More than 10,000 farmers have now applied to join the Sustainable Farming Incentive (SFI) – and receive payments actions that support food production and the environment. One-in-eight eligible farmers having submitted applications for the Defra scheme in the four months since it re-opened last September. This is on top... Read more
Non-farmers purchased more than half of all farms sold on the open market last year, suggest the latest figures from land agents Strutt & Parker. Farmers accounted for the lowest level of transactions on record during 2023 – equivalent to only 44% of open market transactions during the year... Read more
A step-by-step approach will help growers get the most from the government’s Sustainable Farming Incentive – delivering bigger benefits for farm businesses and for the environment, say advisers. “While 2024 has started with the promise of numerous new SFI options to be introduced during the summer, coupled to a... Read more
Local charities across the Midlands have received more than £178,000 in donations raised by the region’s NFU Mutual office. Some 40 local charities will received a share of the money – part of a £1.92 million Agency Giving Fund launched by the rural insurer’s head office in Stratford upon... Read more
Farmers and self-employed people working in agriculture are being urged to update their pension contributions following two years of high inflation. Many farmers use pensions as an alternative income stream in later life to reduce the impact of multiple generations taking income from the farm – and the number... 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
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
Shropshire-based land agent Halls has strengthened two of its divisions by recruiting graduate surveyors. Kate Oakes, 22, from Penkridge, joins the rural professional team led by Halls’ associate director Louise Preece at the firm’s Shrewsbury headquarters. At the same time, Ellie Studley, 21, from Malpas, joins the commercial team... 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
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