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Farm Business
Agricultural Matters
Can we all carry on farming?
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<blockquote data-quote="mountfarm" data-source="post: 8010019" data-attributes="member: 90390"><p>Realistically with fertiliser prices still rising and my fuel supplier is saying Red diesel will just hit parity with white diesel very shortly, can we actually carry on?</p><p>Just looking at our combine as it’s going to cost us £45,000 in fuel alone this coming harvest if Red diesel hits £1.50/l. </p><p>Had a guy come today for an interview and he wanted £15/hour with a guaranteed 60 hour week all year round. Tried to explain to him that it’s not viable due to input prices increasing and he just didn’t get it.</p><p>We were going to spend £100,000 prior to harvest on a used tractor and a couple of pieces of used equipment but we’ve shelved that idea. I’m uncomfortable using cash reserves just to carry on farming and having a couple of years off producing crops looks very attractive at the minute. Luckily we’re diversified so could retain existing staff and be ok. What’s everybody else thinking?</p></blockquote><p></p>
[QUOTE="mountfarm, post: 8010019, member: 90390"] Realistically with fertiliser prices still rising and my fuel supplier is saying Red diesel will just hit parity with white diesel very shortly, can we actually carry on? Just looking at our combine as it’s going to cost us £45,000 in fuel alone this coming harvest if Red diesel hits £1.50/l. Had a guy come today for an interview and he wanted £15/hour with a guaranteed 60 hour week all year round. Tried to explain to him that it’s not viable due to input prices increasing and he just didn’t get it. We were going to spend £100,000 prior to harvest on a used tractor and a couple of pieces of used equipment but we’ve shelved that idea. I’m uncomfortable using cash reserves just to carry on farming and having a couple of years off producing crops looks very attractive at the minute. Luckily we’re diversified so could retain existing staff and be ok. What’s everybody else thinking? [/QUOTE]
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