Input costs too high
FARMERS must do more to control escalating spray and fertiliser costs. That was one message from the 1996 and Beyond conference in Peterborough this week, organised by Midland Bank, Touche Ross and farmers weekly.
The rising costs of such inputs – in some cases by as much as by 25% this year – is giving cause for concern, said Touche Rosss Vincent Hedley Lewis. The most profitable farmers are not necessarily those that have the largest area or the best land, he said.
"They are often the ones that check advice and pay close attention to detail in such matters."
Before any action could be taken in many cases, however, there was a need to understand exactly the existing cost structure, said Tony Keene, also speaking at the conference.