Nuffield Australia 2016 Scholarship winner
James Dempster from Mingenew in Western Australia received a Nuffield scholarship supplied by Grains Research and Development Corporation (Western region).
He will study innovative ways to expand the family farm, to add to existing options like buying more farm land.
In particular James will investigate: the factors that make for a successful relationship between potential investors and the family farm business; the concept of collaborative farming, which could potentially spread our risk geographically, to help combat climatic variability; and using corporate-style integrated supply chains in medium-sized, broadacre family-owned farms.
In partnership with his parents and brother, James manages a 6,000 hectare mixed crop and livestock property, with 4,500 hectares of wheat, canola and lupins in rotation, and a self-replacing merino flock for wool and meat production.
“Traditional, broadacre farming businesses have looked to expand by buying more land”, he says.
“But this is risky due to the large capital outlay, diminishing terms of trade and climatic uncertainty”
“My aim is to explore how the skills and experience of local farmers can be harnessed to attract and maintain fresh capital from investors”
James plans to use the insights gained from his scholarship experience to potentially implement new businesses structures on his property and share his knowledge with others within the industry.
He will travel to Canada, the United States and Brazil.
Location: Mingenew, Western Australia
Mobile: 0458 191 183
Returning Scholar presentation:
James Dempster is sponsored by: