on less than US $3.20 per day.

  • 2.5 billion people rely on wheat globally to alleviate hunger.

  • CIMMYT continues to develop more productive germplasm.

Increasing food production capacity within Australia and translating our research to increased food and nutritional security abroad is critically important and this will only increase as we navigate through conflict, climate change and high input prices.

 

Using Data to Drive Better Decisions in a High Input Cost Year

Blake O’Meagher (Precision Ag Specialist)

  • In this article, we explain the importance of collecting data.

  • Bringing data together brings better insight into paddock productivity.

  • We can use your historic yield and rainfall data to measure water use efficiency (WUE).

  • This combination of data can be used to predict yields and refine nitrogen requirements.

Data management is a critical part of any business. Industry data helps to inform and improve business processes and refine resources by minimising waste, which ultimately impacts the bottom line

 

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