Ex-SAF sharefarmer re-engaged at dairy farm now managed by agCap

Originally posted July 5th, 2019

Sharefarmer Mick Buckley on farm

agCap has recently re-appointed one of our leading ex Sustainable Agriculture Fund sharefarmers, Mick Buckley to a 580 cow dairy enterprise in Southwest Victoria. After farming in Tasmania for over ten years, Mick has adapted well to the operating environment in southwest Victoria.
In Micks words, “I am like a duck on a pond – outwardly it appears that I am swimming sedately across the pond, but underneath the surface my feet are paddling like crazy.”
The move to the mainland has been a rewarding challenge for Mick and his team.


agCap CEO, Wolfie Wagner measuring excellent pasture growth

On a farm visit in late June 2019, agCap CEO Wolfie Wagner and sharefarmer Mick measured pasture growth rates of up to 40kgDM/ha/day. Wolfie said that Mick has built a great feed wedge and has set the farm up well for the rest of winter. The current grazing interval is around 46 days, meaning that should the conditions deteriorate, Mick has room to move and could open up the rotation to avoid excessive pasture damage. Additionally, Mick was quick to calculate that his daily nitrogen use was 1kgN/ha/day; compared to many in the district that were using up to 1.5kgN/ha/day.

Mick and his partner own and operate VSF Operators Pty Ltd. The company has entered into a share farming agreement with the farm owner, facilitated by agCap, who bear the responsibility and accountability for managing the sharefarmer.
Under the proven agCap share farming model, the sharefarmer is responsible for all farm labour and provides their own farm motor bikes, vehicle and hand tools. The share farmer is paid on a fixed rate per kg of milk solids produced each month and receives bonus payments in relation to herd in calf rates and milk quality.

agCap is proud to be working with Mick and his company. “We look forward to a long working relationship” Wolfie said.