UK farm profitability to jun 2002
 

Crops 16/nov/02 P44

Deloitte & Touche report on their farming clients tp jun 2002.

50% of output came from food production.
The majority earned nothing from it, in most cases they paid to produce
it. Nothing is being invested.

Ave net farm income (that is BEFORE drawings and investment) is 15-20
UKP/ac, and has fallen 300 UKP/Ha since 1995.

--
Oz
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UK farm profitability to jun 2002
 

In article , Oz
writes

Ave net farm income (that is BEFORE drawings and investment) is 15-20
UKP/ac, and has fallen 300 UKP/Ha since 1995.

That makes my gross income 400 pounds then? Mind you they are quite
right about zero investment (in conventional farming).

Curiously a sales rep. claimed to have sold several new combines for
next year. As he also mentioned a fall back career in domestic gardening
he may have been pulling my leg.

Contract farming, amalgamations etc. perhaps. I suppose somebody will
turn a penny or two out of the expected 14000 new homes West of
Stevenage.

regards


--
Tim Lamb

UK farm profitability to jun 2002
 

On Tue, 3 Dec 2002 08:55:13 +0000, Tim Lamb
wrote:

In article , Oz
writes

Ave net farm income (that is BEFORE drawings and investment) is 15-20
UKP/ac, and has fallen 300 UKP/Ha since 1995.

That makes my gross income 400 pounds then?

If you managed just the average, Tim, but that can't be right can it?
Grin. The top 25% Deloitte farm clients made 290UKP/ha (116UKP/ac).

UK farm profitability to jun 2002
 

Torsten Brinch writes

If you managed just the average, Tim, but that can't be right can it?
Grin. The top 25% Deloitte farm clients made 290UKP/ha (116UKP/ac).

Bear in mind that they will have quite a few vegetable and pig
producers, which substantially increases the output per Ha.

Mind you 120 UKP/Ha is a paltry return for an intensive vegetable/stock
farm.

--
Oz
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UK farm profitability to jun 2002
 

On Tuesday, in article

"Torsten Brinch" wrote:

On Tue, 3 Dec 2002 08:55:13 +0000, Tim Lamb
wrote:

In article , Oz
writes

Ave net farm income (that is BEFORE drawings and investment) is 15-20
UKP/ac, and has fallen 300 UKP/Ha since 1995.

That makes my gross income 400 pounds then?

If you managed just the average, Tim, but that can't be right can it?
Grin. The top 25% Deloitte farm clients made 290UKP/ha (116UKP/ac).

Do you really think that their clients fully represent the range of
farming businesses? I'd expect that their sample is biased towards the
upper end of farm-business sizes, and other sources, such as Nix, are
pretty clear about the effect of farm size on costs, warning that the
agricultural press often ignores this in the figures they present.



--
David G. Bell -- SF Fan, Filker, and Punslinger.

"Let me get this straight. You're the KGB's core AI, but you're afraid
of a copyright infringement lawsuit over your translator semiotics?"
From "Lobsters" by Charles Stross.

UK farm profitability to jun 2002
 

On Tue, 03 Dec 2002 11:19:50 +0000 (GMT),
("David G. Bell") wrote:

On Tuesday, in article

"Torsten Brinch" wrote:

On Tue, 3 Dec 2002 08:55:13 +0000, Tim Lamb
wrote:

In article , Oz
writes

Ave net farm income (that is BEFORE drawings and investment) is 15-20
UKP/ac, and has fallen 300 UKP/Ha since 1995.

That makes my gross income 400 pounds then?

If you managed just the average, Tim, but that can't be right can it?
Grin. The top 25% Deloitte farm clients made 290UKP/ha (116UKP/ac).

Do you really think that their clients fully represent the range of
farming businesses?

I am just referring to the same sample and survey as the posters
before me, David. I guess I could have made that more clear.

UK farm profitability to jun 2002
 

"Oz" wrote in message
...


Ave net farm income (that is BEFORE drawings and investment) is 15-20
UKP/ac, and has fallen 300 UKP/Ha since 1995.



Naughty there Oz, mixing your units.

UK farm profitability to jun 2002
 

David G. Bell writes

Do you really think that their clients fully represent the range of
farming businesses?

They are likely to be large estates, contact farming and share farming.
Probably some of the most efficient, and some average or worse.

I'd expect that their sample is biased towards the
upper end of farm-business sizes, and other sources, such as Nix, are
pretty clear about the effect of farm size on costs, warning that the
agricultural press often ignores this in the figures they present.

Indeed. However they also report that one man bands and family farms are
not costing in their full labour, by a long way. So they must have some
family farms too.

--
Oz
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UK farm profitability to jun 2002
 

Hamish Macbeth writes

"Oz" wrote in message
...


Ave net farm income (that is BEFORE drawings and investment) is 15-20
UKP/ac, and has fallen 300 UKP/Ha since 1995.



Naughty there Oz, mixing your units.

Blame crops ....

--
Oz
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UK farm profitability to jun 2002
 

On Tue, 3 Dec 2002 18:26:36 -0000, "Hamish Macbeth"
wrote:


"Oz" wrote in message
...


Ave net farm income (that is BEFORE drawings and investment) is 15-20
UKP/ac, and has fallen 300 UKP/Ha since 1995.



Naughty there Oz, mixing your units.

Double naughty, since 1995 was a historic peak year.

Farmers in England have just closed their books on their most
profitable year, thanks to a combination of high prices for produce
world shortages and EU aid payments. But celebration would be
prematu the bad news is, it is all downhill from here.
(The Times, September 27 1996)

UK farm profitability to jun 2002
 

In article , Torsten Brinch
writes
Ave net farm income (that is BEFORE drawings and investment) is 15-20
UKP/ac, and has fallen 300 UKP/Ha since 1995.

That makes my gross income 400 pounds then?

If you managed just the average, Tim, but that can't be right can it?
Grin. The top 25% Deloitte farm clients made 290UKP/ha (116UKP/ac).

Hi Torsten, both you and Oz know that simple arithmetic is not my strong
point:-)

This farm is roughly 200 acres.

I would assume that any farm employing such accountants is substantially
larger. There seems to be some buggeration factor which allows small one
man band farms to exist profitably while making it hard for medium sized
with labour to do more than break even.

regards


--
Tim Lamb

UK farm profitability to jun 2002
 

Torsten Brinch wrote in message
...
On Tue, 3 Dec 2002 18:26:36 -0000, "Hamish Macbeth"
wrote:


"Oz" wrote in message
...


Ave net farm income (that is BEFORE drawings and investment) is
15-20
UKP/ac, and has fallen 300 UKP/Ha since 1995.



Naughty there Oz, mixing your units.

Double naughty, since 1995 was a historic peak year.

depends because with beef and store cattle BSE hit in March and
depending when your financial year ended 95 was good, bad or
indifferent.
Our financial year end is the end of April so 95 wasn't too bad, anyone
selling a lot of Cattle in spring with a May or june year end could have
a bad year.

--
Jim Webster

"The pasture of stupidity is unwholesome to mankind"

'Abd-ar-Rahman b. Muhammad b. Khaldun al-Hadrami'

UK farm profitability to jun 2002
 

world shortages and EU aid payments. But celebration would be
prematu the bad news is, it is all downhill from here.
(The Times, September 27 1996)

I wonder if they have ever looked back at this cutting and realised what an
absolutely true piece of reporting this was!!
If farmers had known what was coming after this I am sure there would be far
less about now, most could have sold up then and been better off now if they
had never done another days work.
Charlie


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UK farm profitability to jun 2002
 

Charlie wrote in message
...

world shortages and EU aid payments. But celebration would be
prematu the bad news is, it is all downhill from here.
(The Times, September 27 1996)

I wonder if they have ever looked back at this cutting and realised
what an
absolutely true piece of reporting this was!!
If farmers had known what was coming after this I am sure there would
be far
less about now, most could have sold up then and been better off now
if they
had never done another days work.
Charlie


I know one guy with 100 cows who didn't retire in 1992, or thereabouts,
but kept on farming. If he had retired his son would have sold up and
got out. I reckon that in the ten years since they will have lost
£30,000 a year in capital value and made no profits anyway.



--
Jim Webster

"The pasture of stupidity is unwholesome to mankind"

'Abd-ar-Rahman b. Muhammad b. Khaldun al-Hadrami'


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UK farm profitability to jun 2002
 

On Wed, 4 Dec 2002 06:49:05 +0000 (UTC), "Charlie"
wrote:


world shortages and EU aid payments. But celebration would be
prematu the bad news is, it is all downhill from here.
(The Times, September 27 1996)

I wonder if they have ever looked back at this cutting and realised what an
absolutely true piece of reporting this was!!
If farmers had known what was coming after this I am sure there would be far
less about now, most could have sold up then and been better off now if they
had never done another days work.

Hm. If The Times could see it coming, why couldn't the farmers.