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Farm Business
Agricultural Matters
Agents’ cheery outlook post-BPS
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<blockquote data-quote="Spud" data-source="post: 7370600" data-attributes="member: 78"><p>Think I'd be getting a new agent if that's as much positivity as he can muster!</p><p></p><p>My take on it?</p><p></p><p>High priced short term FBT's are out.</p><p>For those looking to retire, the exit incentive might well be attractive, and in doing so, present opportunity for others.</p><p>ELMs in all its forms will assist in providing increased productivity, opportunity and profitability, but imo won't pay (in cash income terms) much more than the likes of ELS now.</p><p>Stand still, go backwards has been true for decades, and remains so. We have a few years to set up new enterprises, adapt and plan to replace bps income, and must use the time wisely.</p><p>Anyone not profitable without bps should be asking hard questions of themselves anyway.</p><p>It's oft talked about threatening the family farm - in practice, a lot are the most resilient of all, particularly the owned & paid for ones.</p><p>A diverse spread of enterprises spreads risk</p></blockquote><p></p>
[QUOTE="Spud, post: 7370600, member: 78"] Think I'd be getting a new agent if that's as much positivity as he can muster! My take on it? High priced short term FBT's are out. For those looking to retire, the exit incentive might well be attractive, and in doing so, present opportunity for others. ELMs in all its forms will assist in providing increased productivity, opportunity and profitability, but imo won't pay (in cash income terms) much more than the likes of ELS now. Stand still, go backwards has been true for decades, and remains so. We have a few years to set up new enterprises, adapt and plan to replace bps income, and must use the time wisely. Anyone not profitable without bps should be asking hard questions of themselves anyway. It's oft talked about threatening the family farm - in practice, a lot are the most resilient of all, particularly the owned & paid for ones. A diverse spread of enterprises spreads risk [/QUOTE]
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Agents’ cheery outlook post-BPS
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