Profitability and Farm Costs
Following Chris' report this week, Will and Ben are joined by Kite consulting’s Eliot Greenfield consultant based in Cumbria with special interests including business management and planning, ruminant nutrition and technical consultancy, Scottish Dairy Farmer Robin Campbell, and podcast producer Becki Reay, who thinks it was a good time to look back on farms costs and profits for the last financial year and reflect on what is ahead. The group discuss current market situation, cost of production, and how profitable dairy farmers are looking 6 months into financial year. Eliot goes on to advise what should business owns be doing…Is this a time to invest or hold on to the cash?