Farm Tender Daily

Daily 375 - The not enough income solution

Farm Tender Daily - All the news from Friday, the 8th of December, 2023.

By Dwain Duxson - Click here to go to the Farmer Tender website.

The not enough income solution - Things aren't as easy in Ag as they were, say, 2 years ago. We all know that. So when income is reduced and expenses creep up, we have to find other income sources to keep in the black.

So that means we have to think a little creatively, as you can't really change or add enterprises because that takes time. You have to assess what you have or what you are good at and work with that.

Join The Farmers Club. - We are getting a great response. 

I've been saying for a while that the Machinery and Equipment you have on the Farm can become another income stream. By doing a yearly assessment of what's needed and moving on to what's not can raise some much-needed funds. Consistently doing this will streamline the show.

Many are loathed to part with stuff because "they might need it one day" and get that. But a few bob earnt here might help out over there. I think hanging onto unused Machinery is a problem, and it may just help the not enough income solution. Could you walk the Farm and find 2 or 3 things you could potentially cash in? Reply to [email protected]

The local noticeboard - These SA Mallee Farmers are fighting off a proposed Chinese-owned mine. Join their Facebook page here.

National Cattle prices: EYCI 570 (+7), WYCI 443 (NC), Feeder Steer 305 (+13), Heavy Steer 262 (+25), Processor Cow 217 (+14). National Sheep prices: Trade Lamb 594 (+69), Heavy Lamb 630 (+90), Restocker Lamb 431 (+26), Mutton 210 (+5). Goat prices: 180 (-20). All prices are up until Friday, the 8st of December, and are cents/kg. Ranges are from a week ago. Source MLA.

Today’s trends - Lively bidding at Wagga Wagga —— Today’s sales trends included Mother Bins, Augers, Barley, Grain Baggers, Spreaders, Urea, Lupins, Rotary Harrows, Clover and Rye Hay and a small Sprayer.

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

What was listed today
What was sold today