Clarkson's Farm

Thoroughly enjoyed this, many seasons of emotions! I know I've enjoyed something when I'm a bit sad that I've just watched the last one, they'll be another season I'm sure!
 
Thoroughly enjoyed it and having grown up on a farm and a history of farming in the family it was great to see just how much things had changed from 30+ years ago. As for the last episode, the fact a 1,000 acre farm barely managed £150 quid profit is just bonkers, it's no wonder farmers across the country are worried about the subsidies being removed.

A friend of the family has a 150 acre farm in Wiltshire, he ended up building cottages on his land which he rents out, these cottages bring in more money than the farm ever could under current circumstances.
 
MadMossy said:
Thoroughly enjoyed it and having grown up on a farm and a history of farming in the family it was great to see just how much things had changed from 30+ years ago. As for the last episode, the fact a 1,000 acre farm barely managed £150 quid profit is just bonkers, it's no wonder farmers across the country are worried about the subsidies being removed.

A friend of the family has a 150 acre farm in Wiltshire, he ended up building cottages on his land which he rents out, these cottages bring in more money than the farm ever could under current circumstances.
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exactly this , if you get the planning permission build and rent.
 
MadMossy said:
As for the last episode, the fact a 1,000 acre farm barely managed £150 quid profit is just bonkers, it's no wonder farmers across the country are worried about the subsidies being removed.

A friend of the family has a 150 acre farm in Wiltshire, he ended up building cottages on his land which he rents out, these cottages bring in more money than the farm ever could under current circumstances.
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To be fair, that was after all the costs and labour was taken out and as it was his first year, the start up costs are going to very high. It was what £40k for the Lambo tractor, £80k for the farm machinery for a start. The next year should be a lot better but yes I was astonished that was all he had to show for a years work!
 
I think the farm did actually make quite a bit and that's with all the losses and "experiments". If it's paying out good wages etc and paying for the equipment, then it doesn't need to make a profit. It's not like a farm can expand much, especially when it's already that size :p

I'd be perfectly happy with a farm making enough to run itself and keep the staff sweet. It's a good life and has some meaning to it.
 
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A farm shouldn't be making profit if it wants to be tax efficient, why pay out tax when you can re-invest in your equipment/stock etc. even a minor loss isn't to bad if your intention is to offset it in the coming years. (dont quote me mind im no tax guru :D)

just learned Gerald is the old contract farmer that is retiring! if reddit is to be believed!
 
Nasher said:
I think the farm did actually make quite a bit and that's with all the losses and "experiments". If it's paying out good wages etc and paying for the equipment, then it doesn't need to make a profit. It's not like a farm can expand much, especially when it's already that size :p

I'd be perfectly happy with a farm making enough to run itself and keep the staff sweet. It's a good life and has some meaning to it.
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Also was a really bad year for weather. They lost 90K on the crops. Even still breaking even for a first year is pretty good. I am sure if he stuck with it he would make a decent profit in year 2.
 
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