Elders Narrogin Newsletter_Summer 2019

ELDERS NARROGIN NEWSLETTER EDITION 2 - SUMMER 2019 2019 harvest is underway Elders is currently celebrating it's 180 Elders CGX is achieving an average of $10.70/tonne more year milestone which Mark discussed Shane Medlen (L), Nick Fazekas (C), Mark Allison (R) during his visit. Mark said “with ELDERS CGX consolidation of some major players WAMRARENAAPAGERS in rural retailing, Elders is in a unique Georgia Lawrie position to be the outlet of choice for Shane Medlen customers who value working with a Have you registered for the Clear company born and bred here in Australia Grain Exchange yet? It's time to try It was great to see Mark Allison with a proven record of commitment to it out. (Elders CEO) and Nick Fazekas (West Australian communities”. Zone GM) visit the Narrogin Branch Did you know that grain sold through in November. Mark was visiting WA By now most of you will be well into the Elders CGX is achieving an average for National Ag Day and squeezed harvest, early reports are that grain yields premium of $10.70/tonne over the best in time to visit our branch talking have been somewhat surprising given cash price on the day! Register using your to staff about the Elders focus on a the amount of rain received over the NGR either in branch or online, then list national level. growing season. It's amazing what can your grain at your chosen price & let the be achieved in today’s environment with market come to you. When a buyers bid access to new crop varieties, chemical matches your offer, you'll be instantly actives and technical advice. notified and a contract is generated. Call the branch for a demo, information Planning for next season will begin or to sign up on 9881 9889. shortly. Please reach out to our team for any assistance, we have experienced professionals ready to support with knowledge for decisions across all your business. Finally, I would like to extend all our clients a Merry Christmas & a very prosperous New Year! 1

ELDERS NARROGIN NEWSLETTER LIVESTOCK It's been a strong year for sheep and lamb markets UPCOMING BULL SALES: UPDATE 14th Jan - Great Southern Blue Ribbon The Wickepin Ewe Sale achieved an Bull Sale, Mt Barker Paul Keppel & Jeff Brown average of $154/hd across all age groups 21st Jan- Lawsons Angus Bull Sale, of breeding ewes. An absolute credit Hopetoun We have experienced a mixed year to all producers was the presentation 29th Jan- Lawsons Angus Bull Sale, with the fortune of strong markets of surplus ewes sold this year in the Cataby for sheep and lamb, a dry summer, saleyards and on farm. 3rd Feb - Quanden Springs Angus Bull short and tight spring feed period Sale, Redmond and corrections in a strong, but Thank you for your support over the last 4th Feb - Ardcairnie Angus Bull Sale, volatile wool market. year and we look forward to catching Kojonup up after harvest to ensure you are up to 6th Feb - Allegria Park Angus Bull Sale, Firstly we would like to say a big thank date with all the latest information and Esperence you to our clients for their ongoing products thus ensuring your needs are 6th Feb - Kogody Angus Bull Sale, support throughout the year. met this next twelve months. Esperence 6th Feb - Bannitup & Naranda Angus Bull 2019 commenced on the back of a We wish all clients a wonderful Christmas Sale, Esperence fantastic finish to last year and sheep and a prosperous new year. May the 6th Feb - Bandeeka Simmental & Red were generally in solid condition running weather gods be kind and your sheep fat Angus Production Sale, Boyanup through the summer. The lamb and and healthy! 10th Feb - Bonnydale Black Simmental mutton markets continued to track Bull Sale, Bridgetown northwards and prices for all classes of lamb and mutton headed into territory we haven’t experienced before. The tough start to our growing season presented challenges at lambing, particularly the ewes that lambed down in the May – June period. They say “Yield is King” and yield in our sheep industry is driven by lambs on the ground and lambs weaned. Our challenge is how do we improve and try to mitigate the risks in seasons like 2019? No two seasons are the same and we must endeavour to be adaptable, but there is no better tonic than quality green feed and healthy livestock. Solid clearances and values at ram sales flowed through to positive demand and values for replacement ewes sold through the spring period. FINANCIAL When working with Kelly on a financial your financial goals. PLANNING plan, your objectives come first. The TIPS team provides relevant, personalised Important financial planning areas rural advice and support this with a wide producers should consider include; Kelly Fullston range of services to make the most of Succession planning, Investment your finances. management, Tax management, Wills The start of 2020 is a great time and estate planning, Debt management, to do some housekeeping on your A successful financial future for rural Superannuation as well as protecting financial planning. producers involves many questions you and your farm should you become best answered by working closely with ill or injured through life, trauma and In 2019 Elders Financial Planner Kelly a specialist rural financial adviser. We disability insurance. Fulston expanded her team with addition have a thorough understanding of rural of support staff member Bec Hamilton production and financial matters and Call Kelly today on 08 9881 9882 and based in the Narrogin Branch. take particular care to develop easy to make 2020 the year to get your financial follow tailored plans, to help achieve plan in shape. 2

ELDERS NARROGIN NEWSLETTER MERINO Exciting Merino productivity trials are underway Rene Naude receiving the Dux Award at Narrogin Ag College PROJECT following website: COMMUNITY Nathan King https://merinosuperiorsires.com.au/ SPONSORSHIP mlp-project/ Stud Stock Specialist Nathan King Kallista Bolton has been taking part in the Merino The project is currently reporting all raw Lifetime Productivity Project. It's data, sire means (raw data adjusted for Over $20,000 has gone into 2019 hosted at UWA's Ridgefield farm in birth and rearing type and ewe source) community sponsorship projects Pingelly, where he has been classing and flock breeding values (which also with $12,000 by Narrogin branch, ewes in the trial. take pedigree and other correlated traits $4,000 by Elders Insurance into account). Narrogin & $4,000 top up to The Pingelly Merino Lifetime Productivity these projects from our neighbour Project is one of five sites across The Pingelly site hosts a field day each branches. Australia comparing the lifetime year at Ridgefield where the sheep are performance of ewes from different on display and results discussed. The 2019 sponsorship recipients include: genotypes. The project is run by staff field day is usually held in October, Facey Group from Murdoch University and funded by immediately following ram sales. Wandering Long Table Lunch Australian Wool Innovations (AWI). Williams Campdraft If you would like further information Wickepin Football Club The ewes at Pingelly are 2016 and 2017 about the project, including evaluating Narrogin Tennis Club drops, from 29 different sires using AI. the results, please feel free to give UGSFL Fixture Card Printing Reproduction, growth, wool and carcase Nathan a call on 0488 582 455 UGSFL Rams Academy traits are being measured on each ewe, Narrogin Hawks Football Club every year, as well as individual animal Ram Sale Tip from our Sales Support UGS Hockey Association assessment of visual and structural Officers: Why not store your PIC Number UGS Match of Day Footy Radio (Big K) traits. in your phone for easy quick reference Narrogin Ag Show Programme when registering at sales. Narrogin Golf Club Day Both professional and Australian Merino Narrogin Long Wool Day Stud Breeders Sire Evaluation Association (AMSEA) Wandering Golf Club Annual Golf Comp classing takes place prior to shearing St. Matthews School Quiz night each year when mid side wool samples Highbury Tennis Club Season are being collected. Narrogin Ag College Yr12 Major Awards NSHS Year 12 Top Student Award Even though a percentage of animals are Narrogin Ag College Open Day Raffle classed as culls each year, they remain Cuballing Tavern RFDS Fundraiser Raffle in the flock so that any changes in their Narrogin Ladies Golf Day performance can be assessed. The only Narrogin Primary School Awards Day reason an animal would leave the trial is Narrogin Nursing Home Xmas Raffle for welfare reasons (e.g mastitis). Quairading Quick Shear Narrogin Racing Club Results from the trial are continually Cuballing Community Xmas Tree Raffle being updated. They can be found on the Williams Bowling Club WINNING WORK Post sponsorship proposals to: Elders, PO Box 420, Narrogin 6312 or email Shane Medlen [email protected] Our Farm Supplies team has won Elders WA 2019 ‘Most Valuable Branch’ & the WA ‘Safety’ award. In October, Georgia won the monthly national One Elders Operations Award for setup of 4 new branches in our area & cross team support within branch. Kimberley also won the national Safety Award for her Narrogin work plus helping the 4 new branches establish safety protocols. Goergia Lawrie (L), Reece Drayton (C), Kimberly Agars (R) 3

ELDERS NARROGIN NEWSLETTER AGRONOMY Harvest winding down to a close Fingers crossed next season gives us that UPDATE opportunity. • Seed - always new varieties out. A Helen Wyatt few to try out; Koorabup Oats for Hay There are also more options in the are testing and yielding well, Bilby Oats pipeline for 2021 and beyond. Lupin 2019 certainly threw us a few for grain, Truflex Canola for greater weed control will be ramped up in the challenges. Lack of moisture was Glyphosate flexibility, Hybrid canola next few years with Ultro (grass pre- the obvious one but this also varieties are performing well above em) and Reflex (Broadleaf pre-em). highlighted other issues in our the cost of the seed, Devil wheat with Furthermore, there will be more options system including reliance on pre- flexibility of AH or Noodle APWN. in cereals and canola with products such em chemistry, non wetting soils as Overwatch and Voraxor. and root disease. Despite this, • 2-4D permit - a reminder of the permit the reports of harvest are mostly regulations for 2-4D applications if you I’d encourage you to get a look at some positive, not record breaking but have summer spraying to do. Record of these products at trials or demos and reasonable yields and quality. Given keeping, buffer zones, boom height & see where they might fit into your plan the season, a big well done. weather limitations must be observed and operation. If you want to see them and the permit followed and recorded. or get more information give me a call on It always pays to take a bit of time to 0429 950 334. Thankyou to all our clients reflect on what your biggest production •Don’t forget the basics - seed dressings for your support in 2019 and we look limitations and improvements were and and in furrow options can help with root forward to doing it all again in 2020. set some goals for next year, then plan, disease. Soil wetters are gaining traction plan, plan. A good plan has more chance to help with non wetting and don’t forget of being actioned, add to it some good to mix and rotate, ideally a double knock. data (soil tests, resistance tests, seed germination tests etc) and you are on the road to a great 2020. A few new things in 2020 and reminders to factor into the plan: • Callisto - a pre-emergent residual Broadleaf Group H product which could change our radish and Capeweed management strategy greatly. For wheat and barley only at this stage, think of it like a new age Logran. • Luximax - the lucky wheat growers now have even more options for pre- em Ryegrass control with Luximax (cynmethlin) now registered for use IBS. Just make sure your seed placement is accurate. INSURANCE been continuing their professional community as proud sponsors of The NEWS development attending several Facey Group, Narrogin Golf Club & The conferences to ensure we have our Narrogin Racing Club, to name but a few. Ryan O'Dea fingers firmly on the pulse and continue to offer smart and reliable insurance Our dedicated team have fulfilled Seasons greetings from the services. our promise of offering professional Elders Insurance team. We are fast advice, valuable products and personal approaching the end of another year Congratulations to Jamie & Michelle service all year. We’ve helped countless and we can’t believe how quickly Miller for winning our 2019 Early individuals and businesses protect 2019 has gone. It’s been a great year Bird Crop Competition and bagging themselves and their assets and we can’t for the insurance team with some yourselves a night at the Crown Casino wait to do it all again next year. great successes on behalf of our in Perth! clients. Make it a new year resolution to review This year Elders Insurance Narrogin have your insurance, we look forward to During the year our team have contributed over $4,000 to our local assisting you with this in 2020. 4

ELDERS NARROGIN NEWSLETTER RURAL REAL Rural Real Estate Agent, Jeff Douglas Ensure the path to your home is clear and enticing ESTATE NEWS selling season, we are constantly on PREPARING Jeff Douglas the search for properties to fill buyer YOUR HOME demand. I expect to see more record FOR MARKET It's another good year to be working priced property sales in the near future in the Great Southern. While much of as demand for farmland continues to Sandra Hortin the country is reeling from drought, outstrip supply. the Great Southern is holding up You can prepare your property for well and so are rural property prices. As well as the sales mentioned above sale without it costing a fortune or I have been preparing to bring several a lot of time. Here are my top 5 tips Our region’s reliability is no doubt properties to market early in the new for preparing your property. contributing to the continued strong year and look forward to interacting with demand for farming properties. interested parties once the marketing 1. Clean & repair: Show buyers a well Recent auction sales have been well goes public. looked after property. Daniel Butkovich attended and bidding has been strong from Domain points out one of the at record prices. While these prices Meanwhile please contact me to discuss biggest turn-offs to buyers is wear and are encouraging owners to bring their anything real estate and particularly if tear such as peeling paint, torn fly wire properties to market, demand remains you have property to sell. In the words of & stained carpets. These can diminish well in excess of supply and if an a potential buyer last week “everyone’s a buyer’s enthusiasm for your property effective sales strategy is employed each a buyer” for farmland at the moment & lower the price they are prepared to new sale usually sets a record price. and Elders Real Estate has the people pay. on the ground to conduct a smooth and 2. Freshen up: You may have heard it While corporate buyers remain active in successful sale of your valuable land. said that painting is a waste of time the market, private family farmers are because the buyer will probably want still leading the way in both numbers of Website www.eldersnarrogin.com.au. a different colour. A fresh coat of paint purchases and prices paid. This augurs Twitter www.twitter.com/JeffDougElders always gives a home a quick lift and will well for the future and displays the health Jeff Douglas 0427 425 689 liven up a tired or dated interior. of the family farm in the region. 3. Improve street appeal: First impressions are essential and helps to It’s great to see that many family farms entice a buyer off their phone and into have now morphed into large semi- your home. Ensure the front garden is corporate enterprises. Under this model, neat and tidy with a clear pathway to they are harnessing the economic the front door. strength and business experience of 4. Declutter & modernise on a budget: older family members together with Styling your home is a great way to the enthusiasm and fresh ideas of the present it. We have available a stylist younger generation to forge ahead and who can work with you and your budget take advantage of the apparent world- to style your home or to simply provide wide resurgence of agriculture. you advice. 5. Allow time to prepare: Rushing your With several significant rural property home to the market can be stressful sales already under contract this and may not bring you the best possible price. Make a plan and allow plenty of ANIMAL HEALTH time to prepare. Sandra Hortin 0487 316 906 Kimberly Agars Bayers Grow program is about animal agronomy Looking to get more out of your livestock program? Bayers Grow program guided by expert Andrew Sutherland educates farmers on how to facilitate and advance their livestock returns. Seminars focus on crucial stages in an animals life & explore natural occurrences, sheep biology, supplements & treatments. To find out more call 9881 9889. 5

ELDERS NARROGIN NEWSLETTER WOOL The wool market is in a current drifting pattern Elders is celebrating 180 years Tim Burgess in fleece wool prices, rather than a surge CONTACTS in the price of locks this time. Up a bit, down a bit, the yo-yo Summer Opening Hours of the wool market continues to Most would expect a price difference to swing, although thankfully not as continue to narrow for the next couple of Mon - Fri 8.00am - 5.00pm wildly as a couple of months ago. months at least as the seasonal demand Sat - 9.00am - 12.00pm A steady almost becalmed early for cardings and knitware cranks up. stage processing sector, where most Farm Supplies participants say things are 'flat', is US/China trade deal negotiations Reece Drayton 0408 197 350 creating the current drifting pattern. were into 'short stokes'. Obviously the sheep kicked or they nicked a bit of skin Agronomy - Helen Wyatt 0429 950 334 When the greasy market eases a little, because there hasn't been a whole lot of people will buy a bit more knowing that progress. Risk sentiment and therefore Financial Planning it will not go back down very much in the confidence has waned slightly with Kelly Fullston 0427 081 817 current environment. Conversely when mixed signals coming out of Washington the market rises, people ease back and & Beijing. Livestock wait, knowing that we have not yet seen Paul Keppel 0427 195 184 the trigger required for the greasy wool Jeff Brown 0437 872 588 market to rise significantly. Stud Sales - Nathan King 0488 582 455 Knitware types are always the first ones to shrug off the sleep patterns of Wool - Tim Burgess 0427 511 286 the hibernation brought about by the off-season. The carding sector, whilst Insurance showing a lot more restraint than a Ryan O'Dea 0438 812 829 couple of years ago is trending upwards Shawn Heil 0459 077 037 and showing some signs of life. Real Estate The price comparison of cardings to Rural - Jeff Douglas 0427 425 689 fleeces has reached more sustainable Resi - Sandra Hortin 0487 316 906 levels again, although a lot of the change has admittedly been driven by the drop Branch & Area Manager - Shane Medlen 0427 939 794 RURAL BANK Contacts Troy Drayton 0427 224 429 Agribusiness Relationship Manager Upper Great Southern & Eastern Wheatbelt Sarah Spanswick 08 9881 9883 Agribusiness Relationship Assistant Rural Bank – A Division of Bendigo and Adelaide Bank Limited, ABN 11 068 049 178 AFSL/Australian Credit Licence 237879 Elders Narrogin P. 08 9881 9881 41 Fairway St, Narrogin E. [email protected] F. https://www.facebook.com/eldersnarrogin elders.com.au 6