AHDB launches new tool to weigh up SFI options

Farmers are being encouraged to use a new tool developed by the AHDB to calculate how different actions in the Sustainable Farming Incentive (SFI) could impact on their businesses.

The first SFI26 application window is due to open on 30 June for smaller farms and those without existing agreements, with a second window expected in September.

See also: SFI26: Make the most of some ‘easy wins’, says Ceres Rural

The SFI cost-benefit tool is designed to weigh up the implementation costs, payment rates and benefits of different SFI actions to help inform decision making.

Farm businesses will be able to input their individual specifications to create a tailored response and provide a more valuable and unique insight.

It will also help businesses determine which actions and payment rates can be stacked together most effectively.

Dr Amandeep Kaur Purewal, senior economist at the AHDB, said: “The aim of our tool is to help provide our farmers with more clarity around SFI, and to ensure farmers are better prepared to assess their options and maximise the value of the scheme within their own businesses.”

She indicated that the tool had been tested with farmers to ensure it met “real-world needs” and supported “practical decision-making” on farm.

The AHDB hopes that by converting the SFI actions into real customised insights, it will help businesses identify which actions are most financially viable for them and fully assess the opportunity cost of taking land out of food production.

Dr Purewal added: “By focusing on both income and costs, it enables farmers to move beyond simply asking ‘What could I be paid?’ to understanding ‘What will this mean for my bottom line?’.

“It will be an invaluable resource for farmers as part of their preparations for the next phase of SFI, helping them to choose the right actions for their businesses, land and long-term goals.”