Welcome to tonight's webinar, lessons from the land the cropping session. Tonight we will hear from three New South Wales cropping producers
about their cropping operations, their experiences managing drought and some of the lessons learned along the way.
My name is Kate Pearce. I'm the drought adoption officer for the New South Wales Local Land Services.
This webinar is brought to you by the Drought Adoption Officer Program, which has received funding
from the Australian Government's Future Drought Fund through the Southern New South Wales Innovation Hub and the Southern Queensland,
Northern New South New New South Wales Innovation Hub. The acknowledgment.
Local Land Services acknowledges that it stands on the Country which always was and always will be Aboriginal land.
We acknowledge the traditional Custodians of the land and waters and we show our respect and respect for Elders past, present and emerging.
We are committed to providing places in which Aboriginal people are included socially, culturally and economically.
Through thoughtful and collaborative approaches to our work.
Just a bit of housekeeping for tonight's webinar. This session is being recorded and will be available on YouTube
channel, our YouTube channel to view later. We encourage that you ask questions throughout the session
using only the Q&A function and not the chat function on your screen,
and please include which produced the panelist you are directing your question towards.
We will then answer these questions toward the end of the presentation at the conclusion of tonight's webinar.
So please fill out our post-event survey, which we will show you at after the Q&A session at the end.
We value your feedback and this helps us to deliver the content you like to see in the future.
I will now go on to introduce tonight's panelists. Firstly, we will hear from David Gooden.
David is the director of a family farming business at GoodCo Farm.
And I'm sorry, David, if I've said that wrong, I'm sure you could correct me a bit later this evening.
He is the manager of the crop Production and Dry Land Property, which produces canola, wheat, barley, legumes and green
manure crops under a controlled traffic farming system. For with full stubble retention.
The business also has internal trucking enterprise and Gooden Welding, which makes chemical batching trailers.
David has experience in agri business, supply chain working with stock and station agents before joining Dalgety after leaving school in 97.
Can after leaving school. After leaving school, sorry and in 97 completed
a Bachelor of Applied Science in Agriculture. Since then he has been actively involved in the family business.
In 2010, David was awarded enough food scholarship and travelled for 16 weeks into 12 different countries
studying global agricultural, agriculture and spray application, technology regulation, testing and training.
David is married to his wife Heidi, who is also an agronomist at the Delta
AG, based in Lockhart.He's passionate about the future of agriculture and wants to see rural communities grow and develop.
Then we will hear from Jen Jeffries. Jen went home in 2005 to Weebollabolla.
We believe all the more. After a stint up north completing a business degree at Orange AG
and then mate and mate trading in Penrith in 2020. In 2010, she moved over 1000km away to her husband's family farm.
Delegate station. Delegate, where she continues to commute between the two family properties.
From one end of the state to the other. In 2019, she officially took
over the management of Norland Pastoral. The team manages over 10,000 hectares, of
which 7000 hectares is cropping and the rest is grazed. And thirdly, tonight we will hear from John Stephenson.
John has spent the majority of his working life as a Warakirri cropping employee.
Commencing as an assistant farm manager at Englefield Plains in 97, John quickly graduated to management
and spent two years managing Ryobi in southern Queensland. John spent 20 years managing Orange
Park in the New South Wales Riverina, before transitioning to a role as the Southern Regional manager in 21.
John has a passion. It has a passion for optimizing systems and efficiency,
and has a strong understanding of the key drivers for investor returns in broadcast production, agriculture.
So thank you to our three panelists for joining us tonight. I will now hand over to our first panellist, David,
and start with his questions. So, David, welcome to tonight's webinar.
To start us off, can you tell us a bit about your farms and provide an overview of the main drought management strategies
that you have utilised on your properties during dry seasons?
Thanks, Kate. Yeah. David Gordon, good Co farm. It's made up of four families.
We work as a collaboration across 4000 hectares in Lockhart southern New South Wales. We're all dryland farming.
We grow canola, wheat, barley and legumes. And annual rainfall ranges from in the last 20 years, from,
about 170 mills in our 7 to 950 odd mills in 20 to.
And that reflects in our average weight yields from about 0.5 tonnes of a hectare to. I have a five hectare average yield across the farm.
Wheat yields across the farm. So, some of the drought strategies
that, our risk management strategies that we put in place, and number one is about planning and having a good plan.
And the most important thing about planning is having a plan to change. And knowing what changes we can make
that will have the least amount of compromises. And whether that's, we compromise on weight.
We want to be selling our highest productive land. We want to be selling where there's, some soil moisture, a high fertility.
So we want to make sure we're getting those, the right crop growing at the right time in those in those important places.
So this year, with the lack of sign moisture at sowing time in April, we just changed the siding over to the plan to start.
Just got changed around. And the important thing there was to chase moisture so we can get some
crop up out of the ground on the little bit of moisture that we did have. So we changed the order of sowing, went inside some paddocks
and got canola, emerged early. And the other change remained.
This year was just changing our crop top. So pulling canola out of the system in one block and slowing it down to barley.
Which is also on dry, this year. Now the
drought management strategy is just continuing to improve. So we need to invest in what's important on the farm,
whether that's equipment, improving the landscape. And that's just to try and reduce the risk of, anything going wrong.
Risk of lack of rain. Farming is a long term goal or a long term plan.
So we need to look after what we what we have. And the third main point on I like to make was understanding our costs.
Whether that's through benchmarking or whatever we need to do, just understand
what costs we can cut that will have the least impact on our bottom line and on the overall farm
performance over the long the long term. So that was the three main points I wanted to make tonight to start us off.
Thanks, David. They're great. They're great. And that probably perfectly sets us up for the next question.
Which which you have kind of touched on. David. So what are the benefits of early or late sowing or
using short duration varieties during drought years? You have mentioned, that you do change crop types and timing.
So can you just elaborate a bit more about, I suppose, the benefits around doing that?
Yeah. For us it's about maximizing yield and even biomass. So, yeah, it's it's matching the moisture
or the or the, the crop type to the season. If we've got moisture, we want to be selling a long season variety to maximize the yield and biomass potential.
And then if we dry sowing something, we might have to say something shorter season because the rain might come for a while.
So we need to show that. So those shorter season varieties to make sure they're not flowering into late into springtime because, biomass is really important.
Sometimes we can grab plenty of biomass but can't grow yield. And so buying biomass becomes important because there's a high option available.
And especially in dry years when people are after feeding high, it becomes, a worthwhile proposition sometimes to, to make, make high.
Thank you. Thank you. David. That is that is a worthwhile option for sure. And obviously a good drought management strategy to have for making hay.
I suppose in, in recent times, or even this year is, is that turning out.
We've, we've making any hay. Not this year.
Only for it being dry. There was now the need to cut high.
Last year we had frost, so that was, gave us a raise and another reason to to take that risk and cut high.
This year, we just let the crops go and, we'll see what happens. It's been cooling off, and it was going to rain, so,
Yeah, we didn't pull that trigger this year. Thank you. David. Thank you.
Our next technical questions. How do weather based forecasting tools
and ag technology help support your drought management plans? David?
Yeah. Really? It's about helping us to plan and prepare. So there's plenty of tools and there's plenty of data,
that we have now from, from the history and, and that helps us to, estimate our paddocks potential.
Looking back at past years, we also use spreadsheets and just look at what's happened before in the past and try and predict,
you know, different seasons and, and how they and the outcome to say when that helps us for this year's planning.
Thank you. David. Is there a is there a favorite tool lack with a platform or,
you know, tool that you, you prefer to use that really helps?
No, there's a there's a there's quite a lot. Climate's a really good one for looking at past history and, and, and now and what's happened in the past.
But now there's, there's a, there's a lot of weather forecasting apps that we've just got to go through and work out what's the best for us.
But climate is a good one for looking at past things for our local area, past events
for sure. Thank you. David. What land preparation techniques,
do you use to help conserve soil moisture on your farm?
Retaining stables at the most important thing for us, ground. Ground cover.
Retaining stable in a rye sowing. And having control traffic. Farming's been a really important part of that, process
over the last 20 years while we've been doing it. It's, it's part of what we do now. So it's one of those things
we often forget about, but it's, it's part of the system. It's reducing our compaction,
and it's making our soil health better. In the cropping in the cropping area.
So, I think that's a really good they're really good tools that we is to, maintain ground cover, and build soil organic matter.
Yeah. That's great. David. Thank you. This next question is probably one that will feature
throughout the whole, series of, of tonight's webinar. But David, what is the top three actions that you have taken that have created
drought resilience in your farm operation and farming operation? I suppose previous droughts, may have influence on this answer.
And yeah, you may be able to elaborate on one particular lesson that really stands out that you've learned.
Good or bad, it doesn't matter. But yeah, it would be love. Love to hear what you what you have to share.
Yeah. Well, good rotation, building soil, organic matter, and moisture and, and that is probably been our best.
The sacred to our, you know, resilience, I guess, because if you've got a good rotation and a and a spread of,
different crop types and actually spreading risk, and some years you benefit from,
those crops over the next 3 or 4 years and some examples of that, being when we Brahman you in some crops,
we've been able to say those benefits of that one one crop in the next three seasons in providing a
the nitrogen or more moisture, for the following crop. So it's benefit, you know, that, growing more biomass or better yields,
in those tight years where we retain that moisture from one annual crop,
so that's one example. Minimum till and stubble retention is certainly the other, action.
We've definitely taken and having good equipment. So, in order to,
to sow and germinate crops, you need to understand how equipment works and, and and knowing where you're putting your seed and,
and getting that set to germinate on minimal moisture is a really important feature in our environment.
Just to get crop emerging, crop growing. Is a really good tool
of achieving high, high yields and being more resilient. So can you say, say to to place
to say in the right place, where that staple or shallow and for dry sowing purposes, having the right equipment,
and understanding how it works, is a really good tool, I think. So there some three ones for us.
Okay. Thank you, thank you. David, that that's great.
I will now go on to some more personal based questions. Looking back at major droughts you've managed through,
is there a particular moment or decision that stands out as a turning point for you, either practically or personally?
I couldn't think of one quite. But it's really about continuing to evolve, and learn.
And it's really about making good decisions in tough times. And that's about the taking risks or trying to remove
risks from the business and, you know, from the environment where we're in.
So I think it's about trying to evolve and learn as we go along and, and make good decisions.
Yeah. So very good points, David. Now, David, I have heard that the community in Lockhart
is a nice and strong one. What do you think is important to keep people connected
in times when seasons get dry and tough? Yeah. Well, John, John will be able to relate to some of those,
but certainly coming together, as a community, as a group of farmers or, or the like as a sporting group or whatever.
Like I've been lucky we've had I am an Agora, which is our farmer group, which still continues to be active and be fairly successful.
Which brings helps bring people together. We've got active farmers and our John was involved in active farmers in Lochart, and we've got one that has been now.
So, doing little things like that, is important, to keep our mind active and, and things thinking back to why from the farm.
Yeah. That's amazing. That's really, really good to hear. I'll give it one last personal question.
To round out your part of tonight's, panelists webinar.
David,how do you maintain focus on long term goals such
as, you know, planning and, and I suppose maintaining productivity
in the thick of, you know, a gruelling drought, and maintaining that positivity in in times when it is really tough.
Yeah. I think understanding that that farming is a long term game and long term plan. And I think the main important thing is,
we still need to invest in what's important. And so whether that's people or, or wades or ground cover, to improve
soil organic matter, you know, improving our understanding of finance,
it's all those little things and that evolve over time.
But the need to continue to invest is important, I think. And, I think that's, that's what sort of drives us to keep,
keep improving is just, to keep improving and work together to try and make things better for, for the next time.
Yeah. Thank you David. That's great. If anyone has any questions, like I said at the start, please pop them in the Q&A
function and address them to David, and we will come back to them at the end.
Next we will hear from Jen Jefferies. So Jen, thank you and welcome to tonight's
webinar Jen, to get it started. Can you provide
can you provide an overview of your property and walk us through some of the key strategies
you've used during drought, drought periods to keep things running?
Thanks, Kate. Yeah. We have the two main properties based, ones have been all about
ten kilometres east of Vogel, below, which has approximately 3500 hectares of cropping.
We have, stud breeders based on that property. The goats and,
some trade cattle as seasons permit and that we all of which surrounds Moree to the north and east, we have that 7500 hectares of cropping.
We've have our 59th annual bull sale in 26. We have trade cattle and we do actually have a thousand head,
accredited feedlot that we, grain prices have been fairly handy over the last four years.
So we've opted with sort of changed that, enterprise slightly and used it more as a management tool.
But yeah, I have, the drought strategies. I think I mean, obviously every drought and farm and family are different.
We've actually been around since we've had we Bulla since, 1873
and the novel, since the 1890s. And, we've had a lot of,
adaptations over the years, well over a century. And,
yeah, I think, I think droughts are always good for, I mean, you should be doing this
constantly, but a drought, especially that really last big one, was a great opportunity for us to sort of reassess
where the business was financially and assess the team's capacity and skill set, and then also your infrastructure and
machinery ideally have this, ticking along constantly. But, the last one gets a really good kick up for us to get things happening.
But obviously, we really well, during the drought,
the five year rotation did go out the window, but we, we were able to reset that and get everything back in order.
With that winter cereal, Winter pulse went to see along Longfellow summer crop
double, and then double crop, after the summer crop, which, I think that's that's one of the biggest things
you really need to have your business set up, to really pounce on those goodies when they do happen.
Because, that's why you need to average it out. The good news over those bad is.
So, you. So profile is crucial. Obviously, annual rainfall has a big factor
to do with that, but you can't control that one. So the stubble retention and fellow management,
you know, really helps with that. Making sure you, you have that profile,
ready to go and, you know, it can definitely
be the difference between having a crop or not in low decile years. I mean, this year in particular, it was very strange.
We've all had one of its better seasons, although. But in January, there was no profile, so I thought it was going to be.
We were going to have more than our 20% Longfellow, happening. But, as it turned out, we got quite good rain.
We Buller and but no. Yeah, it was, it was just literally that we had that planned rain ready to jump on it
when the rain came because it didn't it didn't come to the 11th hour. But we were able to have
we had all our infrastructure, all our machinery ready to go. The last drought actually, that's another big thing.
We invested heavily in. We identified some of our weaknesses as being our storage, on farm storage,
we put up for the 1800 tonne silos. We increased our shed capacity to, you know, machinery
just getting and second hand machinery. It was spinning. Well, it wasn't during the drought. We we invested in and some second hand machinery then.
But it's, you know, it's so expensive. And to have it sitting out in the sun, you know.
Yeah. Just, just getting on top of all that infrastructure upgrades and, making sure that everything was, was ready to go
because we really the last four years had been pretty manic. We haven't had a second to scratch ourselves.
Really. You know, just capitalizing. We've had a lot, quite a few years of double cropping,
which is not we don't necessarily happen every year, but you want to make the most of it when you can.
Because it's, you know, who knows when the next drought around the corner is for us?
Certainly we saw that in the South. I've heard people say that it was it was worse in the 2019,
2020 drought, which, yeah, that's that's huge. And.
Yeah. And I suppose. Yeah. And we and we also we identified, you know, you can't do it all at once in a course
in a drought. You do want to minimize your costs, but then you've got to weigh up,
you know, where you're going to get your biggest bang for your buck. You know, we we also had a wish list where we,
you know, once we've done a fair few years with, with bags, we were able we've earned the right to invest in, in,
you know, silos and, and we ended up this is last year investing
in, in a second hand hit off that was on our wish list this last season.
You know, with, with the costs getting up to over $750 an hour for contractors, you know, that those those last year
we had a lot of crop down and it was it was really, really expensive. So we've sort of we've got that's paid
dividends with this year with good, harvesting conditions. Although we did have run last night.
But yeah, it's and yeah, just identifying where those,
where you want to spend the money, whether it's in fertilizer or, yeah.
Doing all your soil testing and those sorts of things, having that all in order and up to speed that, that, that moisture retention
with the stubble management and knowing your rotation and you plan and getting those residuals down early one year we will be disorganized.
And the fellow sprays that we did, but we're ridiculous. It really is a huge saving
being organized and and timing obviously. That's another example of the rainfall.
You can't control the timing of the rainfall. We managed to get away with it. Before where we had some of our best yields ever
and least on our lessor country, a lot of soils,
which, you know, we took a risk planting because you can't hold the profile there, but, yeah, we, we were able to get over
six tonnes to the hectare, and it's it's, that that was a record on that, that sort of country.
And that was just all that to good management was the, the really controlling
those weeds over summer and stubble and doing, doing everything that we could, could possibly do in terms of what we could control.
Yeah. Wow, Jen. Thank you. That, is an awesome overview
I suppose that in the farming game they say what is the definition of luck in its prior preparation.
Makes opportunity acres lock so that that little I suppose. Yeah.
Nugget of knowledge where you've talked about how things worked out this year sounds like. Yeah. You had it on the money.
Really, really good to hear Jen being, I suppose, having a foot in the south and the north.
You you're a very good candidate. And so, so is everybody on these panelists tonight.
To talk about, I suppose, the different sort of cropping systems, but being in the North and the varying soil types, these this will change.
Obviously we've varying soil types for Jen, when the soil moisture is quite is isn't quite high enough.
How do you make the call to plant or not. And we talk about obviously the bucket being full, being the soil profile
and the water profile in the soil being really full or being really low. And so when it's really low and, and there isn't, you know, water
available to plant that, that makes a decision easy to not do it. And obviously when it's high it makes it very easy to do it.
So that middle ground is really tricky. Jen, can you just walk us through what you guys do?
Yeah, I think I did allude to it a little bit. We did with that last answer, but, yeah, I mean, today I was
this year was actually a classic example of all of that. But I think having that real intimate knowledge of your soil types,
you know, that order of, you know, whether you plant which, which section of your property first and knowing that,
you know, some might seal off and, and some hold some moisture better.
If you get rain and whether you go shallow or deep, it's a constant juggle and, and we've got agronomists that we've got, we've got a great team
that's, been with us for a few years now, and every season seems to be different.
But yeah, I think you do. And you gotta, you gotta you gotta back yourself and take risks.
Where in where in agriculture. But also knowing, you know,
only you know how much, how much risk you can take. Yeah, I think I think knowing the big thing, I've seen some
desperate decisions being made for desperate outcomes. I think you have to know your risk. Probably.
We are an agent. And, you know, we take we actually take. I'm not. I don't actually gamble that.
I is a huge, huge risk really. But it's calculated and, you know, just having that
intimate knowledge of it. Your people and what you
what, what you're working with. And only you can sort of make that, that call.
But what if so that, that, Jen. Yeah. You know.
Yeah. You don't know that, right? I mean, yeah, I was just going to say, I mean, you we,
we were held off, planting because the profile wasn't, wasn't, full, and we just thought, no way.
In the course, the neighbor that went ahead, you know, they they got a freak storm, and you know, that they,
they, they've, they've won on that one. And, you know, and then we've had other instances where we've had like,
we we got wiped out by hail and, draw a line cut in one year. We got the insurance and then pounce on, on the, on a mung
bean crop, which was a short one and then went straight into Bali. So you sort of take the wins when you get them.
And you, you, you just learn from. You learn. You learn every, every time.
But I don't think you can be afraid to have a crack that within, within reason. Yeah, exactly. Jen.
Thank you. Jen, we I suppose all the weather
based forecasting tools and ag technology, there's a lot of things that flood the market, in terms of, you know, and David
and that is and, you know, probes in all of the above, what I suppose are
a few that you like to use that you find really helpful in making decisions.
Yeah. Well, we use we use ag world. Have found the Navy are really helpful with yield estimates in conjunction
with on the ground for insurance and planning, harvest logistics and, and, yeah, the, the moisture probe.
We're part of this, farming group down here, MFS Monaro farming systems,
and they actually have soil moisture probes located all over the Monaro. And it's really useful tool for passive budgeting.
But of course all the irrigators up north have one in every paddock. And you know, in,
in the individual fields I should say, we've got a weather station, I've got the goanna thing app on my sign, which I look up.
Yeah. But one with the last 4G upgrade, which have an upgrade it. But, that's annoying me on it anyway.
But yeah, I think there is so much to see. Yeah. Yeah, they're they're really they're great tool.
Yeah, yeah. Thank you. Thank you Jen I suppose I'll get to what are the top three actions that you've
taken that have created drought resilience in your farming operation? And I suppose using the, the dreaded 2019 drought, none of us forget it.
We've all got PTSD. I suppose that there could be some, some top actions that have come out,
even if it's true. Yeah. What what stands out to you? Yeah.
Yeah. Number one, sort of the, the planning, and involving all UK people said up to speed with the thought process and, and I always value that.
I mean obviously my thing by several thousand kilometers away. They're the ones doing it. So the I always value their contribution and and more often
than not I'm getting phone calls now when we're they're initiating. I thinking we should do x, y, z because of this.
You know, if it's making their life more efficient or, Yeah, easier.
I'm all for it. So that leads into the second, point of, you know, empowering your people.
And, and, and that also plays into the third one with keeping in form and getting out
and about and talking to other farmers that this MFS group down. He's really proactive.
And it it's sort of a combination of,
graziers and and cropping. So that's, that's been good thing from a mixed farming operation.
You know, I always I mean, we don't have any shape up north, but, you know, you always pick up and learn different things and different industries
and, yeah, I so attending Field Days is getting out, very important.
So I think that was, yeah. And, and going from one end of the state to the other, you know, in my situation
and I go via of my brother in law and sister Nariman, they're always pushing boundaries, doing things differently.
So, that's that's. Yes. Getting, that, that peer to peer learning really is important.
For sure. Thanks, Jen. Yeah, yeah. And yeah I did the a day pay the Bravo aid a a yes.
The endure.
All right as well because it got you thinking about the future because you do get really stuck in a rut.
Just just thinking of the now, especially if you're constantly having to feed livestock every day, day in, day out.
Yeah, like, but Groundhog Day for sure. For sure. Jen. Thank you.
I will run on to some personal questions during long dry stretches.
What helps what helps to you to keep turning up each day?
There any small routines or habits that have helped you stay motivated during a really hard time?
Having three kids that was, having to manage them and being part of another family operations,
being part of the two family operations has has been insightful.
It's. Yeah. There's no downtime. That's that's yeah, it's it's constant.
So, but I mean, certainly, exercise is always been a big, big thing.
Yeah, exercise is big and talking. I've got three sisters and one's in H.R.
One's in finance and the other one's on a farm. So. Yeah, talking's always good.
I'm good at that. Yeah. No. It's important. Thank you. Thank you very much.
What, what is the process for involving your team, family or advisors in your draft decision making?
How do you make sure that decisions are collectively understood and executable?
Well, I mean, it's just it's just sort of business as usual whether you're in a job or not.
You know, we have our weekly meeting and then we have our strategy, which we're meant to do every quarter.
But that's still a work in process. But it's better than nothing. And I've just engaged someone to give me a hand with some reports
which some other things which, you know, I've sort of will be, a one off pick.
Get us, a leg up, to sort of started benchmarking, but.
Yeah, it's it's, yeah, it's a, it's, it's a good thing to do, but you know.
Yeah, there's only so many things you can get done. There's sure, sure. For sure.
Knowing when to outsource is really important for sure. Yeah. Yeah. I think that that that poses a really good point, Jen.
God forbid when you think about going into another drought in the future, what would you change
and how in how you manage your own wellbeing to avoid burnout or fatigue? I'm sorry,
it kind of sounds the same as something you've answered before, but yeah. Yeah, well, I mean, I think having been through a few droughts
now, you do get more confident with the decision making process.
And you learn that, you know, there are things, beyond your control and whether you stress or not
or whether you have a meltdown or not, it doesn't really change anything. So it's best to save your energy.
And, you know, I think letting go of that, this is for the females, the mother taught
guilt healing where you suppose you can't be everywhere and do everything and be everything for everyone at all at once?
So learning to prioritize better and sort of knowing what's important, you know, sometimes it.
Yeah, yeah, the, the whole family gets shafted. But then, yeah, that's, you know,
there's the, the, the important ones. Yeah. For sure. Jen. Thank you.
Thank you very much for for your answers and your, Yeah. Your participation.
Once again, everybody, if you could please hold off your questions and pop them in the Q&A for Jen,
and we will answer, at the rounding out of the webinar. Thank you again, Jen.
Now welcome John Stephenson. Last lucky last.
So John, give us a bit more information about you. John has a very extensive background in cropping in
both the north and the southern parts of New South Wales. So, John, can you tell us a bit more about your your career?
I suppose in working at Warakirri and provide an overview of your drought
management strategies that I'm sure have served you for many years.
Thanks, Kate. And, thanks Dave and Jen. Yeah. So John Stephenson.
Yeah, I've been with, Warakirri cropping since, business was set up in, in, early 1997.
Yes. As Kate said in the introduction of I've done a bit of time around a, up at Dalby, for a couple of years and,
then 20 years living next door to David, at Lochart and, and last four years, I've been the regional manager for the Southern region.
So the Warakirri, cropping business, is around 150,000 arable hectares.
We have a major presence in WA, a southern region, which I look after.
And, and then the northern region. So we also have country abundant below, Croppa Creek and all we that's our northern, northern farms and, and
yeah, we really are an investor first business, which we have to be if we're not investor, investor first, our investor will take the money elsewhere.
It doesn't matter whether it's a drought or a good year, we still expect it to provide returns. Yeah. Yeah.
100% increase. Is the Australian rest super business, which is the Retail Employees Super Trust.
Yeah, they've been with us, since the beginning. And we have the only agricultural investment that they have as a business.
Yeah, we are a bit of a, yeah, a bit of a highlight for them because, we're probably
one of the only sustainable, businesses that they have that have a focus on, you know, something that they can actually see, feel and touch.
And we are the only business that employs people. The rest superfine, which is pretty amazing for a business.
That's right. Super fund is over $1.2 billion. So it's a it's a big deal.
Yeah. So it's I've been through quite a few droughts with the business. Yeah. The early 2000 and the late 20 tens,
had some fairly big shocks through there. Probably learned enough to make it up the next time one comes along,
like everybody does in farming. I didn't put any money on any horses today in the cup, because I think we do
enough gambling every day, but, Yeah, it's, Yeah, a lot. Lots of things we've learned.
But some really important things, for our business, the main ones been in graphic diversity.
So we've, we've invested in farms that don't have a link, when, when we have a climate disaster in one region.
That we have a, so sort of uncorrelated regions. So if you look at the southern region compared to the Esperance zone
in, in western Australia, very, correlated, like it's very unusual for there to be a drought in those two regions same time.
We used to be an East Coast only business and a few El Nino is really beat us badly.
As a as a farming business, I cost us a lot of money because we all had a drought in the same year.
That's not something that everyone can do. But even within your own region, even on a micro-scale, geographic,
geographic diversity can provide a lot of upside and a lot of resilience, because storm rains will come through different patches at different times.
It might be easy to manage one big block in one place, but often in a in a time of drought, the whole place is in drought,
whereas you've got that bit of a spread, often you'll get some rain on one part of the farm that you'll miss on others.
So it's a bit swings and roundabouts? Yeah. Crop diversity has been a big focus of AZ for a long time.
You know, I've seen a lot of, corporate enterprises chase dollars, chase profits.
As far as chasing tubular crops, it might be just white can all the way canola.
And, it doesn't take many years for that system to fall over. Not only from a weight management point of view, but cost of production.
And when you stop driving, high cost of production, your resilience in a drought drops even further.
So we want to be building background nitrogen through pulse in our rotation.
Yeah. We want to try and maintain ground cover. Grant covers massively important for for drought resilience.
And then we as everybody's got we've got a cost control challenge, but nothing's getting cheaper.
Yeah. And that hurts a lot more in a poor production year because, you,
prices have risen much, but crop inputs certainly have.
Thank you. John. I, I love the hedging your bets and making a plan to change a plan
that is studies, farming and agriculture. John, how do you use financial analysis
to inform decision making both before and during droughts?
What are the key financial measures that producers should understand before making decisions around
whether or not to plant or, you know, whatever the decision may be. But obviously this is in relation to cropping.
Yeah. So so, we're probably very lucky as a business to have such intimate understanding of, a return on investment or return on asset managed,
because it is how we're assessed by the investor. I wish every farmer, had the,
the capacity and the insights that that we have in our business because from way back what we start doing
it budgets for the next. Yeah. Well, we've already got our budgets set now for next year.
A lot of our budgets revolve around, Yeah. Like, we we've pre-sold grain.
Yeah. Up to 18 months to a year in advance. We understand where crop margins, going to be.
And our return on investment from, from every paddock, and every crop thought so we make a lot of decisions around where we go based on that,
while trying to keep a pretty resilient rotation. We we don't chase rainbows much, but we do have
a very strong understanding of which of the right crop tops, in each region that it can give us the returns we need.
And, you know, there are ten, ten weather day cycles every year. We are going to get it this all once somewhere every year.
We got to get a this ten somewhere every year. Yeah. It's all around.
Just, just making sure we're understanding from the start. What triggers we need to pull at what times of the year
to, to minimize loss if we're heading that direction. Yeah.
Thank you. John. What are the top three actions that have been taken
that have created drought resilience in your time with the company?
Yeah. Like I already said, the geographic geographic diversity is. Yeah. You want we've sold quite a few farms and and invested elsewhere.
But that's, that's a pretty big thing. Like, that's, that's something that not everybody would have an appetite for.
But it certainly has assisted us. I hate so Lily Mueller action has been a huge one for us.
In, in building resilience. So addressing, sort constraints that help us increase the size of this whole water bucket.
So we've had a pretty extensive, gypsum program on a lot of our Sodiq or heavier, heavier paddocks, and blocks, and certainly done a lot with liming,
because if we can, if we can increase, soil root side and the depth of root zone,
we're obviously increasing the capacity to source water from deeper in the soil profile and to store more water deeper.
So that's been a huge focus and has provided some amazing returns, like where we've, been doing, deep ripping in the mallee.
We've essentially pushed our lentil yields, up by one night to come to the, the which in a crop that sometimes with $900 a tonne is huge.
So that's that's been a big, yeah, a big strategy of ours to help with that resilience.
And then also, you know, getting the capacity to procure inputs when they well priced as well.
So building chemical storage and fertilizer storage so that that we can actually capture benefit when we see it.
And yeah, it's all it's all work through on a financial analysis, the cost of carrying everything else.
But you know, we've had years, we've had good years where we haven't been able to get enough fertilizer and certainly been very, very expensive.
So yeah, they've they've burned it badly because you whilst we've got to manage for droughts, but it's also going to make sure we capture upside in good years
because there's no point just averaging in the good year. Yeah. Because you haven't fed the crop well enough.
So you've got to, you've got to take the highs with my camp as well as manage the lows when you've got them in front of you.
Yeah, John, very, very good points and advice there, John, for, for the listeners.
Now and in the future, I suppose top tips around management and catch ups.
Like, I know there are a lot of fund managers within the company. How often are they meeting up to make budgeting and, and farming decisions?
Is it is it weekly? You know what what sort of your your top tip on on advice for for farmers around that.
Yeah. We've got 11 farm managers and we've got 110, full time staff on farm and probably 30, in support.
We, we generally try and get a farm managers together face to face, twice a year, we'll get the whole business together.
Probably a by annual basis. And in the regions we try and get together twice a year with the
all the farm teams, together twice a year. We make our teams, monthly as as managers.
And, and I meet with my farm managers weekly, either in person or on teams as well, just to keep a check on, on production, scenarios
where we're going marketing scenarios and make sure it's, it's a big business.
You know, we we're producing close to half a million tonnes of grinding year. And when things start going the wrong direction,
yeah, it can make a very big difference. So we're just going to keep our finger on the pulse, but also support, managers
in the decisions that they've been forced to make because of what the environment's, putting in front of them.
Yeah, yeah. Thank you. Thank you. John, my next question.
How have I. So when I say the company, you, John,
manage mental health in the teams at or carry over time. And how has this changed.
Some people might have the opinion that a corporate run farm doesn't have the added stress that a family.
One does, but I probably would beg to differ, given all the the number crunching pressures that that you have.
So yeah, I was just wondering if you could shed some light on how you how you manage that with your farm managers
and the decisions that they have to make? Yeah, it certainly can be a pressure cooker for our farm teams
because there's a lot of people looking at their performance, a lot of people expecting things from them.
And sometimes it's out of their control, whatever's happening and, you know, I can't say we've always been perfect as a business at managing mental health.
But we did have a bit of a strategic review back in 2016.
And, we really did focus on looking after people is our number one priority. We always had, an enterprise assist,
employers employee assistance program, and I pay in the background available to all our staff and families,
which was a 24/7 assistance line that could call for personal financial, mental health, wellbeing.
Yeah, lots and lots of, even exercise based programs, things like that. It was very impersonal and, and our first strategic review in 2018,
we made the decision to, report to a point in, in, I think in six regions, we've actually put on a, a full time,
rural psychologist who actually comes around farms 2 to 3 times a year, spend some time with farm teams, and they just
they just have that personal relationship and they can farm things whenever they need to be.
It's a really important, place to keep people. Well, we have lost a few people who didn't reach out,
who really did get caught, in the system. And it's pretty sad, the very capable people that just didn't
didn't know when to ask for help, a way to get it. So we've, Yeah, we've certainly, invested heavily in trying to try to look after
people and that's, dovetailed in very well with the new psychosocial risk laws that that are presented to employers now.
And that's a really important piece, for people to understand, but that we are responsible for, for people's wellbeing on farm
and to make sure that you're in a respectful and a fair workplace and, that, you know, when, when the pressure is
on, we've got somewhere for them to, to reach out to get some help.
Thank you. John, I will now go on to some more personal based questions.
Based on your experience, what advice would you give to other producers about balancing the practical demands of managing a farm
through drought, whilst looking after your own mental wellbeing? I think I think that understanding for me
was that you actually can't manage what you can't control. But it took me a while. All this.
Yeah. When I was, I started managing farms when I was 27, I was bulletproof,
and that was going to fix every problem that we came across. But when the environment doesn't give you moisture,
there's not much you can do about it. And and one of the challenges that we do face in the southern region
is that by the end of June, 80% of our, annual costs are already gone. They're already in the ground.
It's it's very hard pressed to to get that cost control sorted. After June and you don't really know you're
in a drought where with a dominant rainfall region, you're not really know you're in a drought until you start getting into August.
So, you know, yeah, you've got to, yeah. Got to give people the space to say, hey, you know, you've done your best.
You've set things up for success. We haven't done it, but, you know, it's out of your control now.
So, so understanding that things are out of your control is very important.
Thank you. Thank you John. Really, really good points.
What's one lesson the drought has taught you that you now apply in every day for management,
even when it's a good season? Yeah. Okay. Go on with, what I've Jan already said like, cavalry's king.
Like, if we can, if we can keep, resilient ground cover and system.
Yeah, it buffers a lot of, environmental variables, but. But heat or rain or to aim too much. Right?
It can. It can give you a really good. Yeah. A really good bit of protection.
Yeah. The soil is precious. We all know it's precious. Yeah.
Keep on top of Wade's. Keep your ground cover sorted. And, and a lot of, things that look after themselves.
Thank you. John, we have time for one more question. This is another one that sort of made the rounds
in, in in other ways and shapes and forms, but maintaining focusing on long term goals
both, you know, obviously farming and financial how do you keep that momentum in the thick of survival mode within yourself and,
and the the fund managers that you are championing?
Yeah. I guess it's it's the long term focus of farming. Yes. But we we've been around for 30 years.
Next year we want to be around for another 30 years. It's, it's the understanding
that, you know, a lot of things you've invested this year, they may not come to fruition,
but they're actually going to add value to you next to you as well. And you think of the nitrogen banking story and nutrition banking, you know,
you haven't wasted money. You know, you might have some savings next to you based on what you've done this year.
So don't beat yourself up about it. Yep. Very good advice, John.
Thank you. Thank you. And thank you to all the panelists for sharing your insights with us
tonight on the webinar. It's it's my one of my biggest sayings is that you can't sell a secret and peer
to peer learning is, is is the best way to to keep lifting that that bottom line and and improving your FA management,
whether that be you know, it doesn't have to just be for drought. It it can be for everything.
So thank you all again. We now have a few minutes for some questions. So if you haven't already, please place your questions in the Q&A function.
Thank you for changing this slide and we will get into the Q&A function.
Just give me one moment, David. This one is for you. Being a mix farmer with a variety of crops, do you also run any stock
to utilize the stubble that you retain as a food source over some of
okay. Yeah. And I simply know we don't, grant covers really important for us. So, no, we don't run any other other livestock.
On on our cropping paddocks. That's fine. Thank you. David Chen, this question is next question is for you.
You mentioned, update and upgrade with your infrastructure and machinery
to increase production and efficiency, but where where do you place
the importance of stock and domestic water supply during dry times to achieve this?
Yeah. Look, you know, if you don't have water, that's that's the, big thing with livestock, but,
we yeah, it goes back to your wish list and, biggest bang for your buck.
If we've, we've certainly put in more domestic water supply. We did some that just two years ago, but we also,
where we set it up so the spray we can can get access
to that watering point for, to sell it for spraying as well.
But yeah, I mean, I heard in the South that was actually probably the biggest thing for people running out of water.
We're very, very fortunate. Fortunate up on the Moree district, having being on an artesian basin.
We don't face those challenges, and that's certainly a massive one. So it may be a very, very big priority for your operation.
So depend depends depends on your operation really and the value, you know your livestock versus you you cropping enterprise.
What's making money. You know this at the moment you're looking at the cropping enterprise.
With the decrease in grain prices, that, you know, and then bread, mate,
value the dollars per kilo for Red Knight. Certainly.
Changing their dynamics there. So being a mix farm, whether you put a little bit more weight behind it, red meat, enterprises and black coffee cropping,
there is talk around that, but, certainly everything's cyclical.
So, yeah, if that answers the question, hopefully.
Thanks, Jen. I think that is sufficient for sure. Thank you. Hi, John. We have a question for you.
Given the importance of soil amelioration on your properties, what sources of information or advice would you recommend to cropping producers
looking to overcome soil constraints in their own cropping enterprise?
Right? Question. Look, we're very strong on, on, our independent agronomy teams that that support us,
the big drivers of vessel amelioration programs throughout the, throughout the whole business, but is certainly yeah.
As Jen said earlier, like attending field days and stuff has been a massive source of, inspiration and encouragement in, in what we do on earth.
So let me or action. Yeah. Getting out about traveling to different regions like we've learned
a lot from the peninsula that we now do in the Victorian Mallee. We've learned a lot, from the Victorian mallee
that we now do in Meriden in Western Australia. So it's it's making sure you keep your eyes and ears open to opportunities,
and, and problems that are being overcome in areas that may be similar to yours or might be different to yours, but
the solution may work for your soils as well. But yeah, there's certainly, certainly some very clear chemical constraints
that we can identify easily through soil testing. But it's just knowing knowing where to look and, and knowing what to look for.
Thank you. That that is, that is very good a good answer and very good point.
John, I have another question for you. This is from Martin. John, I love the way that you prioritize groundcover to conserve soil moisture.
You mentioned that you used your take, lamb trading to utilize the value of summer stables.
Could you please explain further what drought relevant value to get from these?
Look at our lamb trading is probably more focused on, grazing animals. So we, we run, grazing mixes, rather than, rather than Longfellow.
And, yeah. So, so most of our livestock is, is based off on that grazing,
which, mixes the, Yeah, we do utilize them.
Thrace stables. And we're lucky that, Riverina Farm's a 100% chaff deck.
On their head is which provide really good, nutrition trials for, for sheep.
So that actually tend to overgrazed stubble. I tend to just stay on the wheel tracks and the like the, the chaff that lawns.
That's been a massive win and and a real, boost for, mass management as well, because any grain that does get lost over
later is in those, in those chaff that trials. And the sheep just vacuum it up.
So we have been getting some pretty good growth rates in the stables, but we're really only losing that to accumulate numbers
to go on to grazing minerals once I, once I get some feed in March.
Amazing. Thank you, thank you. And thank you again. To all our panelists.
That concludes our Q&A session. You say the feedback, form up on the screen.
It is very crucial for us to, maintain momentum, in,
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there is a link in the chat that takes you to the feedback form also. So we really appreciate you feeling this out.
As I said again it helps us plan new events and helps us deliver content that you would like to see in the future.
I would also like to remind everyone, next week's webinar in this series
will be running on Tuesday night, the 11th of November at 7 p.m..
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If you would like to scan that. Also, once you're done and, you can sign up for next week's webinar.
But thank you all again for joining us tonight. And thank you for our New South Wales panelists.
It's it's been, really great to hear all all of your tips and tricks and lessons learned, and it's greatly appreciated.
Thank you.