Yara profits..

Vader

Member
Mixed Farmer
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Goweresque

Member
Location
North Wilts
Hang on a minute. They'll be plenty of farmers making some hefty profits in the tax year just gone. People who bought AN at £250/tonne in autumn 2020 and have seen the value of what they have in the shed rise consistently since they harvested it last summer. Even this harvest may result in hefty profits for some, depending on how well they bought their inputs forward. The fertiliser manufacturers are in the same boat - anything they had in stock was suddenly very profitable, plus any forward contracts they had for gas at lower than current prices would have also resulted in extra profits.

The test will be what happens the year after, when farmers have to buy full priced inputs and fertiliser makers have to buy full priced gas and sell into a market where no-one wants to pay the high market price. Then we'll see who is making a killing, or not.

You've got to be consistent - if they are excess profits being made by the fertiliser makers because of massive rises in their ouput prices, the same could be said for agriculture. I bet there will be some farmers who triple their profits too. Perhaps they should be included in any windfall taxes.......tin hat on!
 

MrNoo

Member
Arable Farmer
Location
Cirencester
Triple their profits from zero!!! Why is it that farmers are not allowed to produce gargantuan profits like the energy companies. I guess the desire for cheap food
 

icanshootwell

Member
Location
Ross-on-wye
There all at it, energy company,s, amazon, all making BIG profits!!! I wish i had kept some grain in the shed myself, might have made a profit as well, instead, costs have doubled and wiped off any extra made.
As for all the free money the Gov were handing out, did people think they were not going to claw it back in one way or another, the war in Ukraine has proved a useful tool in making that happen.
 

capfits

Member
Not one of us has to buy if we choose.
There all at it, energy company,s, amazon, all making BIG profits!!! I wish i had kept some grain in the shed myself, might have made a profit as well, instead, costs have doubled and wiped off any extra made.
As for all the free money the Gov were handing out, did people think they were not going to claw it back in one way or another, the war in Ukraine has proved a useful tool in making that happen.
May be news to you but energy firms have gone down the swanny quicker than a bottle of champagne at a Boris Party.
Amazon's profits dropped.
I expect to make bigger profits to this year.
Plenty in other industries will not.
 

icanshootwell

Member
Location
Ross-on-wye
Not one of us has to buy if we choose.

May be news to you but energy firms have gone down the swanny quicker than a bottle of champagne at a Boris Party.
Amazon's profits dropped.
I expect to make bigger profits to this year.
Plenty in other industries will not.
I expect to make bigger profits to this year.

Don,t forget to put some aside when the tax man comes calling!!
Can,t imagine your be any better off with cost rising all the time, might look healthy on paper but in reality not so. Spend wisely.
 

capfits

Member
I expect to make bigger profits to this year.

Don,t forget to put some aside when the tax man comes calling!!
Can,t imagine your be any better off with cost rising all the time, might look healthy on paper but in reality not so. Spend wisely.
Thank you for the sage advice.
Noted
 

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Man fined £300 for bonfire-related waste offences

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Written by William Kellett from Agriland

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A man has pleaded guilty at Newtownards Magistrates’ Court to waste offences relating to a bonfire next to the electrical sub-station on the Circular Road in Newtownards, Co. Down.

Gareth Gill (51) of Abbot’s Walk, Newtownards pleaded guilty to two charges under the Waste and Contaminated Land (Northern Ireland) Order 1997, for which he was fined £150 each and ordered to pay a £15 offender’s levy

On June 25, 2018, PSNI officers went to Gill’s yard, where they found a large amount of waste consisting of scrap wood, pallets, carpet and underlay.

Discussion with Northern Ireland Environment Agency (NIEA) officers confirmed the site...
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