Our focus with investors is the same as with aspiring farmers and retiring farmers. We get to know what you want in your farm and then focus on finding the right farmers to build a relationship with. So we are focusing on finding the best aspiring farmers to have a coffee with the investors, get to know them, see if values align and if they do, you go off together to hunt for your farm.
We held our first farmer Friday frothy in Kyneton Victoria and it was a lot of fun. We had aspiring farmers and retiring farmers and people from the ag industry. Lots of mingling and discussing farm ownership plans.
Sure they might struggle to get through financially, even they may have to end the lease, but do you see what respect they will get from a retiring farmer or investor for what they have done? Off their own bat they have found a way to get farming in trying a situation and in a business that is really expensive to get going.
We have three farmers we are working with right now who have contacted us because they have heard we can find creative solutions to their farm ownership issues. We have three with aspiring farmers looking to secure land that is ear marked for them, but they need the finance solutions. And we have one farmer who has some gun farmers but needs to find debt solutions to help them onto the farm and share ownership.
You may know that Tim and Tegan Hicks (co-founders) are on the hunt for more land to lease. Their 1000 acre lease, which they have had for 2 years, runs out in October. So they have been trying every trick in the book to find more land for their cattle. They have had to sell their sheep but are keen to hold onto their cattle herd.