Page 17 - 2024-SJ-Beef-Week
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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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