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HSBC Forward Planning Publication



HSBC  Head of Agriculture Allan Wilkinson has declared 2013 as the year the agricultural  sector  needs  to  concentrate  “on  the  basics” in order to preserve margins. Launching HSBC’s 37th annual Forward Planning publication for  the  agricultural  industry,  Wilkinson  warned  that farm incomes are expected  to  plateau  next  year,  which  means  farmers  must place extra emphasis on costs of production and enterprise margins.



Produced  in  consultation  with  Andersons, the farm business consultants, Forward  Planning  provides  estimates of cost of production and income for each  of  the  main  agricultural enterprises, enabling farmers to forecast business  profitability.  The booklet adopts the same methodology as HSBC’s Agriculture team to calculate margins and returns.



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