Now is a great time to invest in buildings – it can increase effi ciency, bring new opportunities and future-proof your business against whatever Brexit might bring. So is now the moment to seize the initiative and start building?
Favourable permitted development regulations, the availability of cheap fi nance and the contribution that buildings can play to a rural business’s bottom line are prompting many to explore the options.
In a world where much is unknown, here’s one thing we do know: Farms will see a huge drop in direct subsidy payments over the next nine years.
A 200ha (500 acre) farm received a BPS payment of £45,700 in 2018; dependent upon fl uctuations in the exchange rate, this will be similar in 2019 and 2020.
Farmers have incorporated non-food enterprises into their businesses for years. When “diversifi cation” was fi rst allied to agriculture it coincided with some major events; the introduction of milk quotas in 1984, the BSE crisis in the 90s and the downturn in arable profi tability in the late 80s and early 90s.
Bill and Ben are at their local. “The boss is still talking about going to 300 milkers. An extra 50 cows won’t make much difference to the workload but what happens if there is no one to buy the milk?” They chat about Brexit and conclude they know far too little about WTO or international trade agreements to form a meaningful opinion.
Winter is conference and farm discussion group season.
In the past, my attendance has always peaked to coincide with a review of the Common Agricultural Policy. It is perhaps no surprise then that I find myself attending these events on a frequent basis this winter.
Our industry is populated by SME entrepreneurs who aren’t in general afraid of anything, but mention succession – whether through inheritance or retirement – and the tension levels rise.
I recently had the privilege of speaking to a farmer discussion group about succession planning.
Article by Mark Weaver Open PDF
Sometimes the devil is in the detail and as a detail man, lack of it worries me.
We are told by government that “the Agriculture Bill provides for a range of enabling powers to ensure stability for farmers as the UK exits from the EU’s Common Agricultural Policy and compliance with the World Trade Organisation Agreement on Agriculture.
Article by Anthony Weston Open PDF
The Agriculture bill in numbers, Countryside Stewardship Scheme and Planning and Development
Article by CLM Open PDF
29 March 2019 will be a watershed. Currently, the 33.6 million that voted in the referendum watch with increasing disbelief as UK leaders attempt to negotiate an exit from the European Union while parties fight openly among themselves. And as for the exit process this appears to do no more than stagger from side to side like a passenger aboard a cross channel ferry in rough seas!
Bordeaux, Napa Valley, Stellenbosch and Tuscany; all are recognised for producing quality wines with reputations established over centuries of consistent production. Is it now plausible to include Southern England alongside this illustrious list and, if so, should viticulture be an option for your land?