The most amazing thing here in politics is the normality, granted it's July so the place is on holiday, still, has anyone noticed how normal things are in Downing Street? Still, Prime Minister Starmer seems to be knuckling down and is busy at work.... A nice change!
When we began looking at farming in 2013/14 as something we both wanted to do as a "second career" we invested time and money to understand what sector of farming was profitable. A few things emerged, First, high-quality, source-proven, organic farm products consistently have much higher profit margins. Secondly, transformation accounted for nearly 80% of total profits, and production and distribution accounted for 20% of profits: Farmers and retailers have low profit margins and the middle bits make all the money. A profitable farm operation needs to be involved in the transformation of its produce. The low-hanging fruits: cheese and butter. Milk, generates a profit margin of 5% to 8%, depending on milk quality. Transformed into cheese and butter, and the profit margin rises to 40% (Taking into account all costs). Second: 20% of a steer carcass is ground beef quality. The price is low, because (a) a high percentage of the carcass, and (b) ground beef requires process
Comments