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24 November 2021
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Animal Management
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Go-Stock provides cashflow solution for young South Canterbury farming couple

Efficient and easy to use option leaves clients free to find better uses for their capital. 

PGG Wrightson offers an easy solution for on-farm cashflow: Go-Stock. Since 2016 Go-Stock has put 1.55 million lambs and 240,000 cattle onto New Zealand farms.

For farmers operating under Go-Stock, PGG Wrightson buys the stock and retains ownership. Go-Stock farmers, therefore, save on spending cash upfront, leaving them free to find other uses for their capital. 

Under a Go-Stock agreement, and with our guidance, the farmer decides when to take the stock to market. PGG Wrightson then sells them, with any resulting positive trading margin belonging to the farmer, fewer fees and selling costs.

Rob Holt and Steph Macfarlane lease four properties totalling 1100 hectares at Silver Hill, Albury, South Canterbury, where they run approximately 9000 stock units, including breeding, finishing and store stock.

Steph explains how Go-Stock benefits their business.

"We use it to trade all our lambs and cattle. About 30 per cent of our income is from finishing, which is where we use Go-Stock to manage cash flow.

"Go-Stock is efficient and really easy to use. It helps us to make sure our money goes towards our capital livestock. Being young farmers leasing property, our capital stock is our biggest focus and our most important priority. Go-Stock is such an easy process to set up and be part of.

"We would recommend Go-Stock to anyone else starting in the industry," she says.

Go-Stock is an option for sheep, cattle and deer, while a Go-Stock Dairy offer is coming soon.

For more information about Go-Stock, speak to your PGG Wrightson livestock representative here.

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