????? so what do you do with your land ? make it un farmable by anyone ?
....... i think most would retire by selling for £10k plus per acre than £250 per acre
Agents’ cheery outlook post-BPS
- Thread starter Fat hen
- Start date
????? so what do you do with your land ? make it un farmable by anyone ?
....... i think most would retire by selling for £10k plus per acre than £250 per acre
- Location
- Perthshire (It's a big place!)
To be fair that does happen a lot. In my case the estate has a very good resident owner who has lots going on, tourism, biomass, commercial and domestic rentals. But the ag is very intensive with lots of high value roots and you can guess who is subbing who at the moment
Interesting, do you think it will be the best?
betweenthelines
Member
- Location
- southwest
If the Land Agent in the OP is so smart, why does he have to rely on farmers for a living? And did he predict a Worldwide pandemic?
Right, now we have confirmed he's just a blow hard, lets face a few facts.
Even with a worldwide pandemic, the population is still rising, more people die hungry than through covid and it just needs a few days disruption to cross border trade or even just a rumour of shortages to clear the shelves of stock.
We might not always need Land Agents but we'll always need food and the people who produce it.
Right, now we have confirmed he's just a blow hard, lets face a few facts.
Even with a worldwide pandemic, the population is still rising, more people die hungry than through covid and it just needs a few days disruption to cross border trade or even just a rumour of shortages to clear the shelves of stock.
We might not always need Land Agents but we'll always need food and the people who produce it.
- Location
- Essex
I understand that they are trying to encourage new entrants. How, I don't know.
- Location
- sw scotland
If you pay a lump sum of BPS as an advance payment to retire then what support is left for the new entrant? Why can't the old farmer just sell up and some BPS is siphoned into a reserve? The idea that the next generation is being held back to making the land more productive is at odds with the political move away from production and into environmental issues. The 2 don't add up.
Better to just pay the old boys to plant trees, dig ponds and reduce stock to allow flooding by beavers and nature to flourish. Perhaps leave a few sheep to feed the lynx
- Location
- Glen Clova, Angus, DD8 4RD
Are they all unprofitable though or just sub-letting some free space to increase profits?
midlandslad
Member
- Location
- Midlands
Perhaps they should start clearing out some of the House of Lords to allow the next generation an opportunity.
midlandslad
Member
- Location
- Midlands
I wouldn’t worry about the land agents, the next few years will be the best yet. Change brings with it activity and activity generally needs professional advice. Defra have 13 new schemes coming out and all these retirements will produce machinery and farm sales/lettings. The banks will be more nervous/cautious to lend so will want regular cash flows and valuations. ££££
Surely they aren’t going to give people 250acre as a permission to sell?!?! Lee must have the wrong.????? so what do you do with your land ? make it un farmable by anyone ?
....... i think most would retire by selling for £10k plus per acre than £250 per acre
Won’t 1 and 2 be done by the same people?
- Location
- Perthshire (It's a big place!)
Too many stick to the idea that they are only farmers.
Its all about sweating the asset as appropriate. If that means growing 4t wheat cheaply and profitably then that's fine. If it means farming the 1,000,000 that live within an hour of you the that's fine as well.
Its all about sweating the asset as appropriate. If that means growing 4t wheat cheaply and profitably then that's fine. If it means farming the 1,000,000 that live within an hour of you the that's fine as well.
But do you honestly believe any tenancies given up will go to new entrants . Our estate is mostly AHAs, but as soon as a farm becomes available, the land has been let on an FBT to the highest bidder or lately, one preferred tenant.With the best intentions in the world, the retirement package will only work if farmers want to retire. For many of these “stubborn” types it is a way of life, whether they have seen any profit in the job is immaterial, they would have to be carted out in a box to stop farming.
With the reduction in BPS, I naively thought that once these “old” farmers on AHA tenancies lost the very BPS payment that was propping up their rent money (or for some CC farms covering it) then it may encourage them to surrender their tenancy if the holding was going to cost them money to farm. From where I’m standing right now in my career, the retirement package offer is a complete poke In the eye to people trying to get on the farming ladder. Any farmer who was thinking of surrendering a tenancy in the next four years will now sit it out, waiting to find out what incentives are thrown their way first??
The agents told me that they envisage just two tenants eventually on the whole estate.
sadly in my opinion, there’s 3 farmsteads with houses lying empty, as the owners don’t seem bothered about spending on them to bring them up to legal letting requirements or selling them.
oh and there’s a few of my neighbours, past retirement age, that are still fit and active and very good farmers, despite paying rent . I remember one old retired tenant saying that being tenants made us better farmers, as we had to be to pay the rent.
4course
Member
- Location
- north yorks
do you really think there is going to be a headlong rush into retirement
Fat hen
Member
I think the difference is that with farming the capital outlay (land, machinery, inputs) is huge versus profit and yet still often makes a loss, and ironically needs propping up by another enterprise.
Isnt that what farmers are doing ? We have several old low farm buildings that have no use whatsoever for modern farm uses, they make ideal workshops for small local businesses. It's about using your assets to best use whether that's land, buildings or yourself to the best advantage,
If that's the case then they should sell up, or rent that part out and concentrate on the profitable part.
- Location
- Glen Clova, Angus, DD8 4RD
Sadly, no. The data shows that many are actually losing money even after income from off the farm or from profitable diversifications.
- Location
- Perthshire (It's a big place!)
In Scotland I think the total income from farming is less than all subs , I'm not sure if they mean profit or income in that measure though, I think they mean profit though.
- Location
- Lincolnshire
1) I have a good feeling there will be dosh to be made in arable farming in the short term.
2) but there is always more to be gained by land values changing.
I'd say sod £100/AC more income if land values are strong.
2) but there is always more to be gained by land values changing.
I'd say sod £100/AC more income if land values are strong.