The Agriculture and Horticulture Development Board’s (AHDB) Norwich monitor farm will discuss its recent labour, power and machinery review next month.

The farm meeting will be hosted by Michael Balls and Ceres Rural on Wednesday, January 10 from 9:30a.m until 1:00p.m.

The meeting will serve as a catch up on what has been happening at the monitor farm since the last meeting.

It will be held at the Norfolk Snowsports Club, Whitlingham Lane, Trowse Newton in Norwich.

This meeting will cover:

  • The importance of comprehensively reviewing fixed costs using a local, real-world, case study – the Norwich Monitor Farm;
  • Practical strategies for optimising a farm business’ budget, with a focus on the factors at play when replacing machinery, such as depreciation, maintenance, operational expenses and technological advancements;
  • What a labour, power and machinery review entails;
  • A comprehensive review of the labour, power and machinery costings in modern farming practices and how to use the data to inform decision making.

Registration and refreshments will be available from 9:30a.m, with presentations starting at 10:00a.m on the day.

AHDB said the meeting and review will include lunch for attendees.

The event is free to attend, but spaces are limited so those interested in attending are urged to register to secure their spot.