Although the 2016 harvest broke yield records, prices were not as desirable.
The coarse grain stocks globally are full, on a positive note it is rumoured that the Chinese stocks have been spoiled due to the wetter than expected conditions. Therefore, they will be looking to reenter the market in coming months to sure up their human consumption supplies again.
Sow… Here’s a summary on where the prices are predicted to go:
Low-Price Year Strategies:
Sales Timing Management:
Know what you’re target price is:
At Mulcahy and Co Agri Solutions we can help you to create or review your budgets. We enable you to use user-friendly programs specifically designed for agricultural purposes. Please do not hesitate to contact us at Mulcahy and Co Ballarat – we’d be more than happy to help!
What’s the difference between a grain marketer and seller?
Think they’re the same thing? You’re wrong. Read on.
With limited ability to influence the market and differentiate when trying to market a bulk commodity we must look to other strategies to increase farm business profitability.
(Production x Prices)- Expenses= Profit;
as the producers, there are three opportunities to review profitability, production, cost and price.
Mulcahy and Co Agri Solutions know profitability
Sow.. If majority of us are sellers, what do we need to know to do it well:
1. Know how much you have to sell
2. Know your cost of grain production.
3. Know the market
4. Know the opportunities you have to sell grain
5. Know the risk
Mulcahy and Co farm accountants are experienced in how to use these techniques in combination, which can help your business to become a leader instead of a follower, thus providing good financial returns.
Mulcahy and Co Agri Solutions understand the key to profitability. Partnerships with Xero and Figured cloud based technology, allow you to make well-informed decisions that will be of financial benefit to your business.