Recent increases in farmland values are start to ease as the industry feels the impact of higher interest rates and production costs, say land agents. Prime arable land in the eastern region is now trading at an average of £10,404/acre – up 3% compared to the end of September... Read more
Non-farm income is an increasingly important source of revenue for farmers as they seek to offset reductions in government support. UK farm income from diversification enterprises has risen to 13% of turnover in 2023, suggests research from rural insurer NFU Mutual. Some 34% of farmers now run a diversified... Read more
With a new cropping season underway, farmers and rural businesses are being urged to apply for free advice to help with budgeting and cashflow forecasting. Support is available through the Future Farming Resilience Fund – and on offer to any farmer registered with the Rural Payments Agency. Tim Frost,... Read more
The first early payments have been made to farmers who signed up to Defra’s revised Sustainable Farming Incentive (SFI) agri-environment scheme. Early payments, worth 25% of the annual value of SFI agreements, were made in mid-October – just one month after the start of applications. Defra said the money... Read more
Farmland values have plateaued following eight successive quarters of sustained growth, suggest the latest estimates. Arable land prices have averaged £10,900/acre so far during 2023, according to Strutt & Parker’s farmland database, which records sales of farms, estates and blocks of publicly marketed land larger than 100 acres. This... Read more
The Royal Agricultural Society of England has named farm conservationist Alastair Leake as the recipient of its 2023 National Agricultural Award. The award recognises Dr Leake’s outstanding contribution to British agriculture through his work leading the Allerton Project – the Game & Wildlife Conservation Trust demonstration farm which showcases... Read more
The future of farm management will be debated at a major agricultural conference in London next month. Organised by the Institute of Agricultural Management (IAgrM), the National Farm Management Conference will see a host of top speakers take to the stage on Tuesday, 7 November at the QEII Centre,... Read more
Almost nine out of 10 farmers believe regenerative agricultural practices can go in hand-in-hand with the latest agri-technology, reveals a survey.
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The government’s revamped Sustainable Farming Incentive is easier to fit around some farming activities – but less lucrative in some situations.
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Big demand for prime arable land
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