AS Murray Goulburn went into a trading halt as it takes stock of its full year outlook, Leo Argento, a passionate dairy farmer and board candidate was closing up his farm.
The Argento family has sold their Wooreen farm to pursue other passions in retirement.
Leo said he still has an interest in dairy (the family owns another farm) but said the time was right to sell up.
“Karen and I had always said that we would step back from dairy farming at a time when we were still both fit and healthy,” he said.
“We are looking forward to spending more time with our children in Melbourne.
“We have spent 30 plus years on hands-on dairying and still have a passion for the industry.”
In September 2012 Leo was a candidate for the Murray Goulburn board.
He was ultimately unsuccessful, but has kept a close eye on the industry – it was, after all, his business for 30 years.
“The industry has found itself in a position where large volume providers are receiving better prices to the detriment of smaller suppliers,” he said.
“The board must be aware of the implications this is having on the industry – it’s not looking after new people coming to the industry.
“Do I think we got out at the right time? Is there ever a right time? I’m pleased that Karen and I have decided to move on, on our own terms, with our health and when both still enjoy farming.”
At the clearing sale Mr Argento was busy all morning and afternoon, catching up with friends and keeping an eye on the bargains walking out the gate.
A good time to enjoy retirement