A webinar later this month aims to help farmers better manage water price variability.
The third webinar in the Agriculture Victoria webinar series 'Understanding and managing water price variability on farm,' will run on Thursday, February 25, from 1-2pm.
Senior irrigation extension officer Rob O'Connor said the webinar would discuss ways of better managing water price variability and reducing farm business shocks in years with high water prices.
"Information provided in this webinar will assist irrigators better prepare for the future," he said.
- Spring rains and October inflows key for water prices in Murray Darling Basin
- Aither outlook for 2020/21 water year say market on knife's edge
Topics that will be covered in the webinar include:
- Short-term and long-term drivers of the water market and their impact on water allocation price.
- The impact of water market drivers on water prices in wet, average and dry seasons.
- Pros, cons, economics and tips for using different water products.
- Costing water ownership versus purchasing allocation.
- Smart water allocation purchasing strategies.
The expert speaker will be Daryl Poole, who has worked in the water industry for more than 20 years.
He works closely with irrigators, helping them to manage their water risk.
To register in advance for this webinar, go to bit.ly/AgVicWMW3.
The irrigation webinars are currently being held monthly, with the initial focus on water trading.
The next few webinars will cover topics including learnings from leading producers about farm water management, future impacts of climate change on irrigation water availability, and getting the most out of carryover water.
The webinar is funded by the Sustainable Irrigation Program, a partnership between Agriculture Victoria, Catchment Management Authorities, the Department of Environment Land Water and Planning (DELWP) and Rural Water Corporations.
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