Below the line, machinery ownership, interest/finance, and management costs are increasing! By how much you ask? Let's say $200,000 p.a. Operating profit is important, income minus variable costs and fixed operating costs. The target of 65% or lower operating costs is...

The 2024 season is well and truly upon us and with January now over it feels like there are so many jobs to do, it’s an exciting time of year. Our short sharp harvest allowed a good amount of down time to recharge and reset which has been well overdue for so many....

Succession has become a hot topic, and this has been covered previously in Landline articles. These have dealt predominantly with the process and strategy required to initiate the process and get results that should meet the outcomes that will ensure succession of...

For those with kids in the age brackets of year 3 through to year 6, there is the inevitable heavy decision in the background of what are the plans for high school education? There are many pathways to follow, but at the end of the day, you really want to get this...

Operating efficiency is an important metric measured in Planfarm’s business analyses, as it highlights how effectively resources within a farm business are being utilised and provides insight into the farm’s productivity and profitability. As part of the analysis...

Welcome to 2024 It is always a good time to reflect on your business, strategy, personal goals, and ultimately, why you are doing what you are doing – we are advisors, and I’m sure you would expect us to say that! But - it is more relevant now, given that many of you...

In anticipation for the end of harvest and getting prepped for the 2024 growing season I thought it might be useful to put together a guide for you to make getting your program started easier and save you some of the guess work. Sampling Start with seeing if you have...

We are having more and more discussions with growers who are interested in integrating carbon farming activities into their business. One of the common themes in these discussions is timing - how soon can they have a carbon project up and running? The answer, in short...

A hangover: ‘fleeting pleasure traded for tomorrow's discomfort, a zero-sum exchange where momentary joy equals morning's regret’. With harvest winding to a close for many, it’s not just a rowdy cut-out that will lead to headaches for farmers and businesses across...

It’s great to be a part of the Planfarm team, albeit a baptism of fire with a mid-harvest start date! I originally moved to WA to work in the grain industry in 2000 when producers were looking for assistance with a new hedging product called the AWB Basis Pool...

With harvest well underway across the state and finished already in some parts, the annual review season is rapidly approaching. This is always an opportune time to assess in a financial sense where things have finished for the current season, but also what do things...

Written by:  Mike Cameron | Specialist Farm Business Consultant | 0429 390 144 Given the cost of machinery Planfarm have developed some interesting solutions on how to get the very best out of them with a twist…. How to love your machines and get the very best out of...