During the year, I buy and sell 1,000 to 2,000 crossbred lambs which I run in a feedlot, and I’ve now got about 90 crossbred ewes and 170 crossbred ewe lambs, and they will be my breeding stock for next year. “I trade a lot of sheep because it’s a good way to make money so I can build up my own flock. “I shear for about six months of the year, and I also bought a header in 2019 with NAB’s support so I could run my own cropping program and do contract harvesting to make more money.
The starting price was my finishing price and so I ended up leasing 150 acres (60 hectares) instead and grew wheat, then barley and hay. “I was going to buy a neighbour’s farm three years ago, but I couldn’t get a loan for it. “The Future Farmers program certainly made it a lot easier to get a loan for a younger person, but you’ve still got to be able to service the loan and make the land pay for itself,” Mr Keller said. Mr Keller grew up on his family’s cropping and sheep property at Nhill but left the farm at 18 to work full-time as a shearer, gradually saving enough to starting leasing land and run his own cropping and livestock operation. Wimmera mixed farmer Brad Keller, 27, of Nhill in western Victoria, is the recipient of NAB’s first loan under the program which will enable him to put an offer on his first farm. The NAB Future Farmers program was launched in January to provide more flexible loan structures including potential for reduced equity requirements and a longer repayment period, on a case-by-case basis. NAB has approved its first Future Farmers loan as it moves to help the next generation of Australian farmers purchase or lease their first farm sooner.
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