Minette Batters’ recent Farming Profitability Report predicts farm input costs will rise to 30% higher in 2026 than they were in 2020. With procurement of inputs typically representing 30-70% of any farm business’s revenue, it’s clear that effective procurement can have a major impact on profitability. AF’s Head of Machinery & General Inputs, Kristian Dunham, explores how procurement thinking is already embedded in farming – and why rising costs highlighted in recent analysis from Minette Batters mean procurement strategy will become even more important.
Farmers already understand procurement – they just don’t call it that
“Farmers understand soil health, machinery efficiency, livestock performance, fuel consumption, weather risk and market volatility in a way few outside the sector ever truly grasp.