Cutting on vital inputs is false economy

The last few years has seen substantial increases in the price of the main farm commodities such as beef, lamb, and milk.

However, at the same time, there has been a sharp increase in the price of most farm inputs and services such as fertiliser, diesel, concentrates, plastic, veterinary products, and electricity. The rise in the cost of inputs and expenses has eroded many of the gains made by farmers in the last few years, increasing the cost squeeze on farmers.

Unfortunately, most input costs are beyond the farmer’s control. The cost squeeze has increased their farmers to do their sums, look at the available options, and curb costs.