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Stock Journal Beef Week | 2024




















           Market volatility will always be part of the cattle game, so focusing on
           proven profit drivers is crucial. File picture
           Stick to proven profit drivers

           as market volatility sets in


           By SHAN GOODWIN           The Agriwebb event
                                    looked extensively at
              HE cyclic nature of   producer confidence in
              the cattle market     relation to the big drop in
           Tis never going to       cattle prices seen in the
           change so focus on what  past 12 months.
           drives profit.            Mr Morton made the
             That’s the word        point that confidence
           from livestock farm      both appears and
           consultants, as producers  disappears quickly.
           start to ask how they set  The long-term outlook
           themselves up not only   for the cattle game was
           for making it through    positive, he said.
           a dryer period but to     The idea that many
           be ready to capitalise   were holding off, and
           quickly when things turn.  letting opportunity go to
             Matching stock to      waste, due to pending dry
           carrying capacity,       conditions was raised in
           improving reproduction,  the webinar.
           and managing costs        “The only way to
           per kilogram of beef
           produced - these are the  embrace the type
           key elements that drive  of volatility we are                BULL SALE
           beef businesses and      experiencing now, and
           they remain the same     be ready to capitalise
           regardless of the peaks  on the opportunities        Sat February 10 @ 3:00 pm
           and troughs of the cattle  that will come, is to
           market, consultants say.  build intelligent systems             On property
             Speaking at a webinar  to respond to signals     917 Dashwood Gully Road, Meadows
           hosted by Agriwebb,      earlier than what we
           consultant Mark Morton,  have in the past,”                         and on
           AgriBusiness Concepts,   Mr Morton said.
           acknowledged there        “Knowing what you
           was stress and anxiety   can quit and what you
           about, consistent with   can accelerate is key        Livestock Brad Walker 0427 255 518
                                                                     TM
           increased debt levels,   to that.
           higher interest rates,    “Having livestock            Gordon Wood 0408 813 215
           and dropping commodity   on farm in a position        Andrew Wilson 0439 354 228
           markets.                 where they are ready
             He said understanding  to produce - they are          Outside rebates available,             VR4840517
           the present situation on-  fertile, quick to market -
           farm, in terms of cash,  that’s what we can                   conditions apply
           grass, and livestock, was  control.
           critical.                 “We have our livestock  Field Day Sunday February 4
             That was the first     in a position where they
           step to having a plan for  are ready to kick, and       newlynparkangus.com.au
           where you are going, and  that’s where agtech and
           knowing what it would    livestock intelligence    Gavin Newman 0417 821 251
           take to get there, he said.  comes into play.”
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