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Farm Business
Agricultural Matters
Should i grow potatoes?
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<blockquote data-quote="rose pilchett" data-source="post: 2252538" data-attributes="member: 1779"><p>i would take the advice of all above re: risk</p><p> </p><p>as an accountant i have seen previously successful potato growers expand a bit too quickly at a time that corresponds with a bad year price/ weather wise</p><p> </p><p>the amount of working capital aka growing costs left out rotting in fields or sold as stock feed is never recovered and all of a sudden badly planned risk management can result in potential bankruptcy for whole farm and banks have been known to ban farmers from ever planting tatties again</p></blockquote><p></p>
[QUOTE="rose pilchett, post: 2252538, member: 1779"] i would take the advice of all above re: risk as an accountant i have seen previously successful potato growers expand a bit too quickly at a time that corresponds with a bad year price/ weather wise the amount of working capital aka growing costs left out rotting in fields or sold as stock feed is never recovered and all of a sudden badly planned risk management can result in potential bankruptcy for whole farm and banks have been known to ban farmers from ever planting tatties again [/QUOTE]
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Should i grow potatoes?
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