Co-ordinator Amie Pont said planning was better following rain in the area earlier this week which raised people's spirits.
A ''good'' number of registrations had been received for markets at the festival, which was planned to celebrate life in the Maniototo, including its 1950s heritage and farming and railway history.
''I think it's important for small communities to keep positive, keep reminding people we're here and we're worth spending time with.''
Last year, the festival received almost $10,000 funding, provided by the Southern Victorian Charitable Trust and Maniototo Community Board.
The free event will coincide with the annual two-day Rail Trail Duathlon's competitors arriving in Ranfurly at the end of the first day's racing.
There will be live music, entertainment and a dress-up competition for all ages.
Food, wine and local produce will be available on the day, which begins at noon at the Railway Park.
