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Understand your farm's profitability with margin maps

MySOYL margin maps

With an increased focus on farm finances, I am finding that there is a greater drive from our customers to combine some of the data routinely collected through precision farming to get a better insight into farm profitability.

Our margin map tool uses yield data and simple costs to produce financial performance maps that not only provide a field average, but also show the spatial variation in profitability. By including yield data and costs for multiple years, you can easily analyse financial performance across your whole rotation instead of just year by year.

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Are you making the most of biomass imagery?

biomass

Unlike some of the advances in precision farming, biomass imagery doesn't require specialist or expensive equipment. In fact all that's really needed is a computer and a desire to discover some information that could be of value to your farm business.

Surprisingly, however, there are a number of farmers who are not fully utilising biomass imagery and its benefits – but why the reluctance?

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Cutting your fuel costs with variable rate

Cutting-fuel-costs-with-VR

I'm sure farmers across the UK breathed a collective sigh of relief yesterday, as it was confirmed by the Chancellor of the Exchequer that the tax break on red diesel would remain in place for the agricultural industry.

Over the past week, farmers have been steeling themselves for a potential 50% rise in fuel costs following reports that the tax relief was going to be scrapped altogether as part of the 2020 Budget. While the news is a positive outcome for the industry the Chancellor has, however, announced that other sectors will be stripped of the tax exemption in two years' time. 

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What value can MySOYL bring to your farm business?

mysoyl-blog-cover
In my role as MySOYL Business Lead, I regularly talk to customers who are looking to find new technology to make their farms more efficient and profitable. In these conversations, one of the most common questions I get asked is " What is MySOYL and how can it help me ?" For those of you wondering the same, I thought I'd use this blog to answer this...
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Lime application plans in under a minute

Liming
Whilst the combines have been rolling, I have been speaking to an increasing number of customers and advisers who are looking to prepare for 2020 harvest crops. A common topic often covered is liming policy and the challenges associated with planning and prioritising applications. We have previously posted about the benefits of correcting soil pH a...
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