Farm Tender Daily

Farm Tender Daily - All the news from Thursday, the 27th of June, 2024.

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By Dwain Duxson

The Livestock Superfood - We haven't ever grown a lot of Corn or Maize in this country, but like, say, Rice, and after that, Cotton, it's becoming a real up-and-coming industry on its own. It won't be too long before they get their own representative body if they haven't got one already.

I heard Tim Leeming, the Southern Victorian Sheep Breeder, mention on a panel the other day they had a nutritionist at one of these dry start forums that have been having around the traps, and she mentioned that Corn was a great source of Sheep Feed with some reasons why.

Tim said that within a week or two, the local Grain buyer had sourced 6000 tonnes for local Sheep Producers to feed out. I would love to know more about what sort of benefits it can bring, say, above Lupins or Beans. I am told one thing is that they find and consume every last Grain even if it's had some rain in it.

And I've worked out why; I found this on Google - "Cattle, Horses, Sheep, Goats, and other grazing animals can see colour but lack the full spectrum of vision available to most humans because they have only two colour receptors. They do not see red. They are most attuned to yellowish-green"…. That's why…. Reply to [email protected]

Cashflow and the Hay Job Part 2 - By Kelsey Miller. As I mentioned last time, the hay market is a very interesting one. The nature of the market creates a big imbalance between availability of cash and the need for hay supplies.

For the hay supplier, as the season progresses and demand increases, so does the number of calls you make to collect on overdue invoices. This leads to those tough conversations along the lines of “sorry, we’ll need cash upfront for the next load”.

In my experience, what tends to happen as late payments start to mount is trading businesses become less aggressive at making sales. This occurs as traders become reluctant to provide more credit or they switch to cash terms on the next load. Whilst this is practical and can be the best way to manage risk, it opens the door for the customer to go elsewhere, potentially losing a sale and providing an opportunity to lose a long-term customer to a competitor.  

This is most hurtful when the customer is a good credit risk but low on cash reserves – a common affliction of many dairy or livestock businesses who have lumpy cash flow but a good asset base and future sources of revenue….Read the rest of the article here.

The Farmers Club headlines - Our 3 topics tomorrow are:
1) There’s a Trade partner country we should be watching closely. (Free)
2) We talk about a promising Ag company that didn’t make it. (Paid).
3) It’s a problem that we have to many generations removed from the Farm. (Paid).
The Farmers Club - Start influencing Sign up here for free.

Today's Trends - Sales trends included Sheep Ramps, Urea, Barley, Oaten Hay, Clover Hay, Vetch Hay, Sheep Feeders, Air Seeders, Sheep Handlers, Barley Straw, Ryegrass Hay, Beans, Trucks, and Seeder Tynes.

End of message

Dwain Duxson
P - 0427 011 900
E - [email protected] 

What was listed today.

What was sold today.