This farm tool helps fix production costs

Mallala farmer Jim Franks with the computer version and hard copy of the ABA “cost of production” tool.
Posted by Lisa Redpath in InFARMation on 29 Jul 2010 at 01:24 am

Help is on hand for grain growers to maximise their marketing and financial returns this season.
A “cost of production tool” – free for agricultural bureau members – was launched in June by the Advisory Board of Agriculture (ABA) to help guide growers’ marketing decisions in as little time as 10 minutes.
The free and simple-to-use tool, funded by the ABA and the State Drought Support Fund, can be used electronically on a home computer or paper-based using an easy-to-follow worksheet.
Mallala farmer Jim Franks used the tool on the computer and found it was very user-friendly with great results.
“For someone who doesn’t use computers much, it was very simple to use,” Mr Franks said.
He explained it was a terrific guide for what price you needed to get for your grain when it came to marketing.
“I found it most interesting and an invaluable tool,” he said.
Neville Ferme, chairman of the ABA – the governing body of the Agricultural Bureau of SA– said the tool was aimed at empowering farmers to establish a firm foundation for their marketing decisions.
“The electronic spreadsheet enables farmers to enter cost of production figures and calculate automatically their target net farm gate price,” Mr Ferme said.
“It can be used for simple calculations using the clipboard worksh...
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