Beware finance impact of 2016 cropping plans

摘要

Cropping decisions must take account of their impact on the whole business, warns adviser Gary Markham.He fears too much emphasis is being placed on comparing net cost of production with market prices. This could lead to poor decisions on rotations, including some people considering fallow, he says."Calculating total cost of production per tonne may be an interesting academic exercise but is of little value in making business decisions," says Mr Markham of Churchgate Accountants.