Farming's very balanced for 2007 - income went up strongly last year (for arable farmers), but these increases were tempered by strong increases in fertiliser (Autumn onwards), fuel and feed costs. Since fertiliser costs appear to have almost trebled in the first quarter of this year (blame Chinese tariffs and fuel costs), and feed and fuel costs are continuing to strengthen, farm profits and maybe yields I suspect may take a hit this year. Shame I'm moving post before I'll get a chance to publish the figures!