Written by cpm
Download PDF As growers seek to boost profit by reducing their outgoings, CPM delves into some of the key considerations when it comes to being efficient with variable costs, as well as advice from the experts about how to spend on fungicides. It’s about spending better – not necessarily less. By Charlotte Cunningham As UK agriculture moves quickly into the biggest period of change in over 50 years, one thing that is certain is that to remain afloat, it’s going to be crucial for businesses to ensure they remain competitive and viable. However, this isn’t a new notion for grower, Pat Thornton, who has been using benchmarking and data gathering to keep a lid on variable costs at his 150ha farm in North Lincs for some time. “Analysing our costs is actually something my grandfather introduced,” he explains. “More recently, we began using the Farm Business Survey and have been benchmarking against this for years. Benchmarking gives Pat Thornton the opportunity to challenge what the farm is doing and how they’re performing. “Benchmarking gives us the opportunity to challenge what we’re doing and how we’re performing, as well as flagging up any potential issues within the business.” Having…
The post Spotlight on costs – Take care of the pennies appeared first on cpm magazine.
Continue reading on CPM website...
If you are enjoying what you read then why not considering subscribing:
