Feldspar
Member
- Location
- Essex, Cambs and Suffolk
The effective rent after iacs between 2000 to 2007 was negligible costs were low
but at £80 a tonne average stored to the spring it was hard to make the bank rate in return on working capital
half the farmers gave up or had their farms contract farmed
the next 12 months will see wheat 150 to 200 compared to 60 to 90. 20 years ago
if the current rate of land entry to non productive land stewardship option continues the uk grain price will be at delivered import price
imho 1million acres of arable land will not be producing in 5 years time
Way it's going I think you may be right on the stewardship land. I bought a few hundred hectares of AB8 seed to plant this year and was told that there had been a number of orders quite a bit bigger than this and that seed was about to run out. I wondered how long this train would take to get rolling. Would seem it's out of the station now. With high commodity prices how there will be a braking effect, but in more ordinary years small farms with unexceptional land will, if they can use a calculator, work out that it's better for them to put it all in stewardship rather than use their local contract farmer to grow ordinary crops which net them a relatively lower amount. Larger farms farmed in hand will find, unless they are exceptional, pretty large tracts (or entire crops within a rotation) that cannot give cropping margins that beat stewardship ones.