THE MACHINERY RING CONCEPT: a summary

Ridings Machinery Ring Ltd acts as a link to enhance the business opportunities of its members.

The economics of farming are continually changing. The cost of fully equipping and stocking the average sized farm can become a significant drain on its profitability, let alone keeping abreast with the technological advances in mechanisation.

Membership of a Machinery and Labour Ring is an option that gives a greater choice to farmers to maintain flexibility and improve the viability of their business.

The role of the Ring is to put people who can provide a service or do work with their equipment or labour ("Suppliers") in touch with those who require work to be done. ("Demanders")

Members may be Suppliers of some services and Demanders of others.

R.M.R. acts as the link between the Demander and the Supplier.

The Ring matches surplus capacity on some farms with a shortage on others. Members no longer need incur the expenses involved in owning and maintaining a full complement of equipment and staff for all jobs.

Different peaks and troughs occurring between areas and enterprises can be balanced for the benefit of members.

The Ring also supply certain commodities through its non farming membership. Considerable savings can be achieved on some products.

MANY SAVE THE COST OF THEIR SUBSCRIPTION BY USING THESE SERVICES

Members of the Ring include farmers, contractors, self-employed workers, fuel companies, training providers, land agents, machinery specialists, semen companies, tyre suppliers, electricity generators and many others.