Farm Tender Daily

Daily 465 - Losing trust in an industry

Farm Tender Daily - All the news from Wednesday, the 17th of April, 2024.

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By Dwain Duxson

Losing trust in an industry - I was talking to a couple of mixed Farmers the other day who do Cropping and Merino Sheep. Both these Farmers told me they had lost trust in the Wool industry.

Now, what I mean by trust is they understand and except where it's at right now, but they don't trust that it will return to where it needs to be to sustain itself at a profitable level. If you are in an industry where you are seemingly having more downs than ups, then you are going to lose some form of enthusiasm over time.

These two Farmers haven't lost faith in Sheep, but they are talking about dropping Sheep numbers and upping the Cropping while they look at what alternatives there are in the Sheep game, and which direction they want to head. As mixed Farmers, they can do that quite easily. The problem comes when it's your sole enterprise, and you have lost faith.

There are plenty still loyal to the Wool game, and it will continue along, albeit under the microscope of many. We have written recently over in our Farmers Club newsletter about how there is a great deal of excitement coming from the Wagyu and Cotton industries. They are young industries with young participants who are fully invested and genuinely excited about their futures. I don't get that feeling with the Wool industry. Have you ever lost faith in an industry, and if so, what did you do about it? Reply to [email protected]

The Farmers Club headlines - Our 3 topics tomorrow are:
1) Batteries have been a revolution for tools. Can we take it further? (Free)
2) By trying to avoid tax are we missing out in other areas? (Paid).
3) Steve Jobs nailed it. Why do we get it wrong with marketing? (Paid).
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DelayPay article - Do we focus too much on trying to avoid tax? Kelsey Miller explains here.

Today's Trends - Sales trends included DAP, New Munro Post Drivers, Tractors, Cattle Feeders, Corn, Vetch Hay, Clover Hay, Harrows, Feed out Trailer, Utes, Wheat Seed and Press Wheels.

End of message

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

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