Julian Gold inspects a field of winter barley
Big farming businesses may take a much bigger hit from a hard Brexit than smaller, owner-occupied farms, due to an increase in labour costs and a reduction in direct payments. As Oxfordshire farm manager Julian Gold has calculated using AHDB’s Brexit impact assessment, such an outcome would turn the current £40,000 profit from his employers’ 750ha arable estate into a £175,000 loss. On Hendred Estate, the labour bill rises by more than £70,000, while the removal of Pillar I payments […]
This article is for registered users.
To continue reading register for free...
Register for free with Farmers Weekly

Register for free to read this article, and for access to:

  • Exclusive news
  • Insight and opinion
  • Market and farming trends

Already registered? Sign in.

...or to get unlimited access to FWI.co.uk