THE levels of risk associated with farming on the Eyre Peninsula will be examined at a GRDC farm business forum in Port Lincoln on July 5.
The update will feature expert speakers, including Nicon Rural Services consultant and livestock producer Cam Nicholson, Geelong, Vic, who says it is important that growers know their risk profile and the risks attached to different farm enterprises.
“Risk is a natural and accepted part of farming, and there are many strategies farmers use to manage production risk,” he said.
“Managing risk is about making decisions that trade some level of acceptable risk for some level of acceptable return for an acceptable amount of effort.”
Interest rates will be discussed by Robinson Sewell Partners’ Andrew Toole, while Rural Directions’ James Hillcoat will place the spotlight on farm machinery, with a particular focus on why and when these assets should be upgraded.
- Details: View full program at grdc.com.au