Understanding the costs, both fixed and variable, of producing a tonne of any crop is the first step in finding ways to maintain profitability in a period of low prices. This performance indicator is useful, both as an absolute measure (£/t) and relative to crop price (percentage of crop price). Anthony Pole Independent consultant The graph below from the latest Savills Spotlight report shows variable and fixed costs, as a percentage of crop prices for conventional tillage. The figures highlight […]