John Nix pocketbook out now in 42nd edition

Oilseed rape could be a more profitable crop than wheat next harvest, according to the latest edition of the industry bible, The John Nix Farm Management Pocketbook.

The latest (42nd) edition has just been published and suggests that gross margin for oilseed rape could outstrip wheat as the highest broad-acre combinable crop for the first time in 20 years.

There’s some welcome news for livestock farmers too, as the new edition says beef and sheep gross margins also offer “greater opportunities for profitability than for many years” on the back of price increases.

The outlook for poultry is less optimistic though, as the most intensively farmed caged egg chickens are budgeted a negative gross margin per bird, even before overheads are included.

The pocketbook also provides a resume of proposals to reform the Common Agricultural Policy and the impact they would have on UK farms.

“This is a great little book, jam-packed with relevant information for farmers of all sizes” said editor Graham Redman.

“Whether costing a new enterprise, assessing a change in overhead structure or undertaking a capital appraisal, there is information to help your decision making.”

The pocketbook costs £21 plus p&p.

Visit www.thepocketbook.co.uk to buy your copy online or telephone 01664 564 508.