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Economy

Costs rocket for farmers

Rebecca Howard
Fri, 03 Sep 2021

Higher costs will make it harder to reinvest in environmental compliance. (Image: Unsplash)
Rebecca Howard
Fri, 03 Sep 2021
Meat prices – like dairy – may be on a bit of a tear but sheep and beef farmer William Beetham says on-farm expenses are starting to bite and will make it tough to reinvest.“In this last year, we have especially seen significant inflationary pressure on our businesses. Fertiliser is one, but it’s across the board on a lot of costs,” he said. He pointed to labour and materials, with “fence materials being one clear cost increase”. On the cost side, low-interest rates and low fuel costs have bee...

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