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"The fact that some geniuses were laughed at does not mean all who were laughed at were geniuses. They laughed at Columbus. They laughed at Fulton. They also laughed at Bozo the clown."
Carl Sagan
markets
In week ended 5th January, the deadweight prime cattle average price levelled on the week at 365.0p/kg.
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As domestic lamb continues to compete with increased volumes of cheaper imports and demand remains subdued, DW lamb prices eased in week ended 5th January.
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World prices eased back towards the end of 2012 although remained at levels comparable to the same period in 2011.
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Having shot to record levels during September and October, GB finished pig prices continued to rise in November and early December, albeit more slowly.
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The GB weekly average price rose by £4.63/t to £227.93/t and the free-buy average fell by £4.45/t to £330.74/t.
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Mid-January saw the release of much-anticipated information from the USDA in the form of world supply and demand estimates, US winter wheat plantings, final 2012 production estimates and quarterly stocks.
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The USDA data set a bearish tone for oilseed markets with upward revisions to US and Brazilian crops.
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UK malting barley export prices are at €245/t FOB (spring, South Coast) w/e 11th April.
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The latest National Statistics produced by Defra on the activity of UK hatcheries and poultry slaughterhouses.
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USDA’s latest quarterly stocks report, released on 28th September, estimated US maize stocks (at 1st September) at 25.1m t, down 12% on the same point in 2011 and the lowest since 2004.
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Money Matters
SPS 2013 – RPA announces latest figures
The Rural Payments Agency (RPA) has received more than 99,000 Single Payment Scheme (SPS) applications so far this year with increasing numbers of claims made electronically.
The Rural Payments Agency (RPA) has received more than 99,000 Single Payment Scheme (SPS) applications so far this year with increasing numbers of claims made electronically.
Shocking 2012 weather dents farming’s bottom line
Terrible weather in 2012 had a significant impact on farm income, new figures reveal today.
Terrible weather in 2012 had a significant impact on farm income, new figures reveal today.
Input costs hit income from farming
Defra has released Total Income from Farming figures for 2012, showing a fall in real terms.
Defra has released Total Income from Farming figures for 2012, showing a fall in real terms.
Scottish Beef Scheme payments to start this week
Scottish Beef Scheme funding will begin to arrive in farmers’ bank accounts from Friday, Rural Affairs Secretary Richard Lochhead has confirmed.
read moreScottish Beef Scheme funding will begin to arrive in farmers’ bank accounts from Friday, Rural Affairs Secretary Richard Lochhead has confirmed.
Company bonds can offer inflation-beating interest rates, but be aware of the risks People used to hold shares in travel companies in particular, because it gave them shareholder perks, including discounts on travel.
Make sure those gadgets are covered
Life used to be simple. Our phones were fixed to the wall in the office, as were our computers.
Life used to be simple. Our phones were fixed to the wall in the office, as were our computers.
Impressed with the budget?
Time will tell how impressed or otherwise people were with a budget that attracted praise and criticism in just about equal measure.
Time will tell how impressed or otherwise people were with a budget that attracted praise and criticism in just about equal measure.
Beware the scammers
We are in a perfect storm for scam merchants. Interest rates are low, so people are keen to find anything that can protect savings against inflation; there is a shortage of money around, making scams – a polite world for theft – an easy route to riches.
We are in a perfect storm for scam merchants. Interest rates are low, so people are keen to find anything that can protect savings against inflation; there is a shortage of money around, making scams – a polite world for theft – an easy route to riches.
All in this together?
One of the government’s mantras about austerity is that ’we are all in this together’. This has worn thin, although to be fair to the government claims of draconian cuts to public spending are exaggerated.
One of the government’s mantras about austerity is that ’we are all in this together’. This has worn thin, although to be fair to the government claims of draconian cuts to public spending are exaggerated.
HMRC casts a shadow over holiday lets
Holiday lets have been a long time diversification success for many farm business. With the recession – if not the weather – making holidays in the UK more popular many of these businesses have high hopes that 2013 will be a good year.
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Holiday lets have been a long time diversification success for many farm business. With the recession – if not the weather – making holidays in the UK more popular many of these businesses have high hopes that 2013 will be a good year.
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© Grove House Publishing Ltd, a Ten Alps Company, Hendal Oast, Hendal Farm, Groombridge, Kent TN3 9NU
info@ghpublishing.co.uk | 01892 861664
© Grove House Publishing Ltd, a Ten Alps Company, Hendal Oast, Hendal Farm, Groombridge, Kent TN3 9NU
info@ghpublishing.co.uk | 01892 861664
