VIDEO: We must make farming more resilient – Paterson

DEFRA secretary Owen Paterson says the government is considering a contingency fund to help make farming more resilient in the event of extreme weather and animal disease outbreaks.

Mr Paterson made the comments in an exclusive interview with Farmers Weekly at the North Devon Show on Wednesday (8 July).

The government had held positive meetings about improving the resilience of agriculture with industry leaders, farming charities and banks, he said.

“What we’re looking at first is to see if there is some sort of possibility of a contingency fund,” Mr Paterson told Farmers Weekly.

Farming was never going to be free from extreme weather or animal disease and contingency funds used in other parts of the world were well worth looking at, he said.

The resilience of farming could also be improved using the government’s agri-tech strategy – and by encouraging more young people into the industry, Mr Paterson added.





More on this topic

Building farm business resilience after a bad year

Futures contracts: farmer views wanted

Do you use futures and options markets to help you manage risk? Or are you interested to learn more? Farmers Weekly is keen to find out the extent to which UK farmers use these markets. Complete our survey here.

Take the survey

Futures markets and commodity risk management online course:

  • Risk management strategies for a more predictable financial performance
  • Educated conversations when collaborating with your advisors
  • Negotiate better prices with your grain merchants

View course
See more