15 May 1998
Contract-farming is ‘a worthy option’
FARMERS should consider contract-farming agreements as a means of surviving the crisis in the countryside, delegates heard at a seminar yesterday.
John MacGregor, of the Laurence Gould Partnership, said the advantages included release of working capital by selling machinery, the letting out of houses previously used by farm staff and the renting out of other buildings.
He said contract-farming made better use of resources while providing a guaranteed income. He said the contractor not only takes on the bulk of the work and risk, but provides the equipment and labour.
He said contracting was particularly attractive to the absentee landlord, small-scale farmers with no heirs, poor performers, those with heavy borrowings and tenants thinking of retiring who wanted to continue living in a farm house.
- The Scotsman 15/05/98 page 30