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Simple tool to pinpoint your cost of production

Wednesday 16 June 2010

Help is on hand for grain growers to maximise their marketing and financial returns this season.

A cost of production tool - free for agricultural bureau members - was launched yesterday by the Advisory Board of Agriculture (ABA) to help guide growers' marketing decisions in as little time as 10 minutes.

The free and simple-to-use tool, funded by the ABA and the State Drought Support Fund, can be used electronically on a home computer or paper-based using an easy-to-follow worksheet.

Neville Ferme, chairman of the ABA - the governing body of the Agricultural Bureau of SA - said the tool was aimed at empowering farmers to establish a firm foundation for their marketing decisions.

"The electronic spreadsheet enables farmers to enter their cost of production figures and calculate automatically their target net farm gate price," Mr Ferme said.

"It can be used for simple calculations using the clipboard worksheet, or uploaded on a home computer for multiple applications.

"It's an invaluable tool for grain marketing - quickly giving you a daily snapshot, if required, of your cost of production."

The rollout of the tool also includes a telephone helpdesk service to assist those using the tool.

"If you get stuck or just need someone to help you through the process all you have to do is call the helpdesk number," Mr Ferme said.

"We tried to make it as easy as possible, and trust me, if I can do it anyone can."

Agriculture, Food and Fisheries Minister Michael O'Brien said the grain marketing environment was a tricky business, with currency fluctuations and world markets constantly changing.

"Grain growing is an important part of South Australia's primary production and growers deserve to make a good return on their efforts and financial investment in their crop.

"If you know you need to achieve a certain price for your grain to remain sustainable, then you are in a more informed position to market your grain. And this tool helps you to do this."

ABA board members will be distributing the new tool to Ag Bureau branches shortly, you can also request copies by contacting the ABA on 8226 0351.

Agricultural Bureau of South Australia

C/- Rural Business Support
555 The Parade
Magill SA 5072


T: +61 8 8249 7581
F: +61 8 8364 2574

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