Farm Management Handbook – new edition published
THE LATEST edition of the Farm Management Handbook has just been published. In an incredibly difficult climate for farmers, the editors of the 36th edition have recognised the need to add the latest information on CAP reform as well as dedicating space to assessing machinery costs many of which are now unsustainable in this uncertain economic situation.
Senior rural business consultant, Julian Bell, said: ‘With widespread changes to CAP payments coming into effect this year, coupled with a downturn in almost every commodity sector, farm businesses are facing huge challenges. SAC Consulting predict the pace of business restructuring and shifts in production systems will accelerate this year as farm businesses adapt to the new environment. The updated handbook will help support this process.’
The handbook, which is updated every year, is an essential tool for any progressive farm business, providing a comprehensive and up-to- date source of information for farmers, rural professionals, students and consultants.
To help this decision making process the new handbook provides detailed guidance on determining machinery costs on a per hectare/ per acre basis. This requires information on the costs of machinery purchase, servicing, fuel use and work rates to generate an accurate figure to compare against contractors’ charges.
In addition, the 2015/16 handbook continues to provide the following updated information:
Detailed gross margins for livestock, arable, forage and organic enterprises.
Information on renewable energy, diversification projects and organics.
Whole farm data for English and Scottish farms.
Information on labour, machinery, rural aid, taxation, contracting charges, buildings, forestry and credit.
Key reference data such as residual values of fertilisers.
Conversion and input prices.
Useful dates and timings for key farm operation and management events.
Details of relevant contacts and further sources of information.
To order, or for details visit www.sruc.ac.uk/ fmh; call 0131 603 7525.