Word on the Ground: Costs of Farming
I sometimes wonder how farmers keep going, as there is always someone wanting a piece of the cake. We are lucky if any of our money manages to reach the bank account!
Replacement machinery always costs considerably more than the previous machine did.
Inputs go up every year. Recently purchased Nitrogen was close to 50 per cent more than two years ago. As gas prices are low, why? Most agrochemicals go up annually and I’m sure the price is based on what they think they dare charge rather than based on its cost of production.
I have just attended an NFU Mutual Insurance meeting saying we are all at risk of having a vicarious liability – an employer being held responsible for the actions of an employee even if those actions have nothing to do with what they are employed for.
Recent Supreme Court rulings have said that claimants can go for the accused employers to get compensation. Insurance is one of our largest overheads every year and in this litigious society I can only see it increasing.
There is a great temptation to keep one’s head down and do what farmers do best and that is keep out of the office and work the land.
Here we are busy daffodil bulb lifting. Which on our light land is going well, though the bulbs are still wet from the soaking they got in June. Early indications are that the yields are going to be better than the disastrous yields of 2018.
However, the number of telephone calls asking if we have any bulbs to sell suggests that with the contraction in the number of bulb growers, it might be a seller's market at last.