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Farm Business
Agricultural Matters
Agents’ cheery outlook post-BPS
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<blockquote data-quote="Fat hen" data-source="post: 7370561" data-attributes="member: 48452"><p>Recently attended a zoom meeting with a respected independent land agent. He described the next 5 yrs as the biggest change in Farming in a lifetime. He painted a fairly bleak picture of agric under the Tory government’s funding plans, none of which encourage food production:</p><p></p><p>> £40K BPS will be £19k in 2024!!</p><p>> New schemes (ELMS , Carbon trading, etc) collectively will not nearly replace BPS monetarily</p><p>> 75% farms are NOT profitable w/o BPS. (obv depend on weather/prices)</p><p>> Post Brexit exporting bureaucracy will incur costs which will be borne at the farmgate. Prices will be more volatile too</p><p></p><p>He foresees 3 types of farm streams going forward:</p><p></p><p>1 Out and out large commercial hi-tech farms</p><p></p><p>2 ‘Environmental farmers’ taking advantage of schemes carbon trading, natural capital.</p><p></p><p>3 Farmers exit sector altogether taking a one off Govt payment of 250/ac to do so</p><p></p><p>Put like this it and the short timescale involved- there’s nothing gradual about it- we are in for a tumultuous period. In particular for small family farms which may be sink or swim.</p><p></p><p>Any thoughts?</p></blockquote><p></p>
[QUOTE="Fat hen, post: 7370561, member: 48452"] Recently attended a zoom meeting with a respected independent land agent. He described the next 5 yrs as the biggest change in Farming in a lifetime. He painted a fairly bleak picture of agric under the Tory government’s funding plans, none of which encourage food production: > £40K BPS will be £19k in 2024!! > New schemes (ELMS , Carbon trading, etc) collectively will not nearly replace BPS monetarily > 75% farms are NOT profitable w/o BPS. (obv depend on weather/prices) > Post Brexit exporting bureaucracy will incur costs which will be borne at the farmgate. Prices will be more volatile too He foresees 3 types of farm streams going forward: 1 Out and out large commercial hi-tech farms 2 ‘Environmental farmers’ taking advantage of schemes carbon trading, natural capital. 3 Farmers exit sector altogether taking a one off Govt payment of 250/ac to do so Put like this it and the short timescale involved- there’s nothing gradual about it- we are in for a tumultuous period. In particular for small family farms which may be sink or swim. Any thoughts? [/QUOTE]
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Agents’ cheery outlook post-BPS
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