# 40 - Analysing Risk in Farming Systems

# 40 - Analysing Risk in Farming Systems

How exposed am I? Assessing and managing risk within our farming systems.

I love the principle that in order to succeed, it is the business with the most robust and strategic business model that gets the results. Often it is the quality of our business model and how we execute on this model that is the difference between the average and the top 20%.

With this in mind, and based on your most recent years of performance, how robust and risk-aware is your business model? We operate in a unique climate, with unique economic factors, relative to farmers in other countries, and a high exposure to price variability and international markets. We operate businesses based on biological systems often exposed to the vagaries of our environments and the markets.

In this podcast, I am pleased to interview my father, Tim Hutchings, and discuss risk and volatility in Australian Agriculture. We explore the importance of designing risk-aware and long-term sustainable farming systems that have inherent flexibility, focused on minimising losses as much as pursuing windfall profits.

Dr. Tim Hutchings is a successful farmer and farm consultant in the Riverina, NSW. He is a Nuffield Scholar and Researcher and has recently completed his PhD analysing and (for the first time) quantifying risk and volatility of our farming systems.

As we dust ourselves off from the challenges of a dry season, reflect and reset for a new season, I encourage you to use this podcast as your opportunity to deeply interrogate the appropriateness of your current farming system, and as a catalyst to ask better questions and consider making some deliberate and measured changes.

Enjoy this podcast!

Regards,

Jeremy Hutchings

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Episoder(193)

# 193 - The 3 BIG Mistakes Grain Growers Are Making And What It’s Costing, with Market Check Leaders, Brett Stevenson & Nick Crundall

# 193 - The 3 BIG Mistakes Grain Growers Are Making And What It’s Costing, with Market Check Leaders, Brett Stevenson & Nick Crundall

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# 192 - The Incredible AgriWebb Story – Part 2 with Co-Founder, John Fargher

# 192 - The Incredible AgriWebb Story – Part 2 with Co-Founder, John Fargher

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# 191 - The Incredible AgriWebb Story – Part 1 with Co-Founder, John Fargher

# 191 - The Incredible AgriWebb Story – Part 1 with Co-Founder, John Fargher

John Fargher grew up on a remote family station in the Northern Flinders Ranges, where distance, drought, hard work and innovation were simply part of life.  He saw first-hand how quickly farming can...

8 Mai 59min

# 190 - Are Your Business Structures Impeding Your Farm Business’s Success? with Andy Fenton

# 190 - Are Your Business Structures Impeding Your Farm Business’s Success? with Andy Fenton

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# 189 - Fertiliser & Fuel Prices: How to Lead Through This New Economic Uncertainty with Tracy Secombe & Sam Johnsson

# 189 - Fertiliser & Fuel Prices: How to Lead Through This New Economic Uncertainty with Tracy Secombe & Sam Johnsson

Are you concerned by the uncertainty surrounding increased fuel prices?     Is the current global turmoil challenging your view on how to best navigate this season?    The biggest risk right now is no...

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# 188 - Knowing Your Numbers How to Build A Stronger Farm Financial System with Jayne Walsh, Tim Fowler, Renee Nicholls, and Bec Balfour

# 188 - Knowing Your Numbers How to Build A Stronger Farm Financial System with Jayne Walsh, Tim Fowler, Renee Nicholls, and Bec Balfour

This week, Sam Johnsson hijacks the podcast while I’m off on a skiing holiday in Austria and he takes on a topic that might not sound flashy, but can quietly change everything in a farm business: buil...

26 Mar 42min

# 187 - Legacy Isn’t Land: Rethinking What Succession Success Looks Like with Mike Stephens

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Selling the family farm can feel like the ultimate failure. For a lot of farming families, it can carry guilt, grief, and the sense that something precious has been lost.     But Mike Stephens challen...

12 Mar 49min

# 186 - An Overheated Stock Market Crash in 2026? How to Get Ready with Terry Tran

# 186 - An Overheated Stock Market Crash in 2026? How to Get Ready with Terry Tran

As we step into 2026, there’s a lot of noise out there.    Geopolitical tension. AI hype. Market highs. Media drama.    And if you’re a farm owner trying to make steady, strategic decisions in the mid...

26 Feb 42min

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