Paying farmers a lump sum to retire

[Sid]

UK government to pay older farmers to retire

Older farmers in England will be paid to retire under a government scheme.

www.bbc.co.uk

Average farmer could get 50k with the largest landowners getting 100k
Average farmer gets 21k per year

"Older farmers are often most resistant to new "green" methods, and Environment Secretary George Eustice wants them to move on"

"The government believes that younger farmers will be more open to new nature-friendly ideas and more inclined to seek income by diversifying into businesses such as camping or glamping."


Basically old farmer produce food for a living, whereas young farmers have to subsidise the food side of the business with a diversification. Why even bother with food production?

Discuss

 

[Kevtherev]

A good idea to help older farmers with retirement and let youngsters into the industry.
BUT where are all the youngsters keen to get into farming?
Plus where is UK food production headed?
Import it all to a wildlife&wolf island maybe??????

 

[Sid]

A good idea to help older farmers with retirement and let youngsters into the industry.
BUT where are all the youngsters keen to get into farming?
Plus where is UK food production headed?
Import it all to a wildlife&wolf island maybe??????

They are out there with sun glasses on hauling crops for digestators and think that's farming?

 

[jondear]

Or on Tik Tok

Keith Winley on TikTok

unbelievable what I found in the barn this morning. #rats #foryou #rangers #lbgt #palestine #mice #wow #help #farm #uktiktok #usa #british

vm.tiktok.com

 

[patrick2850]

UK government to pay older farmers to retire

Older farmers in England will be paid to retire under a government scheme.

www.bbc.co.uk

Average farmer could get 50k with the largest landowners getting 100k
Average farmer gets 21k per year

"Older farmers are often most resistant to new "green" methods, and Environment Secretary George Eustice wants them to move on"

"The government believes that younger farmers will be more open to new nature-friendly ideas and more inclined to seek income by diversifying into businesses such as camping or glamping."


Basically old farmer produce food for a living, whereas young farmers have to subsidise the food side of the business with a diversification. Why even bother with food production?

Discuss

Slightly off topic, but what has the photo and caption stating greenhouse gas emissions got to do with retirement? Classic bbc sniping

 

[Yale]

Surely the only ‘old farmers‘ who would take the money would be going to give up anyway?

A lot want to ‘die with their boots on’.

Another thing is if they didn’t have to farm they would have to spend more time with the wife......

Edit.Or husband....

 

[GeorgeK]

Still very little in the way of details, hopefully the consultation published today will have more. It says 'older farmers,' does this mean it will be age restricted? Says average BPS claim is 20k and average payout could be 50k so does this mean 2.5 X bps limited to 100k? Not sure if that will be enough to convince many to retire.

 

[ajd132]

Surely land owners who have already received masses of tax payers money through their careers should be able to retire without having to have more given to them?

 

[Sid]

Surely the only ‘old farmers‘ who would take the money would be going to give up anyway?

A lot want to ‘die with their boots on’.

Another thing is if they didn’t have to farm they would have to spend more time with the wife......

Edit.Or husband....

200 acre farm @£8000/ac
House @£350,000
£2,000,000 in asset value but will sell it up for £50k lump sum?

Or is it just to stop farming the land themselves?

 

[Classichay]

surely cant be viable, maybe the cut in payments will sort the scheme farmers out of the mix soon enough.....

 

[Mc115reed]

I can see it now... farmer retires and takes his 100k pay out... then rents his farm too a keen young farmer who hasn’t got a clue what he’s getting in for... the farmer then Carry’s on running his farm with the young lad being just a worker and on paper everything looks grand

 

[Yale]

I’d actually disagree with what the government are thinking.

Older farmers tend to farm less intensively and care for their farm by letting it go a bit.

Gov obviously doesn‘t want to encourage food production so what’s the big deal with a bunch of geriatrics running the place.

It would allow younger farmers to get a ‘proper job’ which actually has prospects.

 

[GeorgeK]

I’d actually disagree with what the government are thinking.

Older farmers tend to farm less intensively and care for their farm by letting it go a bit.

Gov obviously doesn‘t want to encourage food production so what’s the big deal with a bunch of geriatrics running the place.

It would allow younger farmers to get a ‘proper job’ which actually has prospects.

As a skeptic I think the government can see hard times coming for some when subs are gone. I think they are covering themselves so they can say "Well we offered you a way out you didn't take it. Now you're broke it's not our problem."

 

[Bill dog]

What age do they class as old I wonder ?
And having farmed through such excitement as high interest rates, bse, foot n mouth disease, and years of variable weather, surely the more mature farmers know fine well how to adapt !
I’m only 48, spring chicken me !

 

[Hfd Cattle]

So I take the payment .....do I have to sell my farm ....can I rent it out for more income .....
If the payout is based on area payments which we have had then it's no good to me as 3 of the farms I rent I don't get any area payments on .....I only claim on ground I own

 

[Henarar]

I’d actually disagree with what the government are thinking.

Older farmers tend to farm less intensively and care for their farm by letting it go a bit.

Gov obviously doesn‘t want to encourage food production so what’s the big deal with a bunch of geriatrics running the place.

It would allow younger farmers to get a ‘proper job’ which actually has prospects.

Yep
I would think the same, farms farmed by older farmers are more environmentally friendly places.
Seems like they want yonger people to keep producing food but subsidise it themselves through diversification so the gov don't have to subsidise it

 

[Sid]

Average farmer gets 21k
This year has already been claimed.
So defra calculator says

Total for 3 final years is £40950 I can claim 50k.

Structure the business the right way,where do I sign?

 

[chipchap]

I honestly feel that food production will be more profitable going forward.

 

[ski]

We paid you to produce, we paid you to produces less, we paid you to do some dubious green stuff, now we're going to try and pay you off. (Lesson learnt by HM Gov, "they always take the shilling", lesson that we should learn, you'll reap what you sow)

 

[Sid]

I honestly feel that food production will be more profitable going forward.

Will or may?

We have seen large upward movements in cattle lamb grain, but is it more profitable or just "catching" up?

Work out how much the BPS is worth per kg of meat, per litre of milk or per ton of grain leaving your farm.
Then come back .