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Home »  Agriculture  »  Drought, bushfire and emergencies  »  Drought  »  Planning to handle drought  » 

Drought

Financial considerations of agisting stock in drought

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Primefact Number: 292    Edition: First edition    Released/reviewed: 01 Nov 2006

The financial implications of a drought, and any changes you make to your business, need to be examined closely. Seek professional advice from your accountant, bank manager, and/or farm advisers. A wrong decision may place the business into a position from which it cannot recover.

This Primefact discusses financial aspects of agisting your stock in drought. It covers:

  • general points regarding agistment; 
  • calculating agistment and transport costs, and the break-even period;
  • advantages and disadvantages of agisting stock.
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  • Managing in drought
  • Agricultural conditions situation
  • Planning to handle drought
  • Drought recovery
  • Lessons learnt from drought
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