Richard Means: positive divisble surplus generates incentive for contractors
39%, but in 2017 this fi gure was down to 11%. In our mind, a good contract farming agreement is where you make a positive di- visible surplus.”
Inventives
A good sustainable agreement set an achievable contractor’s charge and farmer’s fi rst charge, said Mr Means. “Having a positive divisi- ble surplus generates the incen- tive necessary for the contractor to benefi t from the work that they have put in during the year.” In instances where there was a
total receipts. “In 2015, more than half of agreements made a negative di- visible surplus, in 2016 this was
negative divisible surplus, agree- ments should be structured so losses are carried entirely by the farmer because this shows they are taking on the risks associat- ed with farming, Mr Means ex- plained. “We do hear about arrange- ments where it is agreed that any losses are rolled forward to future years and we think this is potentially quite dangerous as that guarantees a minimum re- turn to the farmer in any one year, which could be seen as a rent.”
Advertiser’s Announcement
Geofolia – spend more time in the field, less in the office
Geofolia, Landmark’s chosen crop recording solution, has been proving itself on UK farms for nearly two years, following its suc- cess in Europe.
Developed by Isagri, Landmark’s parent company, Geofolia
was a front runner to solve the gap in the marketplace for a vis- ually attractive, easy-to-use program with the mapping, stock management, compliance and fi nancial reporting functions that UK farmers require. Increasing ‘paperwork’ is required of farmers, often resulting
in more time spent in the offi ce rather than working in the fi eld. Geofolia enables users to record fi eld activities quickly and keep crop assurance, stock records, costing and mapping in one place. Landmark managing director Nigel Parsons says: “The Geofo- lia mobile app means our farmers and managers do not need to be in the offi ce to add, view or amend fi eld records and operators can use the app to view and record their work – reducing offi ce paperwork and duplication of effort even further.” Since the initial UK launch of Geofolia, our users fi nd they have enough management information without over-complication and rely less on an increasing volume of spreadsheets. We are confi - dent that this excellent value crop recording solution will contin- ue to increase in popularity. To arrange a no obligation demonstration, contact the Land- mark Offi ce on 01798 877100 or email
info@landmarksystems.co.uk.
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agricultural advice? We have over
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Providing professional advice to landowners and rural businesses across East Anglia.
• Sale and purchase of land and farms • Grants, subsidies and Environmental Schemes • Valuations of land and property • Contract farming, tenancy and joint venture arrangements
Contact:
Simon Gooderham, Cambridge Office t: 01223 213777 Jonathan Stiff, Ely Office t: 01353 662405
2-6 Arcade Street, Ipswich, Suffolk IP1 1EL 01473 230033
www.blockslegal.co.uk JULY 2018 • ANGLIA FARMER 59
cheffins.co.uk AUCTIONEERS | ESTATE AGENTS | VALUERS | SURVEYORS
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