Land being ploughed© Tim Scrivener
At current wheat prices, farmers are going to have to cut costs to the bone this autumn to stand any chance of making their crops pay. But it can be hard to find a balance between cutting inputs and maximising yield and quality, so it is vital to look at both sides of the gross margin to find the most efficient system. According to Ian Bailey, head of rural research at Savills, arable producers’ costs of production (including fixed costs) […]