Cultivation© Tim Scrivener
Should the whole farm be cropped during the current dip in commodity prices? It is a question many are wrestling with. The answer is complex and depends how the business is set up, says Gary Markham of Churchgates Accountants. “The management of farming businesses now needs to be focused on minimising losses rather than maximising profit,” he says. “This is a sort of reverse logic and takes time, it requires a new way of thinking – identifying and minimising the negative margin areas […]