Australian Food & Farming Investor Update – 2020 Seeding Report

[vc_row][vc_column][vc_column_text]Australian Food & Farming has significantly increased the cropping program for the 2020 year with 14,172 hectares planted as compared with the 7,693 hectares in 2019.

The seeding program complements Aus Food & Farming’s sheep production program. The crops are planted in between years when pasture is planted and the revenues from cropping are a stable second income stream in addition to sheep sales.

COVID-19 created challenges for the seeding program. Travel and social distancing restrictions were in place throughout our seeding program and workers that we had from South Africa and other states were unable to travel to site. There were also challenges and increased costs importing chemicals from China. Notwithstanding this, we were able to complete the seeding program on time with only a marginal increase (less than 10%) in input costs from chemicals.

Click here to read the full report (report/PDF download)[/vc_column_text][/vc_column][/vc_row]