How to Business

While adverse conditions like droughts and market volatility cannot be controlled, debt can be managed. Cobus du Plessis advises farmers on how to approach debt during difficult financial times.

South Africa’s cannabis and hemp regulations remain a topic of debate and uncertainty, particularly when it comes to commercial use and small-scale production. Cannabis experts Shaad Vayej and Trenton Birch spoke to Octavia Avesca Spandiel about the challenges that small-scale cannabis and hemp farmers face.

Farming requires patience, resilience, and strategic planning. Duncan Serapelwane, owner of Moalosi Bonsmara, shares essential advice for emerging farmers, focusing on sustainability, budgeting, biosecurity, and leveraging nature for long-term success.

Volatile operating environments and consumer scrutiny are putting increased pressure on farming businesses. To navigate these challenges and stay the course, farmers must focus on four areas: succession planning, data collection and analysis, traceability systems, and reporting on their environmental and social impact.

Cobus du Plessis explores the fundamentals of budgeting for farm management, explaining its importance, the different types of budgets, and key concepts like fixed and variable costs.

Rinus de Bruin, agronomist at NWK, warns that crop production on marginal soils is no longer an option. The challenges posed by ever higher input costs mean that farmers simply cannot continue to plant on lower-potential soils, he says. Selecting the correct crops for each area is also of the essence.

Considering carbon credit schemes to enhance sustainability and create additional revenue? Dr Justin du Toit, production scientist at the Grootfontein Agricultural Development Institute in Middelburg, Eastern Cape, spoke to Roelof Bezuidenhout about the realities of these mechanisms.

PJ Veldhuizen, managing director of specialist commercial law firm Gillan & Veldhuizen Inc, emphasises the critical role of legal expertise in unravelling the ins and outs of estate planning.

Farming’s impact on the environment is not usually front of mind when buying a piece of land, but without securing environmental authorisation, farmers could find themselves in a world of trouble. Lindi Botha speaks to Ngwanarachuene Mampane, director of Westleigh Environmental Services, about remaining on the right side of the law, how to apply for authorisation and the time frame involved.

Insurability within the grain storage sector is essential but can be complicated, the delegates at Agbiz Grain’s recent Grain and Oilseeds Value Chain Symposium told Magda du Toit.

Marketing and branding is critical to help make your product stand out, reports Cobus du Plessis.

A business plan is critical if you need investors or financing. In this article, Janine Ryan looks at the basics of developing a sound and attractive business plan for your farming operation.