No 430 - Friday's Club Notes

The “Club Notes” for Friday, the 7th of February, 2025.

By Dwain Duxson - An Ag Enthusiast

Is it the era of OPM and OPP?

On our trip to Kerin ag on Sunday we learnt something we already knew. That's Nigel is a big fan of OPM, which translates to "Other People's Money". He is in the camp of, if you want to get ahead in Ag you have to use OPM. Some firmly agree, and others will argue here that gearing yourself up with debt is a backward move. But you only have to look at who has got ahead in Ag in the last 20 or 30 years; it's those that have expanded and used the compounding effect of Land price increases to build wealth that provides equity to keep building. Farm industry leaders say that Australian Agriculture has a capital drought problem. And if we want to fill our potential as an Agricultural nation, we need way more than what is available currently. I would be interested in your opinion on using OPM. But I have another one, OPP, which translates to "Other People's Property". So my thinking here is if you have developed a great Livestock or Cropping model, then you have the opportunity to replicate it on other people's Property. In this high Land price era, could it be better to lease, sharefarm or come up with some other model (OPP) where you use the OPM on the operational side of the business only? I alerted you of this Podcast featuring Kee Jim recently; it's a brilliant one for getting ideas on the right business models, which could be a segway into using OPP. A good question would be, is our Farming life to short not to be using OPM and/or OPP? Reply to [email protected] or 0427 011 900

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What’s in the paid section today:

Story 2 - Does our short-form newsletter need to be shorter-form?….

Story 3 - WTF - The secret Dingo breeding program…..

Number of articles and images - 88 cracking bits of Farming and Ag info and news, including 19 funnies and 8 just sayings.

Number of Farmer replies - 7 good ones today.

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