To discuss the criteria for financial viability after drought.
Key messages
Since the year 2000 farm debt has doubled but so have land values hence current debt has adequate security.
Farming systems which increase income through intensive cropping and higher inputs also increase costs of farm input and machinery. Higher costs will increase the loss in droughts. Target low cost options in 2007 to reduce the level of new debt and the risk of losses in 2007/08
In 2007 it will be OK to leave 25 to 40% of area to livestock or fallow. Focus crop selection towards the low cost paddocks.
Trial source data and summary not available Check the trial
report PDF for trial results.
Climate
Derived climate information
No observed climate data available for this trial. Derived climate data is
determined from trial site location and national weather sources.
Bendigo VIC
SILO weather estimates sourced from https://www.longpaddock.qld.gov.au/silo/
Jeffrey, S.J., Carter, J.O., Moodie, K.B. and Beswick, A.R. (2001). Using spatial interpolation to
construct a comprehensive archive of Australian climate data , Environmental Modelling and Software, Vol
16/4, pp 309-330. DOI: 10.1016/S1364-8152(01)00008-1.
