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Farm businesses spent nearly £1bn more on agricultural inputs and services in 2018 and the data shows UK farmers’ total incomes fell by 18% due to rising input costs. Here are some suggestions from independent agronomist Gary Hartley on how to manage this price volatility. […]
When it comes to providing a safety net to agriculture, the United States’ government-backed crop insurance is something farmers will wistfully mention when they hit difficult times. But the natural disaster experienced by growers in the Midwest in recent weeks shows that government support can’t always be as effective as it sets out to be […]
The sheep industry has repeatedly warned how catastrophic the results would be if a Brexit deal can’t be reached. Over 30% of the UK’s sheep production is exported, with more than 90% of that figure heading to Europe. In its 2019 outlook report, consultant Andersons says labour and concentrate use are responsible for the biggest variations between farmers who generate positive margins and those who don’t. […]
In 2019, input price volatility is expected to be a pressing factor for UK farmers as the weather condition of 2018 and energy inflation take their toll. Larger businesses can benefit from economies of scale and ever-improving levels of technical efficiencies and output. Key areas to drive efficiencies on-farm are likely to be genomics to increase output […]
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. […]
The January USDA report is important as it would finalize the 2018 crops helping everyone in the supply chain plan for the coming season. Without the monthly guidance the USDA offers, potential corrections in the future may be large and this can amplify price volatility. This impact is all the more exaggerated as the CFTC’s Commitment of Traders (COT) report […]
The US has passed a new farm bill which is similar to its 2014 predecessor and the UK is debating a bill that would result in a major change in agricultural policy. The bill is the first of its kind in nearly 50 years, focusing on UK agriculture policy without the Common Agricultural Policy (CAP) of the EU and direct payments based on acreage. […]
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