Frosts can savage crops, with the bill running into millions of dollars. The Grains Research Development Corporation estimates frost costs the grains sector a whopping $360M to $400M annually, particularly when it happens during grain fill. The most frost-susceptible cereal crops are durum, triticale, wheat, barley, cereal rye and oats, but it can depend on whether they’re flowering. […]
Multi-peril crop insurance is an on-farm risk management tool that prompts much discussion among governments and industry groups. With the recent spate of natural disasters, you might be opting to self-insure or rely on concession loans or grants from governments. This can be a hit or miss strategy due to the increasing frequency and severity […]
When it comes to farming there’s probably not a lot you don’t already know. However, when we live and breathe our work, it’s likely that we don’t always take a moment to review how we’re working. After all, who has the time? Which is exactly why we’ve put together this short, easy-to-use guide so you […]
The pandemic-induced skills shortage has seen contract harvesters in demand and now insurance premiums are reaping a huge rise. For example, some harvesters faced a hefty $54,000 bill to comprehensively insure their new headers at the start of the season, according to ABC News Online. Elsewhere, insurers have cancelled their harvesters’ policies to avoid paying the excess premiums. […]
The volatility in commodity prices and a highly variable climate means risks abound for Australian farmers. According to the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES), these factors and others mean Australian farmers experience more variation in farm output than most other countries. This variation is also higher than business owners in other Australian […]
