No, but much larger fuel/haulage bills I would imagine?As a grazier, I assume you will not be having the infrastructure and land management costs that a lot of farms, rented or owned, have to find each year. Those costs of property ownership/management are quite considerable. I could make a small profit without sub, if I didn't have a lot of those costs, or very cheap land rental so that I could use acres rather than fertiliser, lime, etc.