Saturday, April 27, 2024

Hard yakka a constant

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Consistency and an inspiring farm ownership story helped Shaun and Tracie Baxter take the 2014 Tararua Sheep and Beef Farm Business of the Year title. The Baxters farm 980ha – 700ha effective – at Wairakau Station near Pongaroa. They worked their way up from nothing to farm ownership with very little family support. The Baxters return on capital over the past four years averaged 7% and the gross farm revenue averaged $802/ha – their economic farm surplus averaged $374/ha over the same period.
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Since farming in Pongaroa the Baxters have achieved a consistently high financial performance on a farm challenged by a difficult climate.

Their return on capital over the past four years averaged 7% and the gross farm revenue averaged $802/ha – their economic farm surplus averaged $374/ha over the same period.

Judges highlighted their simple livestock policy aligned with the farm’s capability delivering sound performances every year.

A second farm – The Range – bought last year, compliments the home block and the Baxters use the strengths of both.

The home farm has an earlier spring and is summer dry, but warmer.

The Range block is 360ha (280ha effective) and is summer safe with a later spring but more feed from December to March. This allows them to finish all stock, even in drier years.

There is 100ha of cultivatable country, facilitating
the finishing of stock, and for the past four years they have annually planted 20ha in crops. 

They subdivided the hill country early on, taking
the home farm from 25 paddocks to 54.

Shaun knows what he’s doing, why he’s doing it,
and has the numbers to back it up.

Hard work and family labour enables the business to run
on just 1.3 labour units for 7209 stock units. Tracie has
worked in the scanning and shearing industries.

Nicole and Andrew Baxter with the mixed age ewes.

The Baxters are applying 200kg/ha of the Abron mix which is stated as providing 11kg P/ha from RPR, 19.3kg S, some minor trace elements, and lime.

The cost is $118/ha plus a further $20/ha for applying it.

To get 11kg P/ha about 80kg of RPR/ha would be needed to be applied – ie: 80 x 0.14 = 11 kg P/ha.

To get 19kg S about 20kg of elemental S (90% S) would need to be added. The 200kg/ha Abron mix must be made up of 100kg RPR and elemental S.

So the rest of the mix is mainly lime as the amount of trace elements is minuscule.

Superphosphate at 120kg/ha would provide 11kg P and 13kg S at about $39/ha ($330/t ex-works).

Allowing for lime costs of about $5/ha and cartage costs of $20-25/ha, the total is $69/ha for similar inputs of P, S, and lime from the Abron mix. – Editor

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