But how much of the money will stay in your pocket once you’ve paid for all the soil testing and fancy seeds, and established the fancy seeds?
It will probably equate to about £6 an hour for all your time input.
If prices do turn upwards there will be a rapid and substantial turnaround.
I think there is however a fair overhang of old crop chipping supplies to contend with in the short term. They will be no good by October anyway.
Some of the most successful farmers I know had full control of their business at a young age, often because they lost their father at a young age. Perhaps some others who lost their father early on mismanaged the inheritance and disappeared into obscurity, I don’t know.
What I do know is that...
Pay your money and get it drafted properly.
For example, did you know that the terms of a partnership agreement take precedence over the will of a partner? If the two documents do not agree you are leaving yourself open to all sorts of problems.