The greatest challenge for farmers is the rise in input costs. Fertilizers and seeds double and tripled in price over the past 4 years. Granted, it has improved to some degree, but the introduction of reduced fertilizer rules is certain to harm yields, and now that the EU has backed down, only British farmers are facing this existential crisis. Our farm is unaffected, because we employ organic methods, and we have not seen any changes to our production regime. Our first quarter produced results above what they were for the same period in 2023, March prices were somewhat lower than anticipated, but only 50% of our produce production is impacted by the market. The sauces, pie, baby food and other ancillary activities have seen improved profit performance, mainly because of economies of scale and better production methods. All our third-party input costs have risen by more than the average inflation rate, but overall our activities generated far higher return on deployed capital
Life of a Norfolk farmer