Is UK agriculture losing its competitive edge?
Although UK agriculture as become more efficient over the years, when compared to the technical efficacy and performance of principle international competitors, the industry faces a huge challenge.
Cornish Agriculture faces an additional challenge with its geographical location and the distance from the principal markets for its produce.
As you can see, international agriculture is improving at a great pace while UK agriculture is losing its competitive edge.
The Oxford Farming Conference reported that the reason the best farmers make more money than low performing farms is simply because less is spent per unit output.
Lower input costs accounts for 65-90% of the difference in profit between the best and worst farms.
The report also states that high performing farms are only marginally better in all areas. Suggesting that small improvements to your farm business can have significant impacts
The Oxford Farming Conference (2015) The best British Farmers. What gives them the edge? Available at https://www.ofc.org.uk/sites/ofc/files/research/ofcreport2015.pdf (Accessed 13 August 2019)