Categories: Agribusiness

Personalised banking relationships are essential for farmers

Tsitsikamma dairy farmer, Nigel Lok, has 920 Holsteins producing 25 000ℓ of milk per day, and a total herd of…

‘Nedbank helped me to finance my farm in 1997, as well as all the systems and improvements on the farm. I have now been with Nedbank for 21 years, and I have a 15-year relationship with my Nedbank business manager, Anton du Preez, who knows my farm and my family. He’s based in Humansdorp, and I’m in contact with him weekly,’ says Lok.

‘My philosophy is I don’t want to owe money to 10 different institutions. All my debt is with Nedbank. I only have to make one call to Anton when I’m looking to expand or invest in new technology, and this will continue into the second generation when my oldest daughter, Tanya, an attorney with a love for dairy farming, takes over from me.’

Nigel uses a computerised herd management and feeding programme he helped to develop, which has increased milk production by 30% with the same cost input.

He’s on top of biosecurity and preventive medicine, including dipping, dosing and inoculating.

‘Animal health and hygiene are paramount. You have to be so careful with every procedure, and I’m really proud to say that South African milk is up there with the best in the world.’

Recent Posts

Rethinking sustainable development

Growing awareness of the interconnectedness between water, energy and food security is resulting in a more holistic way of measuring…

11 hours ago

Taking steak to the next level

Steak can be cooked and served in a variety of ways, but this Asian-inspired marinade can turn even the tastiest…

16 hours ago

Land: access vs ownership

The one crucial point that should not be forgotten by all the organisations and political parties representing, or claiming to…

2 days ago

Agri interventions key to Ramaphosa’s economic stimulus package

President Cyril Ramaphosa announced that government has reprioritised funding towards an economic stimulus package that would focus on agriculture, among…

2 days ago

Biosecurity: your first line of defence against disease

Dr Fambies van Biljon, veterinarian at Sovereign Foods, talks to Glenneis Kriel about the crucial need to establish a well-run…

3 days ago

Local manufacturers seen at Royal Show

Every year, the Royal Show features exhibitors and agricultural equipment quite different from those at Nampo. The Royal Show is…

3 days ago

This website uses cookies.