Know How / Business management

Agriculture is changing rapidly so farmers need the right mix of practical, financial and management skills to drive their businesses forward.

This page will help improve your day-to-day decision-making through better measuring and monitoring, as well as looking at what to consider if making more strategic decisions such as buying land or diversifying.

Key areas of focus:

  • Budgeting, benchmarking and business planning advice
  • Getting the right business structure in place
  • People management and staffing issues
  • How to approach succession planning
  • Expert advice from the Business Clinic team

Latest Know How

CROPS MARKETS AND PRICES

Analysis: Which way will wheat prices go by June?

A larger than usual gap of about £20/t between old and new crop wheat prices is causing a headache for arable farmers pondering their marketing strategy. Futures prices currently stand…

CROPS MARKETS AND PRICES

Russian dominance over world wheat markets slows

Russia’s record-breaking export drive has finally slowed, but it could be too late for hopeful US and EU markets to benefit significantly, says Cofco UK trading director Stuart Shiells. World…

BUSINESS MANAGEMENT

Tips on dealing with tight cashflow as dairy margins tighten

With input costs rising and a number of milk processors announcing cuts to farmgate prices, dairy farm margins are being squeezed yet again. Many producers will be hoping there won’t…

DIVERSIFICATION

So you want to… let land and property?

Deciding to stop active farming and let out land and property is a complicated task but can prove mutually beneficial for both parties. Making the switch to becoming a landlord…

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