Welcome to Your Farm Business Podcast, bringing you the best in farm business thinking. We aim to bring experts to the farmer, to help manage today’s farm business risks. Mike Krause, CEO and Founder of P2PAgri, helps farmers to run more profitable businesses by providing analytics and scenario analysis from their own data, to guide their business decisions.
Interest Rates and your farm business
Darryl Gobbet is currently a Visiting Fellow at the SA Centre for Economic Studies at the University of Adelaide. Darryl is an eminent economist and has had many roles in his successful business career. Darryl and Mike’s path first crossed in the late 1980’s at The State Bank, the predecessor the BankSA. Notably in those times interest rates reached the giddy heights of 22%.
Darryl shares his thoughts on current interest rates and where he thinks they are heading, and the impact of this on the farm business and rural land values.
5 Challenges Facing Farm Businesses Today
Tony Hudson is the Founder and Director of Hudson Facilitation. He shares his insights with Mike Krause of P2PAgri on what he sees to be the five significant challenges facing farm businesses today.
These are challenging times for rural businesses, with increasing risks from climate variation, fluctuating commodity prices, access to export markets and increasing land prices.
Tony brings a wealth of experience to his consulting in farm business management: from lecturing at Marcus Oldham College, and working in rural banking at NAB (National Australia Bank), to many years training and consulting to farm businesses. Improving farm business performance, getting better deals from your bank with lower interest rates, and better succession planning are just some of the areas he helps farm businesses with across Australia.