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Arable Farming
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Fertiliser Price Tracker
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<blockquote data-quote="Tarw Coch" data-source="post: 7938193" data-attributes="member: 1008"><p>If they’re in trouble already it ain’t good, the impact of higher prices have yet to filter through for many.</p><p>I’m sure many are like me, haven’t had to pay for any of this expensive fertiliser yet and still on electricity contracts signed before energy costs soared. Milk prices are creeping up, so far covering my increased feed and wage costs, will have a bigger jump in milk price this month but that won’t hit the bank before the end of February by which time there should be some fert here to pay for, my electricity contract will be coming up for renewal and of course, income tax will have to be paid shortly, add in general inflation on just about everything else and just about everything we buy is going to get more expensive.</p><p>In the short term higher milk prices are going to struggle to keep up with rising costs, only if they persist over the longer term will they fully pay for things like fert price increases which although seasonal expenditure only pay back over a yearly cycle, fert bought now for first cut silage that will still be being fed in 12 months time.</p><p>Question is, will the milk price increases be enough and will they last long enough.</p><p></p><p>Glad I’m not running a buisness under financial pressure but certainly don’t want to be working for nothing considering the work and money involved, indeed I have long been of the opinion that there isn’t really enough in the job all things considered</p></blockquote><p></p>
[QUOTE="Tarw Coch, post: 7938193, member: 1008"] If they’re in trouble already it ain’t good, the impact of higher prices have yet to filter through for many. I’m sure many are like me, haven’t had to pay for any of this expensive fertiliser yet and still on electricity contracts signed before energy costs soared. Milk prices are creeping up, so far covering my increased feed and wage costs, will have a bigger jump in milk price this month but that won’t hit the bank before the end of February by which time there should be some fert here to pay for, my electricity contract will be coming up for renewal and of course, income tax will have to be paid shortly, add in general inflation on just about everything else and just about everything we buy is going to get more expensive. In the short term higher milk prices are going to struggle to keep up with rising costs, only if they persist over the longer term will they fully pay for things like fert price increases which although seasonal expenditure only pay back over a yearly cycle, fert bought now for first cut silage that will still be being fed in 12 months time. Question is, will the milk price increases be enough and will they last long enough. Glad I’m not running a buisness under financial pressure but certainly don’t want to be working for nothing considering the work and money involved, indeed I have long been of the opinion that there isn’t really enough in the job all things considered [/QUOTE]
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