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A Victorian farm is ordinarily one of the last places you would go to find out about Russia's war with Ukraine.

But a Russian embargo on foods such as beef, pork, milk and dairy could affect farms like this around Australia.

David Jochinke, 36, a third-generation grain farmer in Murra Warra, in north-western Victoria is thinking not only of his colleagues who will be affected by the sanction, but also Ukrainian farmers closest to the conflict.

Third-generation Victorian grain farmer David Jochinke empathises with Ukrainian farmers.

Third-generation Victorian grain farmer David Jochinke empathises with Ukrainian farmers.

Taking risks, he says, is part and parcel of living on the land, whether they are based on the weather or changes in the global market. 

"A lot of their equity is tied up ... in the farm so wherever that's jeopardised it can create stress and you second-guess the decisions you'd easily make on any other day," he said.

"It's the unknown that is the scary part, not knowing how this plays out for them individually ... I'd really like to know how my bottom line will change."

The government needed to look to all possible alternate trading partners to assist affected farmers, he said, citing Indonesia as a possible candidate for increased trade: "Ensuring we get as many opportunities, or customers, is the first thing the government should be doing."

Australia does not export much grain to Russia. But Mr Jochinke said the embargo could also indirectly affect grain prices, if Russia produced more than it needed this harvest.

"To get rid of that grain they'll need to pick other markets ... if countries ratchet up more sanctions against Russia it will affect the market we traditionally supply, for example the Middle East."

He has locked in prices for about 10 to 15 per cent of his upcoming harvest to take advantage of increases in the international grain market in recent days, but says more will be known in the coming weeks.

Mr Jochinke, who is also the vice-president of the Victorian Farmers' Federation, said farmers should talk to their manufacturers to identify whether any, or how much of, their produce goes to Russia. He also encouraged them to talk to their families and financiers to make sure they were not exposing themselves to any unnecessary market risks.

"I can only name a handful of producers that are big enough to export themselves out of Australia. At this acute time people should be aware of where they're hitting."