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SUCCESSION PLANNING

Farmer wins multimillion pound court case against father

An Oxfordshire farmer has won a High Court case against his father over a dispute about the inheritance of an £8m estate. John Michael Gee, 60, began working on the…

TENANCIES AND RENTS

10-year FBT offer for new entrant on Cumbrian stock farm

A new entrant will get the chance to start a stock-rearing enterprise with a 10-year farm business tenancy (FBT) near Carlisle. Slealands Farm, near Longtown in Cumbria, has 175-acres of Grade…

DIVERSIFICATION

Selling farm products online - what you need to know

Shopping online is the norm for many consumers these days and more and more farmers are exploring opportunities to sell products via the internet. It's not without challenges, however, so…

YOUNG FARMERS

How to become a county council farm tenant

County council farms provide a great opportunity for people looking to reach the first rung in the farming ladder and many holdings are designed specifically with new entrants in mind.…

LAND MARKETS

How to choose the right way to sell your farmland

Digital marketing and bureaucracy have changed the way farms are now being sold in the UK. Auctions were once the preferred method and do remain a popular route for selling…

BUSINESS MANAGEMENT

Arable margins set to fall as cost of production rises

Combinable crop margins are set to fall by more than £80/ha for both the 2018 and 2019 harvests after the improvement seen in 2017 crop results, says consultant Andersons. Lower…

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MEAT MARKETS AND PRICES

Tight supplies predicted to preserve Scots meat prices

Red meat producers in Scotland are likely to see strong prices for beef and lamb for the remainder of the year as tight supplies give farmers the upper hand over…

PAYMENTS, SCHEMES AND GRANTS

£5,000 grants on offer to promote local food in Scotland

Farmers in Scotland can apply for grants of up to £5,000 for projects promoting locally sourced food and drink. A total of £250,000 is available for the Connect Local Regional Food…

DIVERSIFICATION

Poultry firm offers free-range deal to entice arable farms

One of the UK’s largest free-range chicken producers has urged arable farmers to invest up to £1m and diversify into contract poultry production. Traditional Norfolk Poultry (TNP) already operates more…

TAX

Farmers told to apply for climate change tax discount

The NFU has warned farmers they face rises in climate change taxes unless they register for a discount scheme before the 31 July deadline. The Climate Change Levy (CCL) is…

MARKETS AND TRENDS

USDA harvest forecast sees volatile week for new crop wheat

New crop wheat prices have had a volatile week after forecasts of a poor Russian harvest initially pushed up values before they fell back again amid concern over the US-China…

TAX

CLA warns changes in inheritance tax regime will be harmful

The government has been cautioned against making major changes to the inheritance tax (IHT) system on the ground it could lead to major upheaval for farm businesses. But the Country…

MARKETS AND TRENDS

Dividend up at AF Group after costs slashed

The UK’s largest agricultural purchasing group has announced it is increasing the dividend it pays to its shareholder members this year. AF Group, formerly known as Anglia Farmers, will distribute…

MARKETS AND TRENDS

Trade minister grilled on agri-food post Brexit

The future of the agri-food sector after the UK leaves the EU was under scrutiny in Parliament on Wednesday (6 June) as, Liam Fox’s number two, Greg Hands MP appeared…

MILK PRICES

NFU promotes British-made ice-cream to public

British dairy farmers who produce and sell ice cream from the farmgate are being encouraged to sign up for the NFU’s nationwide Ice Cream Map. The interactive map, which already…

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Farm Succession Planning

Farm Succession Planning offers the whole farming family the chance to learn how to approach this difficult subject. The one-day conference will provide a full agenda with panel discussions, breakout sessions, and networking where you can speak freely among peers.
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Latest from farm managment Know How

BUSINESS MANAGEMENT

Model Dairy Farm: Budget revised down after long winter

One of the longest winters in living memory has forced the Savills Model Dairy Farm, like many others, to revise its budget down for the financial year ending 31 March…

BUSINESS MANAGEMENT

Business Clinic: How can I make returning to the farm work?

Whether you have a legal, tax, insurance, management or land issue, Farmers Weekly’s Business Clinic experts can help. Here, Michael Mack of Savills advises on issues likely to arise when…

STAFF MANAGEMENT

Why farmers need contracts for family workers

Failing to create official contracts for family members that detail the terms and conditions of employment could lead to legal problems, succession planning issues, and even the break-up of families,…

TAX

Business Clinic: Tax implications of land sales

Whether you have a legal, tax, insurance, management or land issue, Farmers Weekly’s Business Clinic experts can help. Here, Claire Hulme of accountant Duncan & Toplis advises on the tax…

SUCCESSION PLANNING

How mediation can help resolve farm planning disputes

When planning for the future ends with multiple parties at loggerheads, no one is a winner­­­­ and the farm business can suffer as a result. That’s why some families are…

TENANCIES AND RENTS

Business Clinic: Are undocumented grass lets a problem?

Whether you have a legal, tax, insurance, management or land issue, Farmers Weekly’s Business Clinic experts can help. Here, Duncan Sigournay of Thrings advises on the common issue of long-standing…

SUCCESSION PLANNING

Leaving the farm to children: Farm succession advice

“Fair” and “equal” are not necessarily the same thing when it comes to farming succession and passing on assets. US attorney and adviser John Baker works for the Iowa State…

SUCCESSION PLANNING

How a young farmworker helped solve a succession crisis

The owner of an upland sheep and cattle farm in South Wales has sorted out her succession plan by bringing her farmworker into the business as a junior partner and…

BUSINESS MANAGEMENT

4 questions to ask to begin strategic planning

Scotland’s Farm Advisory Service has come up with four questions it suggests farmers should work their way through in order to improve their strategic planning. The service, funded by the…

BUSINESS MANAGEMENT

Benchmarking arable performance - where to start

Understanding the financial and physical performance of your business is vital to make accurate management decisions and maximise profitability. Benchmarking for the first time can be daunting given the array…

TAX

Warning over pitfalls of sideways tax relief

Farmers have been warned to be aware of the complexities surrounding the use of sideways loss relief  to minimise income tax bills. Accountant Saffery Champness said it was offering “a…

DIVERSIFICATION

8 Farmers Weekly Awards finalists give diversification tips

Farmers Weekly asked some of its diversification award finalists from the past few years for their tips and experience of planning and running a new and different enterprise. Managing many…

TAX

Business clinic: Tax implications of changing company structure

Whether you have a legal, tax, insurance, management or land issue, Farmers Weekly’s Business Clinic experts can help. Here, Peter Griffiths, tax director at Hazlewoods, advises on the tax considerations…

PARTNERSHIPS

Business clinic: Can uncle use partnership assets?

Whether you have a legal, tax, insurance, management or land issue, Farmers Weekly’s Business Clinic experts can help. Here, Thrings associate Robert James advises on a tricky partnership question. Q My…

STAFF MANAGEMENT

Business Clinic: How can I recruit good farm staff?

Whether you have a legal, tax, insurance, management or land issue, Farmers Weekly’s Business Clinic experts can help. Here, William Baillie of Savills advises on recruiting an assistant farm manager.…

PAYMENTS, SCHEMES AND GRANTS

Key cross-compliance and greening dates by region

The list of cross-compliance and greening rules farmers need to follow is long and life is made even more complicated by the fact each of the devolved regions has slightly…

Business Clinic

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BUSINESS MANAGEMENT

Business Clinic: How can I make returning to the farm work?

Whether you have a legal, tax, insurance, management or land issue, Farmers Weekly’s Business Clinic experts can help. Here, Michael Mack of Savills advises on issues likely to arise when…

TAX

Business Clinic: Tax implications of land sales

Whether you have a legal, tax, insurance, management or land issue, Farmers Weekly’s Business Clinic experts can help. Here, Claire Hulme of accountant Duncan & Toplis advises on the tax…

TENANCIES AND RENTS

Business Clinic: Are undocumented grass lets a problem?

Whether you have a legal, tax, insurance, management or land issue, Farmers Weekly’s Business Clinic experts can help. Here, Duncan Sigournay of Thrings advises on the common issue of long-standing…

TAX

Business clinic: Tax implications of changing company structure

Whether you have a legal, tax, insurance, management or land issue, Farmers Weekly’s Business Clinic experts can help. Here, Peter Griffiths, tax director at Hazlewoods, advises on the tax considerations…

Markets and trends

See all

MEAT MARKETS AND PRICES

Tight supplies predicted to preserve Scots meat prices

Red meat producers in Scotland are likely to see strong prices for beef and lamb for the remainder of the year as tight supplies give farmers the upper hand over…

MARKETS AND TRENDS

USDA harvest forecast sees volatile week for new crop wheat

New crop wheat prices have had a volatile week after forecasts of a poor Russian harvest initially pushed up values before they fell back again amid concern over the US-China…

TAKING STOCK

National cow shortage pushes up cull prices

Phenomenal and at times record cull cow prices have been unable to coax more cows to market, as auctioneers report a national average price of 132.88p/kg to start June. This…

MARKETS AND TRENDS

Dividend up at AF Group after costs slashed

The UK’s largest agricultural purchasing group has announced it is increasing the dividend it pays to its shareholder members this year. AF Group, formerly known as Anglia Farmers, will distribute…

MARKETS AND TRENDS

Trade minister grilled on agri-food post Brexit

The future of the agri-food sector after the UK leaves the EU was under scrutiny in Parliament on Wednesday (6 June) as, Liam Fox’s number two, Greg Hands MP appeared…

TAKING STOCK

Slaughter figures suggest cull ewes are returning to farms

Live mart cull ewe throughputs are up this year, but Defra slaughter figures are back, leading analysts to suspect more cull ewes are returning to farms. Data up to 25…

MARKETS AND TRENDS

Asda-Sainsbury’s merger could hurt shoppers, says NFU 

The NFU has written to the UK competition watchdog to express concerns about the planned £10bn merger between Sainsbury’s and supermarket rival Asda. The Competition and Markets Authority (CMA) invited…

MARKETS AND TRENDS

Small suppliers hit hardest by Asda-Sainsbury’s merger

Small suppliers will be hit hardest and thousands will lose jobs as a result of an industry-wide squeeze on margins as a result of the Asda-Sainsbury’s mega-merger. April’s deal to…

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Month Price Changeinprice
Jul '18 148.15 -0.85
Nov '18 154.75 -1.90
Jan '19 157.40 -1.95
Mar '19 159.90 -2.00
May '19 161.20 -1.85
Jul '19 159.30 -1.45
Nov '19 154.95 -1.10
Jan '20 156.95 -1.10