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Profitable Farmer

Farm Owners Academy
Profitable Farmer
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  • # 178 - What Is The Future For? Wool Can It Survive? With Jamie & Will Swales
    Australia’s wool sector is still feeling the pinch. There’s no doubt the last couple of years have been challenging, with recent decile two and three prices making it hard for many businesses to stay afloat. But despite these obstacles, the Swales of Woodlands set an example of resilience. They’re carrying 150 years of family heritage into the future, proving that even in the face of adversity, there are opportunities to adapt and thrive.   This week, I’m joined by Jamie & Will Swales both proud Platinum Mastermind Alumni from Woodlands, a 4,265 ha merino operation 55 km west of Armidale in NSW’s New England. This year marks 150 years of their family farming this property, with children Will, Georgia and Angus representing the sixth generation. Congratulations to Jamie, Angela, and their family on this incredible milestone.   In this conversation, we dig deep into: The significance of 150 years of family farming at Woodlands, discussing how the farm has evolved and the connection to family heritage. The current state of the wool industry, including the impact of falling production, shifts in global demand and the disconnect between auction room price signals and actual consumer uptake. Strategic responses to tough times, including pivoting to cattle during drought periods and focusing on merino genetics to improve wool production. The industry's need for action on mulesing, with Jamie and Will stressing the importance of addressing animal welfare practices and marketing efforts to meet consumer expectations and boost demand. Will also shares his personal journey into the wool export industry through Endeavour Wool Exports, a company that’s become one of Australia’s largest wool exporters in just a few short years, now exporting around 220,000 bales annually. Will's role at Endeavour involves helping farmers navigate the export process and connecting them to the global market, offering direct-to-farm services and auction support. You can learn more about Endeavour Wool Exports by visiting their website here or by emailing Will directly at [email protected].   Whether you’re a wool grower, a farmer considering merino, or someone keen to understand what levers can shift an entire industry, this episode is for you. BONUS: Get the exclusive! Hutch catches up with Will Swales 10 days later about his recent trip to China, where he joined a group of young wool producers to tour processing mills. Will shares his insights into the industry's future, with mills investing in state-of-the-art machinery and expanding production. He also talks about advocating for Australian wool growers at the Nanjing Wool Market Conference, highlighting the need for price adjustments as production continues to decline. Will’s message seemed to resonate, with the wool market rallying soon after. A huge thanks to Jamie & Will for sharing their industry knowledge and practical insights into sustainable farming, wool genetics, and navigating global market challenges. Your experience and forward-thinking approach are invaluable to anyone looking to understand where the wool sector is heading and how they can adapt for the future. Till next time, Jeremy Hutchings & the Farm Owners Academy Team P.S. If you’re feeling the pressure of navigating industry challenges like falling wool prices, shifting demand, or tough times on the farm, the 2026 TOP Producers Workshop is tailored to help you tackle these hurdles head-on. We’ve created this workshop to address the unique challenges farmers like you face, so you can stay ahead in the game. Secure your spot here.
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  • # 177 - Premium, High Marbling Lamb Is Here. With Tom Bull from LAMBPRO
    After more than 15 years of focused breeding, data collection, and persistence, Tom Bull and his team at LAMBPRO have achieved what many thought was impossible: the creation of KS7, a Marble Score 7 lamb, developed in partnership with Meat & Livestock Australia, Endeavour Meats, and chef Matt Moran.    This high-marbling lamb delivers the same eating quality, juiciness, and tenderness that consumers love in premium beef. But this story isn’t just about a product. It’s about the vision, innovation, and belief that Australian lamb can compete on the global stage for the most discerning markets.    Tom shares the journey from identifying high-marbling Hampshire Down genetics to developing grading technology that can now grade lambs accurately on the processing floor. He also reflects on what this means for producers and how the industry can evolve to attract young people, reduce labour, and build more efficient, profitable sheep enterprises.    Specifically during this episode, we unpack:  how genetic discovery and grading technology combined to deliver the world’s first Marble Score 7 lamb;  how labour efficiency and youth engagement are shaping the next era of sheep production; and  why Australia’s future lies in premium, not commodity markets, serving the “Uber-premium” consumer who values quality over quantity.  Tom Bull’s work is proof that persistence and vision can move an entire industry forward and that Australian producers are ready to lead the world in innovation and eating quality.     You can learn more about Tom and his work at https://www.lambpro.com.au/    A huge thanks to Tom Bull for his time, insight, and unwavering commitment to raising the bar for Australian lamb.    P.S. Innovation like Tom’s doesn’t happen by chance. It comes from clear goals, smart planning and bold action. The TOP Producers Workshop in Sydney on the 16th & 17th February 2026 will help you bring that same mindset to your farm business. Two days that change the way you lead, earn and grow. 🔥 Early bird tickets are on sale now for a limited time only! Click here to secure your spot.
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  • # 176 - Will Red Meat Prices Crash or Hold With Expert Analyst Simon Quilty
    Australian cattle and lamb markets are at a tipping point. Prices have surged to record highs, but according to leading analyst Simon Quilty, we’re about to hit what he calls “unsustainable pricing.”    Bringing over 30 years of hard-won market insight to the table, Simon Quilty has worked with top firms including Louis Dreyfus, ConAgra, DR Johnston, and FC Stone. Today, he helps large financial institutions and farmers alike make sense of the complex forces shaping the red meat sector.    In this episode, Simon delivers a no-nonsense forecast: cattle rallying up to 750c/kg before falling back to a new norm around 550… lambs peaking at 1350c/kg before settling at 950. These aren’t guesses. They’re grounded in global supply shocks, America’s herd liquidation, and the structural rebuild now underway in Australia.    We cut straight into the forces driving this market, including:  why America’s drought and Trump’s tariffs are reshaping global trade in our favour;  how the mass liquidation of the southern Angus herd has set the stage for a desperate chase for quality cattle;  the shift from wool into meat sheep and the rise of self-shedding breeds; and  how new global demand from China shutting out US beef to the Middle East’s booming chilled carcass trade is creating both opportunity and protection against future price crashes.    For producers, this conversation is a wake-up call. The highs won’t last forever. But there is a clear path forward. One built on understanding the new norms, preparing for volatility, and making confident decisions in a transformed market.    Simon Quilty’s analysis has never been more relevant. If you want to know where livestock pricing is really headed and how to position your business, this is essential listening.    👉 You can learn more about Simon and Global AgriTrends at www.agritrends.com    A huge thanks to Simon for his time, his candour, and his ongoing commitment to helping livestock producers navigate these markets with clarity and confidence. Simon, your insights are invaluable and we’re grateful to have your voice guiding us through such a pivotal moment for the red meat sector.    Here’s to strong seasons ahead.    Hutch & The Farm Owners Academy Team 
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  • # 175 - From Refugee To Financial Freedom - The Terry Tran Story
    At just two years old, Terry Tran fled Vietnam by boat with his parents, was rescued after days lost at sea, and spent months on a Malaysian refugee island. It was there, on Christmas Eve, that a storm claimed his father’s life, leaving his 21-year-old mother widowed with a toddler to raise.    From those humble beginnings, Terry has built a life of financial freedom, not through shortcuts but through patience, persistence and following a clear process. Along the way, he was also shaped by the kindness of others, a reminder that generosity can change lives.    In this conversation, Terry shares how he started from almost nothing, the mistakes he made chasing quick wins, and the principles he now follows to protect and grow wealth. He talks about the role of risk management and how the mindset farmers use to work through seasons is the same mindset needed to succeed as an investor.    We also explore Terry’s view on the global share markets. He explains why US-China tensions and trade tariffs have left markets sitting at unsustainable highs, why Australia may face deflation rather than inflation, and why he is holding larger cash positions to stay prepared. Most importantly, he reminds us that downturns, while uncomfortable, are often when the best opportunities appear.    Specifically, we explore:  Why managing risk and protecting your capital must always come first  How to avoid “get-rich-quick” traps and instead build wealth through discipline and compounding  How global tensions and tariffs are shaping markets, and why Australia may face deflation  Why downturns like the GFC and COVID-19 can be the best times to invest if you’re prepared     For farmers, this is both a story and a lesson. The same qualities that get you through tough seasons on-farm can also build lasting wealth off farm.    And there’s more. Terry is running an exclusive webinar for the Farm Owners Academy Community on Tuesday evening, 23rd September. This is your chance to go deeper, learn directly from him, and build the skills to invest safely and confidently.    Click the link to register your interest: https://www.thefreedomtrader.com/farmownersacademy/    Thank you, Terry, for sharing your journey and wisdom with such openness. Your generosity and guidance continue to inspire and support our FOA community.    Keep winning,  Jeremy Hutchings & the Farm Owners Academy Team 
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  • # 174 - Nothing Beats High Prices like High Prices with Brett Stevenson, Market Check
    In recent years grain growers nationally have enjoyed an extended period of strong prices and favourable market conditions.  According to grain industry authority, Brett Stevenson, Managing Director of Market Check, this may well be all about to change.  Of the back of last month’s Australian Grains Industry Conference (AGIC), I invite Brett to once again join me to give us his expert insights to the new headwinds Aussie grain growers now face in coming years.  As grain prices face downward pressure, Brett Stevenson offers invaluable insight on navigating a challenging global market – it seems clear the good times we have enjoyed may now not last forever.   With over 30 years of industry-leading experience, Brett dives into the challenges of navigating a low-price environment and offers advice on risk management, grain marketing strategies, and why the next few years may likely be tougher than many expect.  In this episode, we explore:  the impact of geopolitical tensions and changing international supply dynamics;  the challenges of managing input costs while facing long-term low grain prices’  how to prepare for market fluctuations and manage your grain marketing more strategically; and  the importance of adapting your business model to ensure sustainability in uncertain times.  You can learn more about their services and advisory offerings by visiting Market Check, with a short overview of their capability here.  I would like to personally acknowledge, the long-standing and dedicated service Market Check provides many hundreds of grain growers across Australia. Their team is passionate about supporting farmers with practical, tailored and industry leading advice to help them navigate the complexities of grain marketing, ensuring long-term success, even during challenging times.  Now more than in recent years, we need to be taking complete responsibility for our risk management and grain marketing. Whether you’re looking for daily market updates or in-depth advisory services, we advocate for Brett and his team at Market Check to ensure you're making informed, proactive and strategic marketing decisions.   This conversation is a wake-up call for grain growers: it’s not just about weathering the storm, but making smart, strategic decisions to thrive in uncertain times. By preparing now, you can position your business for long-term success, no matter what the market brings.  A huge thanks to Brett for his candid insights and for stepping in to provide much-needed clarity at this pivotal point in the grain growing season. As harvest approaches, proactive grain marketing and financial planning will position Australian growers to navigate the challenges ahead and make the most of what’s to come.  All the best for the remainder of this season!    Keep winning. Hutch & The Farm Owners Academy Team 
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About Profitable Farmer

This show is all about increasing the profitability of your farm so you work smarter and not harder. Your host, Jeremy Hutchings (Managing Director at Farm Owners Academy), reveals the best farming business tips for more leverage in your farm business.
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