Price volatility is a major concern for farm businesses. “Nearly half of the UK’s farmers are not confident about their future, with price volatility identified as their biggest challenge,” according to an article in the Scottish Farmer Magazine.
Volatile prices and land availability were listed as the two biggest barriers to profitability, which echoes the feedback we get here at Stable:
According to the report, “more than half of farmers (52%) stated that price fluctuations for products sold was the current biggest limitation to business success, while a similar number (49%) saw ongoing price volatility as their biggest future limitation too.”
To read more about this research, please visit The Scottish Farmer’s report.