ELDERS ALBANY NEWSLETTER

ELDERS ALBANY South Stirlings Harvest Photo By Edwin McQuade NEWSLETTER EDITION ONE - JULY 2020 Our Elders Albany Team Merchandise Team July 2020 Branch Manager Update Our Farm Supplies Team has been tweaked to ensure we have the With the start of the new financial year things are getting back to normal after months of lock best people on ground, at the right time to deliver the best service. down due to the Covid-19 Virus. Karel Walker has joined our farm supplies team, taking on a dual role managing both the Elders in Albany are now fully open but are still Mt Barker and Albany stores. Russ Ferry and Hannah Gaffney will be going full steam doing a full clean twice a week in the office. Hand ahead with On-Road Sales covering the southern area from Manypeaks, South Stirling, sanitiser is always available to staff and Boxwood Hills and Bremer Bay to Denmark, Walpole and Narrikup. Our farm supplies customers. branch Sales Staff is led by Kate Henderson along with Tasman Heath and Carly Savage. A change has been made in the merchandise It’s been a tough start to 2020 on so many fronts for so many people. The dreadful after Neill Liddle moved to Esperance. Neill has COVID-19, a “dry spell” that’s extended to drought for so many in our area and the been replaced with Karel Walker. Karel will be changes to our Australian economy not to mention our place in the world economy. overseeing both the Albany and Mount Barker We’re only a phone call away if we can assist your business. Not just through supplying branches for all farm supplies. products, but making available agronomy and livestock advice, and supporting your For all Customers in the Bremer Bay, Boxwood Hill, community where we can. We look forward to hearing from or seeing you soon. Wellstead and Gairdner area, we will be Contact numbers for our staff are below expanding our product range at the Boxwood Hill Karel Walker 0417 849 025 Russ's Deal of the Quarter Store. Hannah Gaffney will be running this store Russell Ferry 0427 414 990 'Striped Paint' and canvasing the area. Hannah will be in touch Hannah Gaffney 0450 254 800 with you all in due course to invite you to the Kate Henderson 9842 7912 Call Russ for the best price on Striped Boxwood Hill Store re-opening on the 24th July Tasman Heath 9842 7903 2020, contact Hannah Gaffney for details. Paint and Everything Else Carly Savage 9842 7951 Until the next newsletter Stay safe ONE Peter Hassell

ELDERS ALBANY NEWSLETTER Elders Real Estate, Albany June 2020 saw the introduction of the Government Building Bonus Grant incentives which has seen land sales skyrocket. Some buyers are paying crazy prices for Elders Real Estate Albany has been serving the local community for blocks in good areas and there is very little left available on the market. over 70 Years. Our Residential team of Blair, Neels and Chris focus on residential and The impact of new land sales on the established market is unknown at this stage and we expect it will take some time for any implications to become evident. lifestyle properties in the greater Albany region. One thing you may not be aware of - if you are looking in Albany, Mt Barker, and Our Rural Team, David and Simon, look after broad acre properties Bremer (or surrounds of all three) and want to continue your working relationship across the Great Southern. with Elders, our team can help you. We are able to show you property listed with any We also have Jeni in Bremer Bay and Lynn in Mount Barker. agent and can represent you in the sale. We know of many properties available but Supporting our teams are our Sales Support Officers; Jeni, Ursula and not listed and can even try to find a particular type of property for you, so if you want our help, just contact us. Nola. We are obviously available for property appraisals and advice on how to get the best from the market – no obligations, we are here to help. Albany’s residential Real Estate market is extremely busy! Contact us on 08 9842 7932 or email [email protected] Our Real Estate team faced some major challenges during Covid-19. Despite the demands we encountered during this period; the levels of sales were maintained Get the latest real estate news, property market trends and how-to and have since reached new peak levels. COVID-19 has seen the team review what we do and how we do it! With immense guides, housing information and insights as well as tips for buying, selling, changes to access to property and even the region, we revised our processes and investing, renting, building and property finance. made the move into the world of cinematography, conducting virtual inspections Visit: https://albany.eldersrealestate.com.au/the-view/ and home opens, and creating a range of property from quick shorts to extended lifestyle tours, market updates and buyer and seller tips. After receiving excellent feedback on how useful these videos are we now aim to offer them on all applicable properties, to assist buyers and give a better impression of the true ‘feel’ of the place. If you would like to receive video market updates and tips, please email [email protected] and we will add you to the database. Our Real Estate Team Albany - Lynn, Chris, Nola, Blair, Jeni, Neels, Ursula, SImon, Jenny (David Absent) WOOL MARKET BATTLES Wool has been one of the hardest hit ag commodities during COVID-19, with the EMI CORONAVIRUS IMPACT finishing the 2019/20 selling season at 1105 cents. This represented a drop of 605c, or a 35.3% reduction compared to the start of the selling season. With many Europe and US retail demand slump growers not willing to sell at current values we have seen a large volume of wool contributes to Australian wool price slide being held with the hope that prices will bounce back at some point. The largest issue facing the industry at the moment is the lack of retail activity in the US and The impact of coronavirus on the Australian wool Europe as those regions continue to battle the impacts of coronavirus. Mills in China market has been well documented. Wool are still processing but at decreased levels and in the short term the market will started the year strongly before a cyberattack on the continue to be flat until demand lifts in the retail sector and we see more wool start selling system in late February/early March saw large to be pulled through the pipeline. The total national offering for the season was volumes hitting auctions and then COVID hit at the end 1,470,717 bales, which was 194,942 bales less than the previous season, a reduction of March to really disrupt the market. of 11.7%. On a local front, seasonal conditions throughout the Great Southern has had an Travis King impact on wool quality with lower yields and low staple strength predominantly making up offerings. This was not limited to this area, with wools across Australia facing the same quality challenges. Many growers saw yields and strength down from their averages and any higher yielding, sound wools were well sought after in auctions. The start of the 2020/21 selling season will see two sales in the first two weeks of July and then a three-week selling recess which will allow the industry to take a breath and take stock. For all your wool needs or to discuss the market, call district wool manager Travis King on 0429 660 877. TWO

ELDERS ALBANY NEWSLETTER Agronomy Update July 2020 Where are we at? With a mixed start to the season I know everyone is looking to the skies to bring much needed rain to thicken up patchy germinated crops and pastures and to fill up some dams. Red Legged Earth Mite have been hitting crops and pastures, plants stressed by lack of moisture will be affected worse and take longer to get away. Crops treated Albany Rural Bank Team with bare earth insecticides are generally ok. Patchy germination and some wind erosion damage which has been worse on canola On Behalf of the Team in Albany means that there are some hard decisions around re-seeding paddocks. Hybrid Rural Bank Albany staff are excited in celebrating Canola can reach its yield potential with less plants than OP varieties. In some cases the 20 year Partnership in 2020 with Bendigo and re-sowing with barley is the best option even where atrazine and propyzamide pre Elders Ltd. ems will still be active in the soil. A risk management option is to spread some barley Elders Ltd, Bendigo and the Adelaide bank, and Rural and re-sow canola which allows a later decision to be made as to which way to go. Bank are very proud partners having an Agri Business Barley and Wheat will generally hold up to wind better than Canola or Lupins as their relationship now for 20 years in Australia as Australia’s growing point is lower down and can recover better. You can help crops recover now only Australian owned bank. faster with some nitrogen and trace elements (particularly zinc) with the aim of The Agri Business relationship started in 2000 with the attaining ground cover as quickly as possible. Finance arm called Elders Rural Bank. Together they On a brighter note the AFL is back on TV, I think we might need to wait until there is a have formed a strong brand that now lends to 9% of hub in WA for some better games and re-introduce the vics to the Perth Oval house of farmers throughout Western Australia and assists pain! customers with all AGRI Business products from Lending and Depositing products, FMD’s and a True FMD – Term Loan offset product. The Brand officially now named Rural Bank associates itself as a True Agri Business fraternity that understand your needs in the Agricultural Industry. The Rural Bank team in Albany work alongside the team at Elders Albany and are ready to assist you in your Farm Finance needs. They look after the Bendigo Rural and Elders Agri Channels and their area is throughout the Great Southern of WA. Please call the Albany Branch on 98427900 and ask for their assistance. Elders Insurance Elders Insurance Albany is a locally owned and operated agency run by friendly and professional staff with over 100 years of combined experience in the insurance industry. Albany At Elders Insurance Albany we guarantee you will receive the highest level of customer service and insurance advice tailored to your individual requirements. Our priority is our clients and providing a personalised approach allows us to determine the best cover for you. Our office is located at 189 Chester Pass Road and is open five days a week. Our local sales support staff provide fast and efficient service to assist in your ongoing insurance requirements. You can rely on our assistance whenever & wherever it may be. Our local agents are here to ensure you’re covered. We look forward to partnering with you in the protection of your assets and livelihood. We’re with you! Elders Insurance Albany Team THREE

Livestock July 2020 Update Well the 2020 year has been an interesting one so far, we have seen some pretty big highs and lows in the livestock sector. Both in the sheep and cattle markets with record prices been paid and record numbers of sheep heading east, due to the lack of rain for stock water and feed. The appetite from our eastern counterparts for sheep is still on going with sheep still heading east but in lesser numbers now than earlier on. I would just like to take this opportunity to acknowledge the Elders network throughout Australia and the setting up of our whatsapp App that we listed livestock on and shared within our Elders Network. This led to both the movement of sheep and cattle to NSW, VIC and SA with great success, with some sales only taking a few minutes of been loaded onto the whatsapp app to find a buyer and finalise a sale. On the sheep market, as we head into July we see a few of our processors shut their doors for yearly maintenance. WAMMCO, Fletchers Int as well as BRM will be shut until the first week of August or end of July when they look to recommence operating. The likes of V & V Walsh, Hillside, DBC, Avon Valley and some smaller processors remain open to supply our local markets and international ones as well. White Suffolk Cross Store Lambs that went over east The cattle market has been very buoyant with recent sales being very strong for all types. The processing market for cows came back up as well as heavy bulls due to rain in our pastoral region that has left a bit of a supply gap for the processors. Feed lotters are still looking for yearling cattle 320kg plus liveweight to feed with supply being tight and prices reflective of this. The southwest region of WA has had a magnificent start to the season with grazier restockers very active in the market trying to secure both steers and heifers to put in the paddock and trade out of later in the year. Again limited numbers have pushed prices right up with record prices been paid at the Elders Boyanup June special store, with our weekly Mount Barker Sales very well supported by buyers even though numbers have been limited on some categories of cattle. For any livestock enquiries or a market update contact the Elders Albany office on 9842 7900. For all Livestock Financing enquires please contact Cameron Emery on 0428 305 159 Elders Albany Wealth West will replace the existing trading name of Elders Financial Planning Albany from early P: 08 9842 7900 July. Trevor Garland and his team will continue to look after existing and new clients. The address 189 Chester Pass Road and phone numbers remain the same however the email address will be [email protected] E: [email protected] He welcomes the opportunity to discuss your financial planning needs. F: Elders Albany If you wish to opt out please contact us and let us know. Email: [email protected] Phone: 08 9842 7900 Or let us know when you are in store. FOUR