Thursday, 14 November 2024 08:55

Managing risk for sharemilkers, contract milkers

Written by  Staff Reporters
Sam Ebbett Sam Ebbett

Free workshops focused on managing risk in sharefarming got underway last week.

Organised by Federated Farmers, the event is targeting contract milkers, sharemilkers and farm owners.

The 'Managing risk in sharefarming' events are being held in Morrinsville, Te Awamutu, Hawera, Rongotea, Dunsandel, Waimate, Balclutha and Winton. The first event at Morrinsville Rugby & Sports Club was held last week.

"There are considerable opportunities and benefits in sharefarming, but there are plenty of risks too," says Federated Farmers national sharefarmer chair Sam Ebbett.

"Farmers need to enter into sharefarming or contract milking relationships with their eyes wide open if they want to have a successful business or farming carer."

Federated Farmers is running these events to help farmers better understand what those risks are, and more importantly, how they can be mitigated.

"This is the kind of workshop I wish I had attended before I first went sharemilking. It would have been hugely beneficial for me as a young guy starting out," Ebbett says.


Read More


"We'll have all the industry experts in one place offering practical advice on things like contracts, farm assessments, insurance and building strong working relationships.

"If you're looking at getting a sharemilker on next season, or you're thinking of going sharemilking yourself, you should definitely be attending these workshops."

The events are conveniently timed between milkings and will run from 12.30am until 12.30pm with a free BBQ lunch provided for attendees.

"Moving from a farm manager's role into sharemilking or contract milking means you suddenly become a self-employed business owner," Ebbett says.

"This brings a whole lot of new responsibilities. You're essentially now carrying all the same risks as a farm owner, just not quite on the same scale."

He says sharemilkers are particularly vulnerable to fluctuations in the milk price, while contract milkers can get stung with rising costs in a high-inflation environment.

"Suddenly you're employing staff, dealig with health and safety requirements, and navigating environmental and animal welfare responsibilities that all bring risk too.

"These workshops are all about helping people understand those risks and responsibilities, and how they can put in place a plan to manage them.

"Farm progression is so important for the future of our dairy sector, so it's important we provide these opportunities, particularly for the next generation coming through.

"November is when people tend to start making decisions about what they might like to do next season, so these workshops couldn't arrive at a better time."

Workshops are free to attend. For more information, call 0800 FARMING.

More like this

Rain misses Taranaki region

The 'atmospheric river' of rain that swept down the country last week almost completely avoided one of the worst drought-affected regions in the country – coastal Taranaki.

Featured

Carrfields Marks 50 Years as Rural Health Programme Grows

Celebrating 50 years in the rural landscape of Central Canterbury and beyond, Ashburton-based Carrfields, has been the exemplar for all aspects of modern agriculture via its extensive range of services including supply, growing, agronomic advice and marketing.

Taupiri Farmers Chase Ownership After Awards Success

For Taupiri dairy farmers Logan and Sian Dawson, their involvement in the NZ Dairy Industry Awards has been a key catalyst in the growth of their business - the experience helping shape how they approach the farm ownership pathway they are pursuing today.

Ballance Urges Farmers to Plan Ahead for El Niño

With forecasters advising El Niño conditions will develop through winter and strengthen into spring and summer, Ballance Agri-Nutrients is encouraging farmers and growers to think ahead about nutrient planning and be prepared to work around challenging weather conditions.

National

Machinery & Products

Suzuki Launches Jimny Horizon

Suzuki New Zealand has announced the arrival of the latest version of its Jimny SUV, the Horizon special edition, a…

» Latest Print Issues Online

Milking It

Domestic Focus

OPINION: After hogging the media limelight for telling a NZ Chinese MP to "go back home", Winston Peters has decided…

A No-Brainer

OPINION: With fuel prices soaring, one would have expected most farmers to be reclaiming excise duty on petrol.

» Connect with Dairy News

» eNewsletter

Subscribe to our weekly newsletter