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<blockquote data-quote="Cowabunga" data-source="post: 7937770" data-attributes="member: 718"><p>I’ve actually been talking with someone tonight who knows of several farmers, some quite large dairy farmers, that cannot pay any bills currently. Not a penny. What hope have they of paying £18,000 for a truckload of AN to produce the grass they must have for their predominantly Spring calving herds? Their banks will not increase their lending and they will not have any milk cheque until March at the earliest. </p><p>People underestimate the financial stress of many farmers out there. I think this will be a crunch year for more farms than usual. Personally I hope that farm gate prices will increase substantially faster than costs, because many farms do not have any slack whatsoever. One wonders why they bother with the stress that it must involve.</p><p></p><p>Others are doing OK of course, as usual. Its the ones at the two extremes that are under pressure. The ones with little borrowing but little income to live on either. At the other extreme, the very modern units that have expanded and invested heavily; too heavily with high costs and overheads.</p></blockquote><p></p>
[QUOTE="Cowabunga, post: 7937770, member: 718"] I’ve actually been talking with someone tonight who knows of several farmers, some quite large dairy farmers, that cannot pay any bills currently. Not a penny. What hope have they of paying £18,000 for a truckload of AN to produce the grass they must have for their predominantly Spring calving herds? Their banks will not increase their lending and they will not have any milk cheque until March at the earliest. People underestimate the financial stress of many farmers out there. I think this will be a crunch year for more farms than usual. Personally I hope that farm gate prices will increase substantially faster than costs, because many farms do not have any slack whatsoever. One wonders why they bother with the stress that it must involve. Others are doing OK of course, as usual. Its the ones at the two extremes that are under pressure. The ones with little borrowing but little income to live on either. At the other extreme, the very modern units that have expanded and invested heavily; too heavily with high costs and overheads. [/QUOTE]
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