Wednesday 29 September 2010

Sowing The Seeds

Sorry all I could not resist this bit of 'Farming to Music'.  It is actually a cover version done by the The Wurzels which I feel is rather fitting considering the agricultural theme!.  I was drilling, or planting, a variety of wheat, called Gallant, which we are growing for the milling wheat market.  This variety is liked by many millers and if all things go to plan could be being milled into flour from next November (2011).  A proportion of this crop has already been sold forward some as far ahead as March 2012!  This demonstrates how long term the farming industry is and how much money and investment is made into our crops that we will not see a return on for at least 18 months.
If you think this is a long term commitment then consider breeding beef animals? If the cow is pregnant for 9 months and then the calf takes a further 24 months to fatten (can be quicker) then you would have to wait nearly 3 years to get any money back and who knows were the price will be that far ahead.  Would you get a better return on a no ball during the 3rd over?

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