Jeff McDermott’s Post

Auction vs. contract: Navigating choices in farming 🚜 🌾 For farmers today, choosing between auction sales and direct contracts is a big decision. Auctions are quick, but contracts can give you steady income and peace of mind. In changing markets, it's imperative to consider adapting and thinking about other ways to meet your farm's goals. The way you decide to sell can really affect how sustainable and profitable your farm is. Want to know more about how these strategies can be tailored to your farming operation? Book a time to talk to us: https://bit.ly/4cCG9R8 #WheelerCampbell #Feilding #Accountant #Accounting #BusinessAdvisory #Advisor

What Includes in Mall Fund Farming Programs; 1. FARM DIGITAL: With UGx 1M - 100M you get a Land lease (for 3,6 or 12months depending on your choice) I Farm Inputs I Farm Manager I Security I Insurance I Ready Market. 2. FARM BUSINESS You get Free Technical Support I Market Linkage I Financing 3. FARM SERVICE You get Farm: Consultancy I Management I Systems

As a farm investor, you may need to reconsider your approach if you fail to meet the expected price for your produce. It’s important to think outside the box and find alternative ways to generate income. In this scenario, a farmer grows cabbage but faces low prices. I suggested he explore value addition by drying the cabbage, and as a result, he was able to earn the expected dollars. There are always ups and downs in farming. Don't give up; instead, find a way to navigate through the challenges. Yes, you can succeed! #ValueAddition #DontLoseHope #YesFarmersWeCan

Traditionally farmland has either been owned by farmers or folks that farmed in their younger years who rent it to farmers. Increasingly that’s changing to investors & urban land owners who have never farmed and have no family legacy of farming. To them it’s “just an investment” which to me is problematic, Ag is headed for a few rough years and some of these investors expect returns on those invested $$. That might be tough for some farm operators, they may need some relief on rent that will lead to some difficult conversations with land owners. The next decade is going to see a lot of land transfer to new owners which could shift the market and affect land prices. Even for us, land we’ve farmed (rented) for years is set to change hands in the next few years leading to operational uncertainty & risk for us. We’re not alone, lots of farms are facing the same issue and it will have an impact on their future plans. For us. If I can’t grow enough forage due to land loss I have no choice but to either reduce our herd size or find another source.

Managing finances in fish farming is like keeping a pond balanced, every coin spent, whether on feed or infrastructure, ripples through the business. Sales, on the other hand, are your net—strategically cast into the market to capture customers hungry for quality fish. Success comes when your pond of investments grows schools of profit. #eatmorefish#fearofGod

Happy National Farmers' Day! 🌱 When I left #UPSC and started farming, I faced both successes and failures. While my team worked hard, we struggled with nature's challenges and fluctuating market prices, which led to financial losses. The next few months were spent working hard to recover those losses. #Farming can be rewarding, but it's important to approach it with patience. Many young people want to enter farming, but it's not always easy. There are no businesses in rural areas that can earn as much as farming, but it requires time and effort. Those who see farming beyond just success or failure are the ones who truly succeed. Let’s take farming to the next level and build strong brands. #NationalFarmersDay #Farming #AgriBusiness #Patience #Entrepreneurship

Few points to ponder Farming has always been risky and yet we’ve always managed to pay our notes. For 5 years now banks who were happy enough to take our money for years stopped lending operating notes, cattle notes, equipment notes or prior to the insane interest rates they were not willing to refinance. Okay We found a way to continue Predatory lending followed by insane interest rates on the heels of the failure of the consolidated industries during a crisis capped off by being told farming is not profitable. All of this is swirling through my brain after listening to a number of interviews based on those large consolidated corporations defending the fact they are losing money lately due to the state of the world economy. So they go on to say “we must have more funding “ since our (insert) work is so important! Hmmmm By the way this is an example of 100% pasture raised beef. This is part of dinner today! Another brief topic I so enjoy social media for opening up conversation with folks literally from around the world! Next best thing to hanging out on the porch!

Farmland ownership and the shifts in who is buying, whether it’s families, heirs, or investors, are undeniably a hot topic right now. While 70% of the land we handle still goes to farmers, investor activity, especially for larger parcels, is steadily growing. Read more about where farming is headed at the link: https://lnkd.in/gZ49aGqH

On the Bass Strait island where I have a shack-at-the-end-of-a-track, there seems to be an epidemic of clearing. Once there was a moratorium of clearing here on the island but that only lasted a few years and that was maybe 10 years ago. Now I see piles of timber, raw stumps and mountainous fires burning. Look it could be an illusion, a reflection of happenstance of where the clearing is happening on the island coinciding with me being at the spot at the time but it seems there is clearing by the hydro, clearing for fences and clearing for more pastures. The hills look like those in the Teletubbies, smooth, rounded and empty except for stock. I suspect though the land is being worked harder, the paddocks are bigger and a generation of farmers who value trees are being replaced by farmers with big mortgages to the bank. (There is a Les Murray poem about a banker being turfed out of his bank as it is repossessed. If I can find it later, I will add it in the comments.) Farming is often much more of a business these days, a tough business but a business nonetheless. A farmer friend says the worst enemy of the environment is GPS farming, which means big machines which means big paddocks for efficiencies. And not much shelter for the stock. Technology is a friend and an enemy of the environment. Sybil Nolan

Take your farming business to the next level! Are you a cooperative farmer looking to increase your yields and profitability? Do you dream of having a reliable and efficient tractor to help you achieve your goals? We've got you covered. Our tractor financing options are specifically designed to support cooperative farmers like you. With flexible payment plans, you can focus on what matters most - growing your business and feeding your community. Imagine having the power to: Increase your yields and profits Reduce labor costs and improve efficiency Expand your farm and create more jobs Improve your livelihood and contribute to your community's growth Our tractor financing options make it all possible! And the best part? You can get started right away. All you need to do is slide into our DMs to learn more and apply. Don't miss out on this opportunity to take your farming business to the next level #Ufarm #FarmingMadeEasy #TractorForFarmers #CooperativeFarming #Agricultural