Business top stories

FINANCE

Borrowing update: Has Brexit hit lending to farmers?

Farmers are increasingly uncertain about what agricultural produce will be worth in future. This is causing difficulties for businesses to generate accurate forecasts to satisfy lenders that they are fit…

COMPLIANCE

How to protect farmland against new public rights of way

Landowners should take active steps to prevent members of the public accessing private land, to help prevent new rights of way being imposed on farms, including submitting ownership documents to…

STAFF MANAGEMENT

Tips for managing staff in diversified farm businesses

Staff management in a busy venture can take up a huge amount of time, whether it's recruitment, juggling rotas or making decisions on pay issues. With 70 full- and part-time…

FINANCE

10 tips to build a Brexit cash reserve for dairy farmers

Dairy producers should consider trimming capital expenditure and fixing costs to build up a cash reserve ahead of potential shocks from a no-deal Brexit, a dairy farm consultant has said.…

MEAT MARKETS AND PRICES

Irish cattle slaughter faces indefinite halt as talks stall

Farmers have been warned that cattle slaughtering across Ireland could be stopped indefinitely if protests at beef-processing plants continue, as industry-wide talks break down. Meetings between a number of farm…

SUCCESSION PLANNING

YFC launches training package on succession planning

Members of Young Farmers' Clubs across England and Wales can now access additional support to tackle the thorny issue of succession. The National Federation of Young Farmers’ Clubs (NFYFC) has…

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DIVERSIFICATION

Landowners move away from farming for business investments

Landowners are reducing investment in farming enterprises in favour of alternative rural diversifications amid Brexit uncertainty. Diversification consultant Rural Solutions conducts an annual sentiment survey of landowners of 225,000ha in…

MEAT MARKETS AND PRICES

Irish farmers to have casting vote on beef talks terms

Picketing farmers in Ireland will be given the opportunity to have their say in the beef price negotiations between farming groups and meat processors. Another round of talks took part…

BUSINESS

Financial Discipline cash heading back to farmers

Farmers will shortly receive a small payment from the Rural Payments Agency relating to their 2018 claims. Each year the European Commission applies what is known as a Financial Discipline…

AWARDS

Farmers Weekly Awards: Farm Supplier finalists 2019

Farmers wouldn’t be able to do what they do without the help and support of dedicated, professional suppliers. Whether it’s supplying feed, fertiliser or chemicals, or any one of countless…

MEAT MARKETS AND PRICES

Farmers seek new route to market as beef hits fresh low

Rising UK beef production caused by heavier carcass weights is stifling hopes of a recovery in prices, as trade fell to a fresh low this week. The UK average deadweight…

BUSINESS MANAGEMENT

AF Group pays out £800,000 member rebate

A Norfolk-based buying group has returned £800,000 to its members in its largest-ever crop protection rebate. AF Group, formerly known as Anglia Farmers, buys £275m worth of inputs and services…

BUSINESS MANAGEMENT

Leaf starts hunt for new demonstration farmers

A competition has opened to give two farmers looking to burnish their sustainability credentials the opportunity to win three years of technical support while helping other farmers to progress. Crop…

DAIRY MARKETS AND PRICES

First Milk holds milk price for October

First Milk is holding its member liquid milk price for October 2019 at 27.45p/litre. The processor’s manufacturing standard litre will also be held and remains at 28.37p/litre. Both prices include…

AWARDS

FW Awards: Farm Innovator finalists 2019

The most productive farm businesses have innovative farmers at their core. Whether integrating new technologies and techniques, or finding new ways of working and business arrangements, the most successful farmers realise…

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Latest from farm management Know How

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FINANCE

Borrowing update: Has Brexit hit lending to farmers?

Farmers are increasingly uncertain about what agricultural produce will be worth in future. This is causing difficulties for businesses to generate accurate forecasts to satisfy lenders that they are fit…

COMPLIANCE

How to protect farmland against new public rights of way

Landowners should take active steps to prevent members of the public accessing private land, to help prevent new rights of way being imposed on farms, including submitting ownership documents to…

JOB PROFILES

Job profile: What’s it like to be an agricultural solicitor?

The law has always attracted bright, ambitious young people, but specialising in agriculture can make for a fascinating, fulfilling career. Thirty-one-year-old Charlotte Razay, a solicitor with Michelmores’ agriculture team, advises…

STAFF MANAGEMENT

Tips for managing staff in diversified farm businesses

Staff management in a busy venture can take up a huge amount of time, whether it's recruitment, juggling rotas or making decisions on pay issues. With 70 full- and part-time…

FINANCE

10 tips to build a Brexit cash reserve for dairy farmers

Dairy producers should consider trimming capital expenditure and fixing costs to build up a cash reserve ahead of potential shocks from a no-deal Brexit, a dairy farm consultant has said.…

JOB PROFILES

Job profile: What’s it like to be a farm manager?

Farm managers are responsible for the day-to-day running of a farm on behalf of a landowner, while making sure that the business is both profitable and sustainable over the longer…

LAND MARKETS

Planning a farm dispersal sale: What you need to know

Choosing a date, lotting items and organising on-site facilities are all parts of the preparation process for a farm dispersal sale. Farmers can get a huge amount of support, says…

BUSINESS CLINIC

Business Clinic: Do I need permission to replace wall?

Whether it’s a legal, tax, insurance, management or land issue, Farmers Weekly’s experts can help. Here, Alex Madden of Thrings advises on the planning aspects of removing and old wall…

BUSINESS CLINIC

Business Clinic: Can I convert dairy shed to residential use?

Whether it’s a legal, tax, insurance, management or land issue, Farmers Weekly’s experts can help. Here, Nicola Palfrey of Carter Jonas advises on the prospects for making use of permitted…

BUSINESS CLINIC

Business Clinic: Tax advice on making more of woodlands

Whether it’s a legal, tax, insurance, management or land issue, Farmers Weekly’s experts can help. Here, Paul Topham of accountant Baldwins explains the ins and outs of tax on woodland.…

COMPLIANCE

Which rules are relaxed when farmland is flooded?

Farmers watching flood waters rise across their land often have little time to save livestock and move machinery, let alone comply with normal animal movement and cross-compliance regulations. Fortunately, Defra…

LAND MARKETS

What puts land and property buyers off farmland?

The most important part of preparing land and property for sale is ensuring everything a potential buyer wants to know is legally documented and presented clearly, say agents. This includes…

TAX

Advice on selling farm dwellings before CGT rule change

Capital gains tax (CGT) rules on residential property are being tightened from April 2020, so farmers and landowners may want to try to complete any planned sales before this deadline,…

TAX

Advice on IHT reliefs for farmers with diversifications

Diversified businesses need to regularly review their position to ensure that valuable reliefs from inheritance tax (IHT) are not lost by default, warn advisers. While qualifying farming assets may attract…

FARM ENERGY

How the new renewable electricity export scheme works

A new scheme has been launched promising a guaranteed market for surplus electricity generated by renewable energy installations. We asked Roadnight Taylor senior consultant Richard Palmer to explain what the…

DIVERSIFICATION

So you want to… get into contracting?

Farmers and contractors work in partnership to get the biggest and most specialist jobs done throughout the year. As machinery and labour get ever expensive and difficult for an individual…

Business Clinic

BUSINESS CLINIC

Business Clinic: Do I need permission to replace wall?

Whether it’s a legal, tax, insurance, management or land issue, Farmers Weekly’s experts can help. Here, Alex Madden of Thrings advises on the planning aspects of removing and old wall…

BUSINESS CLINIC

Business Clinic: Can I convert dairy shed to residential use?

Whether it’s a legal, tax, insurance, management or land issue, Farmers Weekly’s experts can help. Here, Nicola Palfrey of Carter Jonas advises on the prospects for making use of permitted…

BUSINESS CLINIC

Business Clinic: Tax advice on making more of woodlands

Whether it’s a legal, tax, insurance, management or land issue, Farmers Weekly’s experts can help. Here, Paul Topham of accountant Baldwins explains the ins and outs of tax on woodland.…

BUSINESS CLINIC

Business Clinic: How likely is inheritance tax reform?

Whether it’s a legal, tax, insurance, management or land issue, Farmers Weekly’s experts can help. Here, Nicholas Smith of Duncan & Toplis tackles an inheritance tax issue. Q. My parents…

 

Markets and trends

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MEAT MARKETS AND PRICES

Irish farmers to have casting vote on beef talks terms

Picketing farmers in Ireland will be given the opportunity to have their say in the beef price negotiations between farming groups and meat processors. Another round of talks took part…

MEAT MARKETS AND PRICES

Farmers seek new route to market as beef hits fresh low

Rising UK beef production caused by heavier carcass weights is stifling hopes of a recovery in prices, as trade fell to a fresh low this week. The UK average deadweight…

DAIRY MARKETS AND PRICES

First Milk holds milk price for October

First Milk is holding its member liquid milk price for October 2019 at 27.45p/litre. The processor’s manufacturing standard litre will also be held and remains at 28.37p/litre. Both prices include…

LAND MARKETS

Planning a farm dispersal sale: What you need to know

Choosing a date, lotting items and organising on-site facilities are all parts of the preparation process for a farm dispersal sale. Farmers can get a huge amount of support, says…

TAKING STOCK

Beef industry hopes market has bottomed

Analysts are suggesting cattle prices could lift through the autumn after a summer that beef producers will want to forget. Values often fall sharply in the first half of the…

BUSINESS

Supermarket monitor shows strong commitment to Scotch lamb

Most supermarkets in Scotland are stocking more home-produced lamb but Asda still lags behind, according to monitoring by NFU Scotland (NFUS) members. The covert shelfwatch initiative visited stores between 15-26…

DAIRY MARKETS AND PRICES

Muller cuts milk price by 1p/litre for direct suppliers

Muller Direct suppliers will be going into the autumn with a 1p/litre price drop to 25.25p/litre from 1 October. Those who meet the conditions for the Muller Direct Premium 2019,…

BUSINESS

Tulip pigs sold to global food processing giant for £290m

The UK's biggest pork producer, Tulip, has been sold by Danish Crown for $354m (£290m) to a Brazilian-owned food processing giant.  Tulip will become part of the Pilgrim’s Pride Corporation,…

Futures prices

Updated every 15 minutes
Month Price Changeinprice
Nov '19 134.50 1.00
Jan '20 136.05 -
Mar '20 138.65 -
May '20 140.85 0.65
Jul '20 148.75 -
Nov '20 144.20 0.30
Jan '21 146.35 -
Mar '21 148.15 -

The land market where you live

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LAND MARKETS

The land market where you live: Scotland

More Scottish farmland has come to the market in 2018 than at any point in the previous 10 years. Strong supply has been as much a feature in Scotland as…

LAND MARKETS

The land market where you live: West Midlands

Some big prices were paid in the West Midlands in 2018, with one sale of arable land fetching £15,000/acre. Data from Strutt & Parker emphasises regional agents’ views that there…

LAND MARKETS

The land market where you live: East of England

Plenty of choice and some strong prices have been recorded in the east of England in 2018. There was a big jump in year-on-year supply in the region ­– nearly…

LAND MARKETS

The land market where you live: Wales

Welsh farmland supply increased by 25% to the end of September, but data also shows a softening of values across the board. Savills says more than 10,000 acres have been…