A new report analysing information from the recent Farm Business Survey outlines the key factors which separate high and low performers in the farming industry. The report, prepared by some of the industry’s major organisations, including Hibu Cyg Cymru, suggests that the top performing 25% of farming businesses in the UK could make a profit, … Continue reading How to Make Your Farm a Top Performer
Farmers in Wales are being offered £1,000 to help with the Welsh Government’s new Red Meat Benchmarking project, aimed at helping them assess and improve the performance of their businesses. The project, managed by Hybu Cig Cymru, will require 2,000 farmers to complete an on-line questionnaire giving information about their business activities for either 2016/2017 … Continue reading New Red Meat Benchmarking Project Offers Cash for Farmers
According to recent research by estate agents Strutt & Parker, a larger share of farmland is being purchased by private investors. The research shows that the share of purchases by farmers, traditionally hovering between 60 and 65 per cent, has dropped to 50 per cent over the last 6 months. This is the lowest level … Continue reading Farmers Waiting for More Clarity Before Buying Land
A new online calculator has been launched to allow farmers to see the potential effect on their businesses of various Brexit scenarios. Developed by The Agricultural and Horticultural Development Board, its aim is to help farmers and growers review their business and remain fit for the future. The calculator allows individuals to input their data … Continue reading New Calculator to Help Farmers Foretell the Future
A recent survey of farmers by the Farmers Weekly found that 69% thought that their business would be worse off as a result of Brexit. Of the remaining 31%, 15% thought that they would fare better as a result, whilst 16% believed that Brexit would have little or no effect. The UK is set to … Continue reading Most Farmers Think They Will Be Worse off After Brexit
The Welsh Government are running a series of events under their Farming Connect scheme to inform local farmers of the services and support available to them. The Farming For The Future Roadshow is set to focus on: How to future-proof your business ahead of Brexit Information on the fully or part funded business and technical … Continue reading Farming for the Future Roadshow
The 13th September marks Back British Farming day, with many MPs wearing a corn and horns badge to show their support for British farming. The special day is a rallying call to encourage MPs to use their positions to support the industry, especially with upcoming Brexit negotiations. The special badge has been sent to all … Continue reading Back British Farming Day
A recent survey by the Food and Drinks Federation has shown that many in the “farm to fork” sector of UK industry are worried that their businesses will become unviable if they lose their EU workers in the wake of Brexit. More than a third of businesses said that they had already lost many of … Continue reading Concerns over the Future of EU Workers
A recent survey undertaken by YouGov reveals that farming businesses feel that they are not getting sufficient support from their banks. Over 1,000 small and medium farming businesses took part in the survey, with over 30% stating they would like to see more commitment to the agricultural industry from banks. One of the biggest concerns … Continue reading Farmers and Banks – a Relationship on the Rocks?
Fears have been expressed by some land agents that agricultural land prices may fall in the UK, as a direct result of Brexit. It is expected that the amount of subsidies, such as the Basic Payment Scheme, will decline once Britain leaves the EU, causing some farmers to re-consider their financial position. Many are already struggling … Continue reading Will Brexit Affect the Value of Your Farmland?