Farmland values reach six-year high

Written by Charlotte Cunningham from CPM Magazine

Agricultural land values in England have reached their highest level since 2016, with the majority of farms and estates now selling for at, or more than, their guide price, according to the latest research from Strutt & Parker. Analysis of Strutt & Parker’s Farmland Database, which records the details of all farms, estates and blocks of publicly marketed farmland in England over 100 acres (40ha) in size, shows the average value of arable land is currently at £9,500/acre (£23,475/ha) – a rise of £100/acre (£247/ha) since the end of 2021. In recent years, 20-25% of arable land has tended to sell for £8,000/acre (£19,768/ha) or less, but latest figures show that in 2021 only 11% did, with more selling for between £8,000 (£19,768/ha) and £10,000/acre (£24,710/ha) Matthew Sudlow, head of estates and farm agency said: “Land values continue to march upwards – the average value of arable land is now 2% higher than a year ago and not far off the values seen at the peak of the market in 2014/2015. The average value of pasture is £7,500/acre (£18,532/ha), which is also 3% higher than 12 months ago. Of course, averages do mask that there is still wide variability in…
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Red Tractor drops launch of green farming scheme amid anger from farmers

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As reported in Independent


quote: “Red Tractor has confirmed it is dropping plans to launch its green farming assurance standard in April“

read the TFF thread here: https://thefarmingforum.co.uk/index.php?threads/gfc-was-to-go-ahead-now-not-going-ahead.405234/
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