Joint ventures go live online
13th November 2007
Collaborative farming's flagship businesses have launched a new website. The Joint Venture Farming Group (JVFG), the umbrella body for farming businesses that formally work together, has undertaken a ground-breaking bench-marking study to be showcased on its new website. The full results will be published early 2008.
"Formal collaboration with written contracts and a management hierarchy may seem a daunting prospect for some farmers," comments JVFG chairman, Charles Matts. "But I've found for my own business and by talking to many others in the group, that working together all the year round and committing fully to a longer term arrangement with neighbouring farms, is more than worthwhile both personally and financially".
"The JVFG benchmarking study looks at business costs and returns over many tens of thousands of acres of land. Each member has submitted costs which we've number crunched through a new IT system developed with the help of funding from the East Midlands Development Agency. From this data, we can see that the benchmarking exercise not only helps individual joint ventures but also helps the whole group to see where cost savings and efficiencies can be made."
- The Share to Farm Initiative is sponsored by:
