The buzz about town is the revised payouts announced by Fonterra and Westland, which have both dropped significantly. So the pressure will be mounting this spring as farmers try to keep their heads above water. In times like these it is important to run a tight ship, not only financially but with your staff too.
Stress has a way of brushing off on to those near you, so look after yourself and bear a thought for your staff and your family who will not be immune to the pressure. A farm has many different aspects to it and a well-cared-for and oiled machine will ride out the tough times a lot smoother than one that has been roughing it or has been neglected.
Health and safety is fast becoming a huge part of operating a farm business. The Ministry of Business, Innovation, and Employment is conducting checks on farms looking at farmers' employment contracts, health and safety standards, staff time sheets and time off -- it is important to keep on top of this even in times of high pressure. We must not just aspire to be compliant but to be better than the minimum standards. I, employing five full-time staff, find it hard, but know it is essential to my success and the strength of my business.
Some of the things I have introduced on-farm, which I have observed from other farmers, have been instrumental in keeping my staff and myself smiling even in times where the belt has needed to be tightened.