Been a fair bit of talk about subsidies and insurance etc etc which the working are all a bit hard for me to comprhend.
We do have one handout from the govt here, Agriculture Fishing and Mining get 38.5 cents per litre. Our fuel price is about $1.35/$1.40 per litre on farm which has about a 60 cents tax component for roads,accidnent victims,govt insurance etc.
So its basically the diesel isnt used on road so dont pay the taxes scenario and also 18 cent per litre back on gasoline.
Get some tax breaks from govt if you wish to use them most dont, have to spend mega bucks on new steel to save bugger all on tax.
You guys have similar fuel tax setup?
Change of topic some of the drought map of canada show its seriously dry or there absolutley no reason to worry as its only march?
Long term yearly forecasts here are basically average from here on in those with subsoil moisture to excess may fair better if a dry spell occurs.
And re viterra good or bad for aust farmers well we lost any control of our farmer co-op controlled storage and handling system years ago, when sold to abb then viterra, so its a publicly owned company whos job is to return profits to shareholders not farmers. I dont like but zero i can do about so life goes on but will paste some articles from our rural papers if anyone is interested or go to www.stockjournal.com.au
We do have one handout from the govt here, Agriculture Fishing and Mining get 38.5 cents per litre. Our fuel price is about $1.35/$1.40 per litre on farm which has about a 60 cents tax component for roads,accidnent victims,govt insurance etc.
So its basically the diesel isnt used on road so dont pay the taxes scenario and also 18 cent per litre back on gasoline.
Get some tax breaks from govt if you wish to use them most dont, have to spend mega bucks on new steel to save bugger all on tax.
You guys have similar fuel tax setup?
Change of topic some of the drought map of canada show its seriously dry or there absolutley no reason to worry as its only march?
Long term yearly forecasts here are basically average from here on in those with subsoil moisture to excess may fair better if a dry spell occurs.
And re viterra good or bad for aust farmers well we lost any control of our farmer co-op controlled storage and handling system years ago, when sold to abb then viterra, so its a publicly owned company whos job is to return profits to shareholders not farmers. I dont like but zero i can do about so life goes on but will paste some articles from our rural papers if anyone is interested or go to www.stockjournal.com.au
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