£200/t wheat ...

Wombat

Member
Location
East yorks
Seems better than the £60 /ton offered in the late 1990's......
But yes, £200 is nothing to write home about. Should be nearer £1000 / ton to get back to the buying new tractors era of the 1960's/ 70's.
Got to keep the price low though, so big boys can carry on hoovering up all the small farms... :ninja:
Just imagine the rents some would be paying if it was £1000 a tonne 😂
 

Hindsight

Member
Location
Lincolnshire
yep - has took me 30yrs to realise it but farming is a game you really can’t win !

Isn't that true for the basic producers of any commodity product? Unless the producer can gain market control - and that is possible only by government controlled producers, not for tiny individual producers in a wider 'market' such as farmers. Question set by your economics lecturer in second year at Harper I would have thought. It was set in my first year at Newcastle! Presumed with hindsight he was testing our resolve in studying Agriculture rather than any of thee other degree courses on offer! But we were to dumb to be able to understand!

But it is good to see you enjoy and find the game interesting - that is worth a small fortune.
 

Clive

Staff Member
Arable Farmer
Location
Lichfield
Isn't that true for the basic producers of any commodity product? Unless the producer can gain market control - and that is possible only by government controlled producers, not for tiny individual producers in a wider 'market' such as farmers. Question set by your economics lecturer in second year at Harper I would have thought. It was set in my first year at Newcastle! Presumed with hindsight he was testing our resolve in studying Agriculture rather than any of thee other degree courses on offer! But we were to dumb to be able to understand!

But it is good to see you enjoy and find the game interesting - that is worth a small fortune.

plenty mining, oil and gas companies have done ok as primary producers

our issue is we are price takers not price makers
 

Hindsight

Member
Location
Lincolnshire
plenty mining, oil and gas companies have done ok as primary producers

our issue is we are price takers not price makers

Yes I thought you might come back with the Rio Tinto BP comment / argument. I almost included that in my initial reply - but restrained to the reference to 'government size producers'. And thus I will say in reply that comparing Rio Tinto to a 2000 acre wheat farmer in UK or anywhere else is comparing apples with pears. I need to find that essay from a long time ago to see what wrote then - as it was indeed referenced. I think I used the example of OPEC then - as it was at the time very pertinent. I am old of course.

Cheers for reply. Good fun.
 

Steevo

Member
Location
Gloucestershire
Yes I thought you might come back with the Rio Tinto BP comment / argument. I almost included that in my initial reply - but restrained to the reference to 'government size producers'. And thus I will say in reply that comparing Rio Tinto to a 2000 acre wheat farmer in UK or anywhere else is comparing apples with pears. I need to find that essay from a long time ago to see what wrote then - as it was indeed referenced. I think I used the example of OPEC then - as it was at the time very pertinent. I am old of course.

Cheers for reply. Good fun.

On then other end of the scale, Hanson, Bredon, Cemex, Tarmac haven’t done too badly either. Even down to the little guys who buy the stone and sell it transported.

They can corner the market a bit easier though as there are only so many quarries and distance matters.

Farms are two a penny, and cannot deal direct but almost all is done via multinational merchants.
 

Hindsight

Member
Location
Lincolnshire
On then other end of the scale, Hanson, Bredon, Cemex, Tarmac haven’t done too badly either. Even down to the little guys who buy the stone and sell it transported.

They can corner the market a bit easier though as there are only so many quarries and distance matters.

Farms are two a penny, and cannot deal direct but almost all is done via multinational merchants.

Yes, and as publicly quoted businesses have to perform financially with returns over the longer term. Been very few publicly quoted farming businesses and those that have have not lasted very long on the stock market. Your quote explains why. Many, many farms, and with different financial objectives, or actually acceptance of financial outcomes. Ah well, takes me back to those days writing economics essays. I just need to get Teardrop Explodes on Spotifiy and I can pretend am young again - pity the aching back brings me down to earth with reality. Cheers.
 

glasshouse

Member
Location
lothians
Yes, and as publicly quoted businesses have to perform financially with returns over the longer term. Been very few publicly quoted farming businesses and those that have have not lasted very long on the stock market. Your quote explains why. Many, many farms, and with different financial objectives, or actually acceptance of financial outcomes. Ah well, takes me back to those days writing economics essays. I just need to get Teardrop Explodes on Spotifiy and I can pretend am young again - pity the aching back brings me down to earth with reality. Cheers.
Many large farms are in it to lose money
 

fudge

Member
Arable Farmer
Location
Lincolnshire.
Yes, and as publicly quoted businesses have to perform financially with returns over the longer term. Been very few publicly quoted farming businesses and those that have have not lasted very long on the stock market. Your quote explains why. Many, many farms, and with different financial objectives, or actually acceptance of financial outcomes. Ah well, takes me back to those days writing economics essays. I just need to get Teardrop Explodes on Spotifiy and I can pretend am young again - pity the aching back brings me down to earth with reality. Cheers.
Blimey you should never have carried those sacks of beans up those granary steps.
 

Update on the Sustainable Farming Incentive pilot

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Update on the Sustainable Farming Incentive pilot

Written by Lisa Applin

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In July, we opened the applications window for farmers to join our Sustainable Farming Incentive pilot.

The Sustainable Farming Incentive is 1 of the 3 new environmental land management schemes. It sits alongside the future Local Nature Recovery and Landscape Recovery schemes.

Through the Sustainable Farming Incentive, farmers will be paid for environmentally sustainable actions – ones that are simple to do and do not require previous agri-environment scheme experience.

We are piloting the scheme to...
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