It's been a challenging year to date with social distancing now the norm. Fortunately, many of us in agriculture can isolate in wide open spaces and continue our work.
I'm sure everyone has received a bunch of emails about COVID-19, so we're going to skip right to the point of looking out for each other. It's going to be a very difficult year...there's no sugar coating it, so check in with family and friends often.
While the grocery stores are being picked over, disruptions in the supply chain are sporadically causing the effect of an oversupply in livestock markets. The problem we see is that retail demand is overloading packing capacity, couple that with the risk of plant closures due to outbreaks and we expect to see volatile market conditions for at least the next six months.
The good news...farm gate sales going gang busters! My hope is that this is the trigger to help consumers see the value in local production of everyday necessities.
First up, feed inventory is now live. By default, you have a single inventory value and it can be adjusted by:
1. Manually set the figure on the feed product.
2. If you record a purchase of the feed product through the finance module, the inventory will go up.
3. If you record a sale of the feed product through the finance module, the inventory will go down.
4. If you record a feed out event, the inventory will go down.
Nb. We expect to launch the harvest event in late April which will also increase inventory. This event will be associated with paddocks / pastures and included as part of the utilization.