The trust can access government adverse event funding and connect rural people with support from government agencies, helping individuals and rural communities get back on their feet.
Last year's fundraiser saw Young Farmers collaborate with Norsewear to produce a range of socks with a black dog motif which raised about $600 for the trust.
Holmes said the business community had been extremely generous in donating auction items.
"We have been given heaps of everything, not just things for farmers.
"We hope that after the auction has finished people will stay for a drink and a yarn and have a bit of time off the farm."
The fundraiser will begin at 7pm.