A perennial problem for farmers is claiming relief for trading losses against other income. Consider a simple example of a dairy farmer who, as a price taker, where prices are beyond their control, is a prisoner of the farm gate milk price. In practical terms, their expectation of profits is to a great extent achieved regardless of their competency. This farmer could be the most competent farmer in the realm, but still make a loss as a price taker if the milk price moves downwards.