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Growing something lasting: continuity for the next generation
It’s more than just numbers for professional accountant Sam Notley, it’s about supporting families in one of the most rewarding and challenging fields on the planet. Agriculture.
Roberts + Morrow is a professional services network all under the one umbrella. The team includes accountants, auditors, lawyers, superannuation specialists, financial planners and even IT experts. This network is spread across offices in Armidale, Tamworth, Glen Innes, Narrabri and Brisbane, as well as IT offices in Armidale, Townsville and the Hunter Valley.
Sam Notley is a Partner at Roberts + Morrow, where he has passionately supported farmers across generations and through some of the toughest seasons they have faced. Sam points out that often the role of the accountant is considered limited to the numbers. This view is not one Sam has conformed to. He wants to be at the kitchen table with his clients, getting to the heart of what they want and what they need to make it happen.
“Good advisory work, especially in agriculture, is so much more than satisfying tax requirements. It’s about understanding the pulse of farm life; the highs, the lows, the blood, the sweat and the tears.”
Sam has worked closely with his farming clients as they look to transition the farm to the next generation. A process that can be daunting and very personal for most. One such family is the Perry family at Trent Bridge Wagyu, located in the stunning Aberfoyle area on the Northern Tablelands. For many years now, Sam has supported Charlie Perry and his family in growing his family’s large-scale seedstock and feeder operation of Wagyu cattle, with a focus on genetic analysis, phenotyping and fertility. Growing an operation like this is not for the faint of heart. Decisions have been made about purchasing more land, launching a sale initiative, introducing more management power, succession planning for a continuing and sustainable future, all the while navigating those frequent challenges, like the weather and the markets.
“Succession planning is a journey all on its own. It's bringing everyone who's involved, into the planning process, all the stakeholders, all those attached financially and emotionally. It takes time. It's more than a conversation with mum and dad or a conversation with off-farm son or off-farm daughter, it's about taking baby steps each and every week. But most importantly, it’s about bringing it up regularly, giving people the chance to speak, because when it's too late, it's too late.”
Success in farming isn’t just about the figures or tax implications. It’s about making sure the next generation have something they can confidently continue to develop. That’s what Sam is passionate about, helping families like the Perry’s grow something lasting.
Thank you to the Perry family of Trent Bridge Wagyu for being a part of this column. The annual Trent Bridge bull sale will be held 4th September, 185 Elite Sires, on farm and online via AuctionsPlus.
R + M www.rm.net.au
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Trace minerals are required for optimal growth, reproduction, and immunity. Optimising trace mineral status relying solely on oral supplements across a herd may fail because of variation in individual intake and reduced absorption due to antagonism of other ration components and minerals. The use of injectable trace mineral supplements has been associated with positive reproductive outcomes including improved conception rate, increased odds of pregnancy and greater final in calf rate. A study conducted on 2,168 dairy cows, administered injectable trace minerals, four weeks prior to calving and again four weeks prior to the start of mating showed treated animals had a 3.3 per cent greater final in-calf rate, and a reduced time from start of mating to conception, compared to control animals 1 . The Importance of B12 Dr Carl Eden, Technical Services Veterinarian with Boehringer Ingelheim says “Vitamin B12 is sometimes referred to as a ‘super vitamin’ because it is only required in very small amounts but vital to many essential metabolic pathways. However, demand for B12 can vary considerably during the year and we see serum levels of B12 fall at critical times, such as the first few months after calving.” Vitamin B12 contains cobalt, so deficiency in cobalt can lead to deficiency in vitamin B12 because ruminants get most of their B12 as a byproduct of ruminal fermentation where the bacteria in their rumen assemble B12 from cobalt for use by the cow. Sub-optimal trace mineral and vitamin B12 status at calving, mating, and drying off has been shown to negatively impact growth, reproduction, and immunity. Using a trace mineral injectable containing vitamin B12 can improve trace mineral and vitamin B12 status at these critical times. Marks-Min with Vitamin B12 – The Evidence In the largest trace element study to date, Marks-Min Injectable Trace Mineral with Vitamin B12 demonstrated remarkable results when compared to a reference trace mineral injection. “Given the differences between Marks-Min and other products on the market, we wanted to generate a compelling data set to demonstrate how effective it was compared to the pioneer product. We entrusted this work to a third-party research company” says Dr Eden. “We chose farms that were at the top of their game from a reproductive perspective. We made sure that the farms had no evidence of trace element or vitamin B12 deficiencies or excess.” Across all outcomes of interest, Marks-Min demonstrated clear non-inferiority when compared to the reference product. Outcomes measured included submission, pregnancy and conception rates, and six week in-calf rate. Marks-Min demonstrated it is highly suited as an alternative treatment to the reference product. Reference: 1. Hawkins, D., and B. V. S. Franklin. New Zealand Dairy Veterinarians Newsletter 24 (2007): 12-16 Company website: livestockfirst.com.au Company email address: CustomerCare.Australia@boehringer-ingelheim.com Company video: https://vimeo.com/1138807630?fl=pl&fe=cm
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