How better budgeting can help ease cost pressures

摘要

Arable growers need to budget carefully, control cashflow and think hard about environmental schemes that take land out of production to help cope with cost inflationary pressures from higher fertiliser and fuel prices.Experts say growers should be scrutinising their finances for harvest 2023, looking at profit margins and rising working capital needs as the price of nitrogen fertiliser has nearly trebled over the past 12 months and fuel prices have soared.