Cropping

Get the cropping facts

By Country News

The Grains Research and Development Corporation is assisting growers with their farm business decision-making through the release of new national resources.

The GRDC has published another five Farm Business Fact Sheets focused on the topics of structuring your business for generational transfer; applying corporate principles and processes to the family farm; capital gains tax implications on the sale or transfer of farmland; transferring farmland into a self-managed superannuation fund; and investing in a sprayer.

GRDC extension and communication senior manager Luke Gaynor says the fact sheets are designed to inform growers’ decisions on important aspects of their farm enterprises.

‘‘The GRDC has long recognised that grower profitability is intrinsically linked to those decisions made in the farm office and around the family kitchen table, in addition to those made in-paddock,’’ Mr Gaynor said.

‘‘This is why the GRDC invests in research, development and extension which supports growers in all profit-influencing facets of their farming endeavours.’’

■The five new fact sheets can be found at http://bit.ly/2E4ZgXL