Embracing ‘natural capital’ can give farmers extra edge

Embracing ‘natural capital’ can give farmers extra edge

Farmers who embrace native vegetation and reforestation on their properties can generate considerably extra productiveness and revenue, new analysis reveals.

A five-year research has interrogated the funds of greater than 100 cropping and grazing properties throughout Western Australia, NSW, Victoria and Tasmania.

Lead researcher Sue Ogilvy stated producers who recognised the worth of pure capital – water, soil, air, vegetation and different sources – may reap financial advantages.

“The assumption is that the more natural capital you have the less productive you’ll be,” Dr Ogilvy advised AAP.

“But our indications are that it’s actually a positive relationship, not a negative one.”

The evaluation additionally examined how producers carried out in years of extreme drought.

“Farming’s very, very variable, so we wanted to make sure that we had a picture of the representative operation of the farm,” Dr Ogilvy stated.

Angus and Lucy Maurice’s farm in central western NSW was included within the research. The couple runs merino sheep, cattle, crops and pasture-raised chickens.

Twenty years in the past, the household set a purpose to extend the biodiversity of their property.

Now, one-quarter of it’s managed regeneratively, with an emphasis on bettering biodiversity alongside livestock manufacturing.

For the rest of the farm, the main target is on manufacturing, with a rotation of improved pastures and crops.

“We’re striving to achieve a balance between production, soil health and profitability,” Mr Maurice stated.

“While we believe that regenerative farming improves soil health, we have seen production drop as we increase biodiversity and revert to more native grass pastures.

“However, if we selected to make use of improved pastures there shall be increased farm emissions to determine them, so we have to perceive this trade-off zone.”

Mr Maurice said the study helped him make better decisions about how to manage the land for both its environmental and economic health.

“We’re receiving a variety of details about the ecological state of the farm and our emissions, which is info we have not had entry to earlier than,” he said.

The preliminary research was presented at a National Farmers Federation event in Canberra on Wednesday.

Federation boss Tony Mahar said it was important for farmers to be able to measure the value of their natural capital.

“Farmers shall be higher outfitted to make selections about pure capital to make their companies productive, worthwhile and resilient,” he stated.

“One of the important thing premises for observe change with respect to pure capital is you could’t handle what you possibly can’t measure, and you will not spend money on what you do not worth.”

Researchers collaborating within the Farming for the Future venture will ship a last report on the finish of September.

Source: www.perthnow.com.au