FT get leaked speech...

[farmerm]

Non but no other industry owns the land mass that we farmers do

Ok I am being thick, how does ownership of land differ to ownership of an oil refinery or a factory or some buy to let properties or a car, a bike or a pencil?

 

[Banana Bar]

JRM says we will be much better off in 50 years.
I'll be 120 by then!

I’m sure everybody who voted out will be thrilled at this. I’m way past the mud flinging at brexiteers but I shall never understand or forgive them for the way our country is likely to come out of this.

 

[Banana Bar]

I’m not convinced in any way that ELMs will be up and running by 2024 as they have stated.

I wouldn’t be surprised if ELMS never launches. Why would rewilding need to be paid for if land was abandoned or turned to dog and stick farming?

BB

 

[Banana Bar]

Europe it completely bust too, more so than the uk, most of the south was bust pre covid (spain portugal greece)

you think there gonna keep handing out subs... they have already said they propose to reduce them, i suspect they will take a big hit like ours.

i think were better off out now more than i ever did before personally!

were all fu3ked, in Europe or not, who knows time will tell!

This is very true. Subsidised EU agriculture is coming to an end, maybe EU agriculture is coming to an end?

BB

 

[Banana Bar]

No speech or document is ever “leaked”. It’s sent to them to soften the blow.

Or see what the press reaction is and amend slightly to soften the blow. Almost everything coming from government is delivered by media long before any official announcement is made.

 

[deere 6600]

Or see what the press reaction is and amend slightly to soften the blow. Almost everything coming from government is delivered by media long before any official announcement is made.

The CAP I produce cheap food the govt gives me a pound for doing it

 

[GeorgeK]

I was amazed that so many farmers Voted Leave?

I cannot fathom it out

Subs, selling development land and general rocketing land prices = wealth and big egos without ever having run a profitable business. Protected from and therefore little understanding of global commodity markets and the realities of surviving in an unsubsidised and competitive business environment

 

[puppet]

I understand the new CAP over there will have a reduced budget, but nowhere near the extent of the drop being planned here. They are also apparently intent on keeping a degree of direct payments to reduce the impact of price volatility.

Our lot are intent on cr*pping on our industry from a height, as they have been trying to push the whole of the EU to do at every single round of CAP reforms for decades.

To complicate matters 'our lot' may be different from our lot in Scotland. I think the SNP recognise the risk to the rural economy if subs collapse.

 

[Northern territory]

Subs, selling development land and general rocketing land prices = wealth and big egos without ever having run a profitable business. Protected from and therefore little understanding of global commodity markets and the realities of surviving in an unsubsidised and competitive business environment

Something needs to be done about development land it’s causing a big imbalance.

 

[roscoe erf]

You're the one signing the death warrant. Christmas is coming, cluck, cluck cluck.

I'm having duck this Christmas

 

[No wot]

I was amazed that so many farmers Voted Leave?

I cannot fathom it out

Only a farmer could receive a substantial annual payment and then bite the hand that feeds him , yeah some large commercial farmers who vote leave new what they where doing but any farmer that relies on sub and voted out is going to be very very disappointed but they will have "taken back control " ?

 

[midlandslad]

Looks like we will get some actual direction of travel at least.

 

[midlandslad]

Something needs to be done about development land it’s causing a big imbalance.

Imbalance in terms of those with and without. Never seemed much of an issue a few years ago.

 

[ajd132]

Hardly a surprise, I cannot understand how anyone could think elms would even get near replacing bps.
Plan for absolutely no support.

 

[Humble Village Farmer]

To complicate matters 'our lot' may be different from our lot in Scotland. I think the SNP recognise the risk to the rural economy if subs collapse.

I think agriculture is a much larger proportion of the economy in Scotland

 

[Humble Village Farmer]

Hardly a surprise, I cannot understand how anyone could think elms would even get near replacing bps.
Plan for absolutely no support.

I think there will be some level of support. They like telling us what to do.

 

[ajd132]

I think there will be some level of support. They like telling us what to do.

Best to plan for none I think. I reckon max £30-40/ha?

 

[glasshouse]

Non but no other industry owns the land mass that we farmers do

That SOME farmers do!!

 

[glasshouse]

Source is FT


However, under the plans seen by the Financial Times, English farmers currently receiving more than £30,000 a year are set to face cuts even higher than 50 per cent by 2024, with the slice of payments between £30,000 and £50,000 to be cut by 55 per cent from their pre-Brexit rates, the portion up to £150,000 to be cut by 65 per cent, and any payments beyond that to be slashed by 70 per cent.

Dyson will be selling up

 

[robs1]

We have had many years to prepare for the loss of subs yet still there appears to be those who want still get their yearly fix, how many of those who take on FBT land say the sub just goes to the land owner ? So why are they worried by it going, rents will plummet if farming isnt profitable, inputs will need to follow, machinery prices will drop.
The going gets tough the tough get going, if it gets as bad as the 1930's which is very unlikely the same will happen, a whole new generation of young keen vibrant generation of farmers will emerge.
Too many of the current one has become too used to get their fix and taking on more ground just to willy wave over how many acres they farm.