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Farm Business
Agricultural Matters
Owen Paterson nails his colours to the mast
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<blockquote data-quote="Brisel" data-source="post: 3742570" data-attributes="member: 166"><p>Ah, yes. So much land was available to rent pre 1995. The amount of land coming up for tender was virtually nothing. Ok, FBTs are heading that way too but there are many more of these changing hands now than before.</p><p></p><p>Supply and demand sets rent levels. If farmers told the agents to get lost then no one would rent it. Then rents would have to fall to a level where bids started coming back. Tenants play the game by bidding high rents and suffer for it. This creates the comparables agents use to talk the rents up.</p><p></p><p>If Patterson's vision comes true there will be a lot less rent paid out or there will be mass land abandonment.</p></blockquote><p></p>
[QUOTE="Brisel, post: 3742570, member: 166"] Ah, yes. So much land was available to rent pre 1995. The amount of land coming up for tender was virtually nothing. Ok, FBTs are heading that way too but there are many more of these changing hands now than before. Supply and demand sets rent levels. If farmers told the agents to get lost then no one would rent it. Then rents would have to fall to a level where bids started coming back. Tenants play the game by bidding high rents and suffer for it. This creates the comparables agents use to talk the rents up. If Patterson's vision comes true there will be a lot less rent paid out or there will be mass land abandonment. [/QUOTE]
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Owen Paterson nails his colours to the mast
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