It is not easy to predict when exactly it will rain but planning provides the framework for what decisions need to be made. Assessing feed supplies and stock condition is key.
This ensures you are aware of how much you can feed in the dry.
Consider options for buying in feed and supplements to aid in reducing feed demand.
Taking action early can help alleviate snap decisions when it is too late, for example getting rid of cull cows or grazing elsewhere.
Using supplements wisely helps to keep stock healthy and in production, ensuring that stock have enough water when feeding supplements is also important. Talking to your support network can also be a great help as moral support and practical information can help farmers manage the decisions that need to be made.
Review your plan every seven to 10 days (rainfall, pasture cover, supplement, and production).
Check stock condition regularly and make decisions based on having the right information on hand. Make sure you have regular checks on the long-range weather forecast too.
Assessing what decisions are best for the next season are also very important, for instance the profitability of grazing and the impact it will have on next year.
How you maintain and/or improve stock condition is a big decision so that the next season's profitability is not affected.
During pressure periods it is more important than ever to look after the people on farm. It can help to talk to others and find out how they arecoping.
Look forward not backwards, set short and long-term goals and make sure you are socialising and taking care of yourself.
Farmers in Hawke's Bay are very good at working hard to prepare for these tough conditions, but it is helpful to know that there is support out there.
If you need further advice, contact the team at Crowe Horwath on 858 5540.
This information is general and readers should seek specialist advice before making financial decisions.
- Amy Hamilton, Senior Client Manager and Agri Specialist, Crowe Horwath Waipukurau
