Exiting farming

[Dry Rot]

As the title. What are the options?

 

[Flat 10]

Who? Owner farmer, tenant farmer, tractor driver or stockman? Different options

 

[farmerdan7618]

How long have you got, more options than you can shake a stick at:

Sell
Rent out
Grass keep
Contract farming agreement
Share farm

These are a few, all hinges on what the person leaving farming wants for their retirement / future career.

Communication is key, and take professional advice.

 

[teslacoils]

Sell all kit. But little house in hot country. Rent out land, sheds. Spend winter in the heat. Back home for summer to watch the Tennant do it completely different to how you would have. Repeat.

 

[capfits]

Plant with trees, then sell up.

 

[delilah]

Give new entrants a start.
https://ecologicalland.coop/

 

[Frank-the-Wool]

See you are in Scotland so this may not be relevant but in England there will be a scheme to help farmers retire.
Depends on how much BPS you get and how it is taxed.
But if it is 5 years money and can be put in a pension then it could be a good way out.

I expect Scotland and Wales will put in place a similar scheme to get more young people in.

 

[DRC]

See you are in Scotland so this may not be relevant but in England there will be a scheme to help farmers retire.
Depends on how much BPS you get and how it is taxed.
But if it is 5 years money and can be put in a pension then it could be a good way out.

I expect Scotland and Wales will put in place a similar scheme to get more young people in.

What I don’t understand about any scheme to help farmers retire , is why this would be needed if the farm was owned.
likewise with AHA tenancies. Your not going to walk away from that without something from the landlord on top of any scheme. Might as well just carry on and contract farm it out.
The other thing to remember is, any land becoming available is very unlikely to be relet to a young entrant. Certainly our estate just want one or two big tenants .

 

[Hindsight]

What I don’t understand about any scheme to help farmers retire , is why this would be needed if the farm was owned.
likewise with AHA tenancies. Your not going to walk away from that without something from the landlord on top of any scheme. Might as well just carry on and contract farm it out.
The other thing to remember is, any land becoming available is very unlikely to be relet to a young entrant. Certainly our estate just want one or two big tenants .

The one or two big tenants will find a suitable young entrant to meet Defra's definition, once it is published.

 

[Dry Rot]

I have heard a couple of rumours akin to Frank-the-wool's post, i.e. a scheme to help farmers retire with a payout based on previous BPS, which is fine if you have taken BPS, some don't (me included)! I also saw an advert (?) regarding a scheme to put young aspiring farmers in touch with those wanting to exit, so I responded. I was asked for my email address which was supplied, and I have heard nothing since! Yes, I have advertised hoping for some interesting suggestions but nothing. I have had more comments here! The only responses I got to an advert were from dreamers wanting to set up 'recues' (now there's a thought! ) or wannabee life stylists looking to drop out! Leasing is not an option with the Scottish Government muttering about a tenant's right to buy. Not sure I am ready to move into a town house.... with.... neighbours. Thinking along the lines of donkeys, pea fowl, and pigs for the current lot....

At the moment, the logical thing seems to be to stay put!

 

[GeorgeK]

Hows about a sideways view on the subject?
The biggest barrier to exit is mindset. Quitting farming isn't taking the easy option, it's actually the hardest. It's not giving up, it's choosing to live. It's not weakness, it's standing up and saying "I'm not afraid of what others think, I will never be trapped or bullied, I will never stop moving forwards and I will always do what's best for me and mine"

How much punishment do we accept, ever heard of Stockholm Syndrome? Psychiatrist Dr Frank Ochberg explains how hostages/the abused can fall in love with their captors:
"...they experience a type of infantilisation - where, like a child, they are unable to eat, speak or go to the toilet without permission. Small acts of kindness - such as being given food - prompts a primitive gratitude for the gift of life. They are in denial that this is the person who put them in that situation. In their mind, they think this is the person who is going to let them live."

 

[Tim W]

Bit off topic----What's the given logic in the taxpayer funding a farmer to go out of business?

 

[B R C]

Yes I’m struggling with this, maybe it’s just going to be a lump sum of what they would be getting anyway for the next x number of years to leave. Not sure what what that means for the person who takes over though?

 

[heritagefarmer]

Yes I’m struggling with this, maybe it’s just going to be a lump sum of what they would be getting anyway for the next x number of years to leave. Not sure what what that means for the person who takes over though?

The was I see it, is the person who takes over then has the option to farm without subsidy or enrol into ELMS. Increasing the potential for early uptake.

 

[glasshouse]

I have heard a couple of rumours akin to Frank-the-wool's post, i.e. a scheme to help farmers retire with a payout based on previous BPS, which is fine if you have taken BPS, some don't (me included)! I also saw an advert (?) regarding a scheme to put young aspiring farmers in touch with those wanting to exit, so I responded. I was asked for my email address which was supplied, and I have heard nothing since! Yes, I have advertised hoping for some interesting suggestions but nothing. I have had more comments here! The only responses I got to an advert were from dreamers wanting to set up 'recues' (now there's a thought! ) or wannabee life stylists looking to drop out! Leasing is not an option with the Scottish Government muttering about a tenant's right to buy. Not sure I am ready to move into a town house.... with.... neighbours. Thinking along the lines of donkeys, pea fowl, and pigs for the current lot....

At the moment, the logical thing seems to be to stay put!

Right to buy has never and will never be applied to sldt or ldt leases.
Unless you want to give out a 91 act tenancy?

 

[Dry Rot]

Hows about a sideways view on the subject?
The biggest barrier to exit is mindset. Quitting farming isn't taking the easy option, it's actually the hardest. It's not giving up, it's choosing to live. It's not weakness, it's standing up and saying "I'm not afraid of what others think, I will never be trapped or bullied, I will never stop moving forwards and I will always do what's best for me and mine"

How much punishment do we accept, ever heard of Stockholm Syndrome? Psychiatrist Dr Frank Ochberg explains how hostages/the abused can fall in love with their captors:
"...they experience a type of infantilisation - where, like a child, they are unable to eat, speak or go to the toilet without permission. Small acts of kindness - such as being given food - prompts a primitive gratitude for the gift of life. They are in denial that this is the person who put them in that situation. In their mind, they think this is the person who is going to let them live."

An interesting post! I think I've been moving sideways most of my life or I would not be where I am now! I've only a small place and thanks to a miserable father who taught me how to do without money my needs are few. I have no problem living in relative poverty. So I've pretty much wasted my life doing what I want -- which has involved a lot of messing around with dogs and hawks and stuff that I have found interesting. I occasionally remind myself that it wasn't the middle of the road conformist who invented the wheel but the eccentric who came up with that first concentric piece of genius! So I can do sideways. No wife or kids, but my baggage does include a few dogs and Highland ponies and not much affection for my fellow creatures!

 

[ewald]

How can doing what you want be a wasted life?

Perhaps you have been right and the rest of us wrong - chasing yields, buying stuff that ultimately doesn't matter, doing things because it is 'expected'. Feeling in one of those 'what is it all about' moods this morning.....

 

[Cowcorn]

How can doing what you want be a wasted life?

Perhaps you have been right and the rest of us wrong - chasing yields, buying stuff that ultimately doesn't matter, doing things because it is 'expected'. Feeling in one of those 'what is it all about' moods this morning.....

Dont, worry about it its bloody December . Thanks to the curse of covid the pre christmas custom of pub lunches and pool pints and crack is cancelled. Myself and Norman are sharing the whats it all about thing to atm . But come Feb the length will come into the day, the sun will be felt on your back and men will rise from slumber and it will all start again

 

[Cowcorn]

Hows about a sideways view on the subject?
The biggest barrier to exit is mindset. Quitting farming isn't taking the easy option, it's actually the hardest. It's not giving up, it's choosing to live. It's not weakness, it's standing up and saying "I'm not afraid of what others think, I will never be trapped or bullied, I will never stop moving forwards and I will always do what's best for me and mine"

How much punishment do we accept, ever heard of Stockholm Syndrome? Psychiatrist Dr Frank Ochberg explains how hostages/the abused can fall in love with their captors:
"...they experience a type of infantilisation - where, like a child, they are unable to eat, speak or go to the toilet without permission. Small acts of kindness - such as being given food - prompts a primitive gratitude for the gift of life. They are in denial that this is the person who put them in that situation. In their mind, they think this is the person who is going to let them live."

A case of " free your mind and your ass will follow " .

 

[Tim W]

The was I see it, is the person who takes over then has the option to farm without subsidy or enrol into ELMS. Increasing the potential for early uptake.

Does that then mean that the land sold by the farmer is no longer eligible for subsidy and is therefore potentially worth less?
Sounds a bit of a con all round to me?