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commodity price

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Catalogue: GRDC Updates
The items that have greatest impact on profit are the commodity prices that are achieved, the amount of commodities produced and what it costs to run the business in that year... The results shown in Figure 1 indicate the relative importance that a 5% shift has on business profits... There is a need to get smarter at obtaining this information to drive farm business profits...
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Catalogue: GRDC Media
For some of us, it has also been a stark reminder of the climatic uncertainties we face in agriculture and the value of having a risk management strategy in place... While we can't control weather events, we can control our approach to managing risk - some would say that profit made is the reward for managing risk well... A risk management strategy can then be devised following some simple steps - list the business risks, analyse the likelihood of the risk occurring against the size of the potential financial impact, prioritise the risks and focus on strategies to manage the major ones...
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Catalogue: GRDC Media
For some of us, it has also been a stark reminder of the climatic uncertainties we face in agriculture and the value of having a risk management strategy in place... While we can't control weather events, we can control our approach to managing risk - some would say that profit made is the reward for managing risk well... A risk management strategy can then be devised following some simple steps - list the business risks, analyse the likelihood of the risk occurring against the size of the potential financial impact, prioritise the risks and focus on strategies to manage the major ones...
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Catalogue: GRDC Factsheets
Successful farm businesses know the cost of production of each commodity they produce... Copies of all the above fact sheets are FREE plus P&H and available from: Ground Cover Direct Freephone: 1800 11 00 44 or email: ground-cover-direct@canprint.com.au These can also be downloaded from www.GRDC.com.au/fbm could be made that the figures are giving barley a bad rap, due to it being the crop of choice when 'rolling the dice' in a tight season... For example, if you have $1m of machinery and $800k of it is solely cropping related, then apportion the depreciation to the cropping enterprise...
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Catalogue: GRDC Factsheets
Successful farm businesses know the cost of production of each commodity they produce... Copies of all the above fact sheets are FREE plus P&H and available from: Ground Cover Direct Freephone: 1800 11 00 44 or email: ground-cover-direct@canprint.com.au These can also be downloaded from www.GRDC.com.au/fbm could be made that the figures are giving barley a bad rap, due to it being the crop of choice when 'rolling the dice' in a tight season... For example, if you have $1m of machinery and $800k of it is solely cropping related, then apportion the depreciation to the cropping enterprise...
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Catalogue: GRDC Factsheets
Successful farm businesses know the cost of production of each commodity they produce... Copies of all the above fact sheets are FREE plus P&H and available from: Ground Cover Direct Freephone: 1800 11 00 44 or email: ground-cover-direct@canprint.com.au These can also be downloaded from www.GRDC.com.au/fbm could be made that the figures are giving barley a bad rap, due to it being the crop of choice when 'rolling the dice' in a tight season... For example, if you have $1m of machinery and $800k of it is solely cropping related, then apportion the depreciation to the cropping enterprise...
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Catalogue: GRDC Updates
Global and commercial realities facing Australian grain growers.. The persistently high value of the Australian dollar has meant that Australian grain prices are lower than they would otherwise have been, given historical exchange rates... As noted earlier it is the combination of seasonal and commodity price factors that determines broadacre farm revenue analysing commodity price trends in isolation does not provide a complete picture...
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Catalogue: GRDC Updates
The results indicate that Australian farm business managers operate in a more volatile business environment than is the case for virtually all national agriculture sectors world-wide, and also that businesses involved in Australian agriculture experience more than twice the level of volatility on average of businesses in other sectors of the Australian economy... The research examines available financial data for broadacre farms in Australia, to ascertain the extent to which farm managers and their business advisors have been able to successfully manage volatility in their business decisions... Australian farm businesses compete with businesses in other sectors of the Australian economy for capital, and human and natural resources it is useful to consider the volatility of the agriculture sector relative to those other sectors of the economy, and also to identify whether the relative volatility of the agriculture sector has changed over time...
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Catalogue: Ground Cover
National Australia Bank chief economist Robert Henderson said Australia was well positioned to meet increased demand from Asian markets... Mr Henderson said the increased protein consumption resulting from higher living standards in the developing economies of China and India was particularly promising in the medium term for Australian agriculture... For growers attempting to navigate through this environment, Mr Krueger said it was important to stay the course rather than getting caught up in day-to-day fluctuations...
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Catalogue: GRDC Media
END POINT ROYALTIES EXPLAINED: As southern region grain growers watch their crops develop and ripen, their thoughts will be turning to commodity prices and harvest logistics... The subject of end point royalties may also cross their mind, so to assist growers in understanding the EPR system, the Grains Research and Development Corporation (GRDC) has developed a fact sheet which explains why EPRs exist and how they are collected... The site is a joint initiative developed by the EPR steering committee, which comprises representatives from all industry sectors including breeders, seed commercialisers, grain traders and the GRDC. ENDS GRDC project code: SED00001 Authorised by the GRDC and distributed on its behalf by Porter Novelli, phone 0409 675100...
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