Navigating on-farm risk and reward
Navigating on-farm risk and reward
Podcast Description
Supporting Aussie grain growers in on-farm decision making.
Helping them get it more right, more often.
Podcast Insights
Content Themes
Covers topics such as on-farm risk management, reward strategies, and decision-making frameworks, with episodes featuring discussions on understanding risk basics, managing uncertainty, and utilizing tools for better decision-making, illustrated through examples from experienced farmers and consultants.
Supporting Aussie grain growers in on-farm decision making.
Helping them get it more right, more often.
Welcome to the fourth podcast in this 5-part series all about helping farmers navigate on-farm risk and reward.
It’s been developed as part of a 5-year national project called RiskWi$e, funded by GRDC and led by CSIRO.
The whole point of this project is to understand and improve the risk and reward outcomes for Aussie grain growers bysupporting on-farm decision-making, so throughout this series, we’re going chat to some experts who will help you do just that.
As individuals, we all have a different approach to managing risk, and our guests do too, so listen for the content that both resonates with you, and challenges you because ultimately, we want to help you get it more right, more often.
In today’s episode, we chat with climate scientist and associate professor at the University of Adelaide, Peter Hayman.
We talk with Peter about the differences between short and long-term forecasts and their accuracy or reliability. It’s a great way to start the conversation. We then move on to theuse of historical data, both temperature and rainfall, and its usefulness. We touch on climate change, and then chat about how farmers can use all this information to improve risky, on-farm decision making.
Here are some handy resources:
RISK MANAGEMENT TOOL – CROPPINGUsing a profit by deciles approach
https://research.csiro.au/riskwise/fast-graphs-for-slow-thinking/
WEBSITES
MyClimate Viewhttps://myclimateview.com.au/
BoM Climate Outlookshttp://www.bom.gov.au/climate/outlooks/#/overview/summary
Yield Prophethttps://yieldprophet.com.au/yp/Home.aspxhttps://www.yieldprophet.com.au/yplite/
This podcast is brought to you by the Central SA Action Research Group arm of RiskWi$e; the Hart Field-Site Group(lead), Mid North High Rainfall Zone, Upper North Farming Systems, Northern Sustainable Soils and Murray Plains Farmers.
https://www.hartfieldsite.org.au/
https://www.facebook.com/NorthernSustainableSoils
https://murrayplainsfarmers.com.au/
Hosted by: Sandy Kimber; Hart Field-Site Group & Annabelle Homer; VoiceIthttps://voiceit.me/
Produced by: Annabelle Homer; VoiceIthttps://voiceit.me/
Artwork by: Sandy Kimber
The RiskWi$e project is ongoing and there is an amazing catalogue of resources available to farmers. Use these links:
https://research.csiro.au/riskwise/https://www.uwacaed.org/behaviouralscience
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