Forums
New posts
Forum list
Search forums
What's new
New posts
New resources
Latest activity
Trending Threads
Resources
Latest reviews
Search resources
FarmTV
Farm Compare
Search
Tokens/Searches
Calendar
Upcoming Events
Members
Registered members
Current visitors
New Resources
New posts
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Forum list
Search forums
Menu
Log in
Register
Navigation
Install the app
Install
More options
Contact us
Close Menu
Forums
Farm Business
Agricultural Matters
Yara profits..
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Goweresque" data-source="post: 8146435" data-attributes="member: 818"><p>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.</p><p></p><p>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.</p><p></p><p>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!</p></blockquote><p></p>
[QUOTE="Goweresque, post: 8146435, member: 818"] 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! [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
Farm Business
Agricultural Matters
Yara profits..
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…
Top