2021 was a record-breaking year for Australian farmers. Despite the changes within the market and the new set of challenges brought on by the COVID-19 pandemic, Australian farmers excelled in their fields. However, with the continuous economic and political changes that significantly impact the global scale, it can be difficult to navigate and make concrete decisions for the growth of your farm business. With high fluctuations within the market, one wrong decision can result in major losses, which can have a domino effect on your upcoming year's production.

In today's episode, David will be joined by Rob Grima, a farm business consultant with Planfarm with 20 years of experience within the industry. Together with David, Rob will discuss what factors should be accounted for and anticipated for in the 2022/2023 farming seasons, strategies to invest your profit and the importance of keeping strong financial disciplines in both 'good' and 'bad' years.

Disclaimer

The information provided in this podcast is general in nature and does not in any way constitute financial, investment, accounting, tax, or legal advice. You should always consult with relevantly qualified and licensed professionals for advice tailored to your specific situation and requirements. The opinions expressed are our own and do not reflect those of our sponsors or any third parties.