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 )
just learned Gerald is the old contract farmer that is retiring! if reddit is to be believed!
No one listens these days! In esp 1 he said the old farmer was called Howard