Latest News• Add My News • Search Old News Gippsland › Latest news › Department of Primary IndustriesNlis WorkshopTo explain the National Livestock Identification Scheme and its on farm benefit to cattle owners, the Department of Primary Industries is running a series of workshops across the state. The NLIS workshop will cover:
The workshop is conducted in an interactive, hands on manner, so come along and have a go at using the NLIS equipment and database. In Gippsland the workshops are being held on the Both workshops run from To register and for more information contact Kate McCue at DPI Warrnambool on 03 55619902. END OF YEAR STOCK TAKEEvery year on the 30 June the tax year finishes and another year of trading is over. Target 10, the Victorian Dairy Extension program, advises dairy farmers it’s a good time to do a stock take and list what you have on the farm and consider how that’s changed over the year. If the numbers of livestock and feed etc. (drystock) have changed markedly over the 12 months then this will make a difference to how profitable your business has been during 2003/04. If the two simple valuations below were carried out your stock on hand might be worth $22,000 more than a year ago*.
If this extra stock was sold the business would have an extra $22000 in the bank and the farms cash surplus would be $22000 better than it is now. The fact that this extra stock is not sold affects cash surplus but does not affect the farms’ profitability. These extra heifers, cows and feed are still a product of your years trading, should be in your management accounts (not tax accounts) and should contribute to your profit figures. Few people can remember what they had on stock a year ago and for many businesses the stock take is an important activity around the end of the year to help complete their management accounts and understand how they’ve travelled during the 12 months. (* The calculation above presumes stock values have not changed over the year and that grain is at $200/tonne, Rolls are $30 each, R1YO’s are $600, R2YO’s are$800 and Milkers $900.) NATIONAL STUDY OF FARMERS' MARKETSDPI Future Family Farms manager Max Coster has provided results of a survey of 80 managers of farmers' markets in Farmers' markets were defined as those markets where the growers sell their produce direct to consumers, with the main emphasis on food. Markets exist in metropolitan areas (11 %), suburbs (17 %), regional centres (26 %) and rural towns (46 %), with the heaviest concentration of markets in Most (77 %) of the markets are conducted on a Saturday, with the majority over a 4‑hour period. Almost 60 per cent of markets plan to conduct monthly or bi-monthly markets each year, with 16 per cent intending to conduct markets on a weekly or twice-weekly basis. As expected, the average number of customers attending markets is directly related to the overall population of the region in which they operate. The average attendance at the metropolitan markets was over 4,000, compared to 865 in rural areas, with suburban and regional centres averaging around 2,000 at each market. The customer profile indicates that a majority of those people attending the market are female and aged between 30 and 50 years. The rural markets generally attract 10 ‑ 20 farmers at each market, whilst the metropolitan markets frequently attracted in excess of 50 farmers. The metropolitan markets also tend to draw farmers from a wide geographic area, whereas regional and rural markets concentrate on giving priority to 'local' producers. Space doesn't permit printing the full results. To obtain these contact Max Coster at DPI Bendigo on 5430 4444.Source: http://gippsland.com/ Published by: news@gippsland.com
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