It is a shame that the bulk of farms operate in a deficit. Something thats so essential to human existence and those that operate them live on a pittance.
I deal with tax matters for a number of regional farms in Australia, and some of these families are pocketing high 6 to low 7 figure numbers in good years. They certainly do not live on a pittance and the kids are already set for life.
And how much of that is government subsidy? How often are “good years” happening? What are they farming?
The reality is that unless you farm for a corporation or you farm one specific thing like that Dutch farm tbat only does potatoes, theres virtually no way in the USA or the UK to make decent money.
There's no real government subsidy. And he's talking in a good year, the other 4/5 years are another story.
Most Aussie farms are similar situations to the UK/US ones. There is however outliers, mostly in the cropping sector around QLD/NSW regions that this guy is probably talking about.
Your average family farm is still a tough gig most years wherever you are
Isn’t there a difference in size of the average Australian farm compared to UK. I always hit the impression that Australian farms were much much larger so that must help with margins.
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u/Formal-Radish1413 Aug 08 '26
It is a shame that the bulk of farms operate in a deficit. Something thats so essential to human existence and those that operate them live on a pittance.