Fuel cost rise sees input inflation jump more than 6%

A jump of more than 40% in fuel costs has pushed the weighted average cost of farm inputs up by more than 6% in six months. Buying group Anglia Farmers’ twice yearly AgInflation index shows seed, animal feed and labour with the next highest increases The overall rise is in contrast to a fall of 1.14% for the year to September 2016. Consultants have been warning for months of the likelihood of significant cost creep this year as the medium […]