A Grain Of Knowledge
Andy Millar • August 1, 2012
A recent session at the GRDC advisers update raised some interesting views. I was suggested that most farmers spend more time looking how to sell their crop than focussing on when to sell.
Suggested steps to developing a marketing plan include
- Calculate the gross margin of the crop i.e. your breakeven price, which becomes your initial target
- Create a cash flow budget the will tell you when receipts from sales are required
- Determine when to sell in relation to the production cycle, pre planting, post planting, pre harvest, at harvest, post harvest
- Determine how much to be sold /priced at these periods
- Determine how to sell/price any sales before harvest ; swaps, options or forward physical sales
- Determine what price to be targeted
- Determine how much will be carried over to the next crop and how long this will be held for
It was also suggested that farmers should consider forward selling 2014 now as well.

A $550 fortnightly Coronavirus supplement, to commence from 27 April for an initial six month period, will be paid to eligible recipients.
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In line with the second economic response package, the federal government is supporting small business to retain their apprentices and trainees. Wages subsidies will be paid to eligible employers equal to 50% of their apprentices/trainees wages from 1 January 2020 to 30 September 2020. Employers who are eligible will be reimbursed up to a maximum of $21,000 per apprentice/trainee.
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The subsidy will be available to small businesses employing fewer than 20 full-time employees who retain an apprentice or trainee as at 1 March 2020.
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Employers will be able to access the subsidy after an eligibility assessment is undertaken by an Australian Apprenticeship Support Network (AASN) provider. Employers will be able to access the subsidy after an eligibility assessment is undertaken by an Australian