Friday 11 September | 8.45am–1.00pm | Lameroo
Machinery replacement is a major farm investment, especially when costs are rising and income is uncertain.
Join the below presenters for a practical workshop using MSF’s new Machinery Replacement and Gross Margin Platform. Bring your laptop and, if possible, your own farm figures to test different “what if?” scenarios and see how changes in costs, income, machinery performance and timing affect your decision. No personal data needs to be shared.
Alongside the hands-on use of the platform, key strategies for understanding and overcoming machinery replacement challenges will be discussed. You’ll also explore the RiskWi$e decision-making process and how it can help you make better decisions more often through uncertain times not just when replacing machinery, but across your farm business.
What you’ll take away
- An introduction to MSF’s Machinery Replacement and Gross Margin Platform.
- The opportunity to apply your own figures and test different machinery scenarios.
- A better understanding of the assumptions and risks behind machinery replacement decisions.
- Practical strategies for managing machinery replacement when farm business conditions are uncertain.
- A practical RiskWi$e approach to making decisions under uncertainty.
- Ideas for applying the same decision-making process to other farm decisions.
Key presenters
- Brendon Brown – CSIRO | Making risky decisions by understanding the process, uncertainty, assumptions and consequences.
- Barry Mudge – RiskWi$e | Practical strategies for keeping up with machinery replacement in the current farm business environment.
- Chris McDonough – Insight Extension for Agriculture | Demonstrating MSF’s Machinery Replacement and Gross Margin Platform and helping farmers apply it to their own decisions.
Come along with your questions, your laptop and the decisions you’re facing on farm.
You don’t need to know what the future holds to make a better decision — you need to understand your options and how they perform when things change.
🎫 This event is free to attend
🍽️ Fully catered – please email kylie@msfp.org.au for any dietary requirements
📩 Let us know you’re coming along HERE!
