Written by cpm
Few harvests in living memory have brought such upheaval upon growers as this one. With further uncertainty on grain markets in months and years to come, CPM speaks with Openfield about how to manage it. It’s critical cashflow doesn’t dictate your grain marketing, especially this year. By Tom Allen-Stevens If you’re looking at a disheartening heap in the barn, you’re not alone. Harvest 2020 looks like being a crashing disappointment on many fronts, with a national wheat crop down from last year’s 15M tonnes to just 10M tonnes predicted to come from the UK’s fields in 2020, according to Openfield’s Richard Jenner. “When the outcome of a harvest is disappointing, it’s very easy to talk yourself out of doing anything and focus instead on getting the next harvest established,” he notes. “While it’s important to have your market in mind before you drill the crop for harvest 2021, this year will be one of the hardest in living memory to get the marketing of the current crop right. So time taken to explore your options now is time well spent.” The first issue to address is how best to release cash available from that disappointing heap, and Richard points…
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