Young farmers urged to upskill - Rabobank program
skip to content1
Just a heads up, our Online and Mobile Banking Apps will be unavailable between 10:00 pm on Saturday, 24th April and 3:00 am on Sunday, 25th April while we make some improvements. We apologise for any inconvenience. If you’d like to speak to us, we’re available Monday to Friday 8am to 7pm AEDT on 1800 445 445
Rabobank
 

Young farmers urged to upskill to capitalise on buoyant outlook



Australia’s agricultural sector is poised for a good year, but strong business management skills are needed if farmers are to capitalise on this buoyant outlook, the head of Rabobank has told farmers.

Announcing the opening of applications for this year’s Farm Managers Program, Rabobank Australia CEO Peter Knoblanche said the bank saw a strong outlook for Australian agriculture in 2017 and beyond, with factors in its favour including the projected rise in global economic growth and strong commodity prices for most livestock and crops.

“This has translated into strong investment activity within the sector, and it is those farmers with astute business management skills who are better equipped to capitalise on these opportunities,” Mr Knoblanche said.

Designed to strengthen the operational and strategic skills of emerging farmers, the annually-held Farm Managers Program covers topics including global trends in agriculture, business planning, financial management, leadership and succession planning. 

With Rabobank’s Farm Managers Program developed for young farmers, Mr Knoblanche said, there was “no better time for the younger generation to develop their business and leadership skills, particularly those looking to take over the reins of the family business or step up into managerial positions”.

While there has “rarely been a better time to be in agriculture”, Mr Knoblanche said, the bank’s view of the year ahead was that it wouldn’t be “all smooth sailing”, with “potential storm clouds gathering on the horizon” as uncertainties prevailed on global economic and regulatory fronts.

With the Farm Managers Program examining global trends and key influences in agriculture, Mr Knoblanche said the program was focused on developing a range of commercial management skills to help farmers increase their resilience in this changeable environment.

As part of this, the program also looked at technologies and the future of the food and agri sector in an increasingly ag-tech world, he said.

Mr Knoblanche said the appetite amongst farmers to improve their skills and knowledge, particularly around the adoption of emerging technologies, was strong.

A recent survey of 1000 Australian farmers, conducted by Rabobank, found 34 per cent of respondents were looking to upskill through education and training over the coming year – of which, more than half (57 per cent) were intending to increase their knowledge around the adoption of emerging technologies.

“While young farmers are leading the way when it comes to the adoption of new technologies, the pace of change is so rapid which makes it a complex process to not only keep abreast of the new technologies but make informed decisions around which will deliver tangible benefits to the business,” Mr Knoblanche said.

“Much of this learning comes from speaking with other farmers to see what works for them, and the Farm Managers Program provides a forum for like-minded farmers from across Australia and New Zealand and a range of agricultural sectors to come together to share ideas and best-practice.”

Now in its twelfth year, more than 300 farmers have graduated from the program with this year’s Farm Managers Program to be held from June 18 to 23 in South Australia’s Barossa Valley.

With strong demand expected for a place on the program, and only 36 farmers accepted in this year’s intake, young progressive primary producers are urged to apply before April 13 at www.rabobank.com.au/bmp


Rabobank Australia & New Zealand Group is a part of the international Rabobank Group, the world’s leading specialist in food and agribusiness banking. Rabobank has more than 115 years’ experience providing customised banking and finance solutions to businesses involved in all aspects of food and agribusiness. Rabobank is structured as a cooperative and operates in 40 countries, servicing the needs of approximately 8.6 million clients worldwide through a network of more than 1000 offices and branches. Rabobank Australia & New Zealand Group is one of Australasia’s leading rural lenders and a significant provider of business and corporate banking and financial services to the region’s food and agribusiness sector. The bank has 94 branches throughout Australia and New Zealand.

Media contacts:

Denise Shaw
Head of Media Relations
Rabobank Australia & New Zealand 
Phone: 02 8115 2744 or 0439 603 525 
Email: denise.shaw@rabobank.com  


Skye Ward
Media Relations Manager
Rabobank Australia
Phone: 02 4855 1111 or 0418 216 103
Email: skye.ward@rabobank.com


Cookie Notice
We use cookies to collect data when you visit our website. We do this for security and functionality purposes and to provide you with a better website experience. For more information on how we use cookies, please see our Cookies page.
OK