“For Hebron Farming, how their business is structured and how it came about is really interesting,” Lucy says.
“Everyone across the two families chips in and helps out. It’s a good example of what can be done when you think outside the box.”
Before embarking on their West Coast journey, Michael and Cheryl already had experience with business relationships, having previously farmed with Michael’s parents in Marlborough. They also had a strong relationship with their accountant, who helped crunch the numbers on how a partnership with the Russes could work.
Michael also bounced the idea off other sector support in his network.
The shared ownership model, says Michael, is “a good way to combine experience and knowledge and use combined finances”.
Before launching into the farming business, the couples had serious business conversations.
“We had to be fairly open on both sides about exactly where we were financially, so we could know what the possibilities are,” Michael adds.
“We treat it kind of like a marriage. Communication is key. If we have disagreements, we work through them. We have the same goals and mindset,” Caleb says.
“Being equal owners gives us the best options for tax and ensures no one is able to strong-arm anyone else,” says Michael.
Lucy highlights their strong communication and teamwork, noting how they play to each other’s strengths. She also points to practices that go against the usual norms – like taking a golfing day in the middle of calving.
“They work seven days a week at that time of the season and milk once a day season-round, but the fact that they can take time out at peak calving speaks volumes about their priorities.
“They make sure they’re not run off their feet and can enjoy the lifestyle dairy can give. It also challenges our assumptions as researchers and shows what farmers are actually doing.”
The mating period is another example. Because the team do much of their own tractor work and pasture conservation – mowing, raking and baling – the mating period can be busier for them than calving.
“Another example going against our assumptions,” Lucy says, “but it works for them and their system — largely because they focus on profit per hour worked as a key driver of productivity.”