Environmental Economics in Farming Agricultural expertise with economic and environmental insight At The Andersons Centre, we combine agricultural expertise with economic and environmental insight to help clients navigate the transition towards more sustainable farming systems. Our work focuses on assessing the financial impacts of environmental change, policy reforms, and market developments, while identifying practical options to improve profitability alongside environmental outcomes. We apply robust economic modelling, supported by farm-level data and sector insight, to provide impartial, evidence-based advice. This enables our clients to make informed decisions in a fast-changing policy and market environment. What We Offer Our services can be tailored to a range of needs and can include: Environmental Policy Analysis: evaluating the impact of environmental regulations, carbon markets, biodiversity schemes, and land-use change on farm economics. Natural Capital Valuation: quantifying the economic value of soil health, carbon stocks, water resources, and biodiversity. Cost–Benefit Assessments: assessing the viability and returns from adopting environmental practices, such as regenerative farming or agroforestry, considering the support payments and other incentives which are available. Farm Systems Modelling: integrating environmental and economic data to model future scenarios for land use, enterprise mix, and investment decisions. Sustainability Benchmarking: comparing environmental and financial performance across enterprises or regions to identify improvement opportunities. Why Clients Choose Us 1Sector Expertise: deep understanding of UK agricultural systems and markets, combined with specialist environmental economics knowledge. 2Evidence-Based Analysis: robust, data-driven modelling free from political or commercial influence. 3Bespoke Insights: tailored outputs that reflect the unique characteristics of each client’s business or project. 4Policy and Market Awareness: keeping clients ahead of emerging environmental regulations, funding opportunities, and market trends. Example Projects 1Sustainable Farming Incentive AnalysisAssessed the financial impact of SFI standards across multiple farm types and regions to support business planning and Government policy-making.2Environmental Standards for Livestock ProductionIncluding analysing the feasibility of developing a scheme to run in parallel with the Sustainable Farming Incentive (SFI) to encourage livestock farmers to undertake environmental practices.3Designing and Costing a Surplus Food SFI StandardSetting out how a Standard under the Sustainable Farming Scheme (SFI) may be viable in incentivising the use of surplus food in the fresh produce sector. Creating a costing for the proposal to ensure it is affordable for the Government.4Transaction Costs under SFIConducted a farm survey for DEFRA to understand the costs and barriers associated with entering the Sustainable Farming Incentive (SFI).5Global Farm Metric AssessmentsConducted environmental assessments as part of the ELMS Test & Trial, working with farms across England to evaluate the Global Farm Metric framework and provide practical recommendations for farm-level sustainability improvements.6PRISM 2030 ProgrammePartnered with ABP and Harper Adams University to conduct more than 300 carbon footprint assessments on grazing livestock farms across Great Britain. A second phase of assessments were conducted during 2024-25 to measure improvements and identify further emissions reduction opportunities towards 2030.7Carbon Footprinting ProjectsDelivered carbon audits for farm businesses and modelling the cost-effectiveness of emission reduction measures.8Biofuels Report CritiqueAssessing the standard operations of agriculture to calculate carbon emissions to produce cereals and oilseed rape for the biofuel industry. Get in touch If you require in-depth analysis of how environmental change affects farm economics, or if you are exploring new market or policy opportunities linked to sustainability, The Andersons Centre can provide the evidence, insight, and practical recommendations you need. Key Contacts Michael Haverty Partner & Senior Research Consultant Environmental Economics in Farming Partner & Senior Research Consultant Michael is a Partner and Senior Research Consultant at The Andersons Centre, specialising in market development, international trade, agri-food policy, and environmental issues. He has led numerous trade policy research projects across a wide range of UK farming sectors, including assessments of non-tariff measures and free trade agreements on UK agri-food. Michael has also managed several projects focused on greenhouse gas emissions and the environmental impact of farming. He previously worked with IHS (now S&P Global), JFC Agri and the European Commission. Michael comes from a livestock farming background in Ireland and holds a BSc (Hons) in Agricultural Economics and Management from Queen’s University Belfast, as well as an MSc in International Agricultural and Food Marketing from Newcastle University. Qualifications & Experience 2019 to date - Partner of The Andersons Centre Joined Andersons in 2015 15 years’ experience in leading analytical and consulting projects across numerous international markets within Europe, the Americas and Asia Previously worked in marketing and policy-related roles with Syngenta, JFC Agri, Newcastle University and the European Commission Delivered numerous reports and conference presentations concerning Brexit and the impact of tariff and non-tariff measures Advanced French speaker BSc (Hons) Agricultural Economics & Management, Queen’s University Belfast; MSc International Agricultural & Food Marketing, Newcastle University Areas of Expertise Agricultural Market Analysis and Industry Forecasting Agri-Food Trade Analysis Market Research and Competitor Analysis Environmental and Greenhouse Gas Assessments Situation and Outlook Analysis International Market Assessments Customised Research and Consulting Seminars, Briefings and Training Publications Haverty, M. and Grainger, A. (2025) Quantifying Non-Tariff Measures on GB to EU Agri-Food, Plant Products and Fisheries Trade Haverty, M. (2017) Impact of WTO Trading on the Northern Ireland Beef and Sheep Meat Industry, Report for the Livestock and Meat Commission (LMC), in collaboration with the Northern Ireland Meat Exporters Association (NIMEA). The Anderson’s Centre, Melton Mowbray. Haverty, M. (2016) What Brexit Means for the UK Agricultural Sector Redman, G. and Haverty, M. (2016) Crop Area Trends in Scandinavia and the UK Haverty, M. and Redman, G. (2015) Biostimulants in the UK Haverty, M. and Gorton, M. (2006) Integrating Marketing Orientation and Competitive Benchmarking: A Methodological Framework and Application. Total Quality Management and Business Excellence Franks, J.R. and Haverty, M.J.P. (2005) Benchmarking Farm Enterprises. Journal of Farm Management Graham Redman Partner Environmental Economics in Farming Partner Graham Redman is a Partner of The Andersons Centre, Director of Agro Business Consultants and author of the Nix Farm Management Pocketbook. He has worked as an agricultural economist at The Andersons Centre since 2004, providing specialist agri-business research services to both public and private sector clients. Before joining Andersons, Graham served as an economist for a major agricultural merchant, where he offered guidance primarily on grain and animal feed markets. Prior to that, he worked as a farm management consultant for a national firm operating in Central and Southern England. His experience spans several types of farming enterprises. Graham holds agricultural degrees from the Universities of Leeds and Reading. He is also: An Associate of the Royal Agricultural Society A Board Member of the Processors and Growers Research Organisation (PGRO) A Council Member and Professional Fellow of the Institute of Agricultural Management A Chartered Environmentalist A Member of the Agricultural Economics Society A active member of the Farmers’ Club Qualifications & Experience Partner of The Andersons Centre – 2010 to date Research Economist in The Andersons Centre Research Team – 2004 to date Editor of the John Nix Pocketbook – 2008 to date MSc in Agricultural Management and Economics – Reading University (1992-1993) BSc in Animal Science - Leeds University (1988-1991) Economist for major agricultural merchant (Banks Cargill Agriculture) – 1998 to 2004 Farm business consultant for farm management advisors (Laurence Gould Partnership) Southern and Central England – 1993 to 1998 Areas of Expertise Farmer Supply Chain Relationships Budgeting and Costing Information Agricultural Market Analysis and Industry Forecasting CAP Reform and Policy Analysis Research Projects and Commissioned Studies Seminars, Briefing and Training Publications Editor of the John Nix Farm Management Pocketbook Contributor to the Professional Update agricultural briefing Entrepreneurialism, the kiss of life for British Farmers? Oxford Farming Conference Report Jan 2016 The Best of British Farmers, what gives them the edge? Oxford Farming Conference Report Jan 2015 A Detailed Economic Assessment of Anaerobic Digestion and its Suitability to UK Farming and Waste Systems. Chartered Environmentalist and Council member of the Institute of the Agricultural management (IAgrM) Active member of the Farmers' Club Redman. G., & Benton. T. (2025). Published: AHDB UK Food Security and What it means for the Farming Community Richard King MRICS FAAV Partner & Head of Business Research Environmental Economics in Farming Partner & Head of Business Research Richard was bought up on a mixed family farm on the Oxfordshire/ Buckinghamshire borders. He attended Harper Adams College, Shropshire and gained a BSc (Hons) in Rural Enterprise and Land Management and qualified as a Chartered Surveyor in 1997. Richard joined Andersons Research team in Melton Mowbray in 1998. The team analyses and interprets agricultural policy and market developments, and provides specialist business research, training, briefings, and publishes information. He became editor of the Agricultural Budgeting and Costing Book in 2000 and joined the Andersons Centre Partnership in 2003. He is a member of the CAAV’s Farming and Environment Committee. On a personal level he is married with three daughters. His interests include watching low-quality football (supporting Oxford United), and playing golf and squash badly. Qualifications & Experience 2009 – Present Day - Chairman of the CAAV Grants and Regulation Committee 2000 – Present Day - Editor of the Agricultural Budgeting and Costings Book. 1999 – Present Day - Elected Fellow of the Association of Agricultural Valuers 1998 – Present Day - Farm Business Research Consultant at Andersons’ Head Office 1997 – Present Day - Elected Associate of the Royal Institution of Chartered Surveyors 1995-1997 – Adkin Chartered Surveyors and Land Agents, Abingdon 1991-1995 – BSc (Hons) in Rural Enterprise and Land Management, Harper Adams College, Shropshire Areas of Expertise Basic Payment Scheme (BPS) and Agri-environment Schemes Agricultural Literature and Farmer Meetings Farmer Supply Chain Relationships Budgeting and Costing Information Agricultural Market Analysis and Industry Forecasting CAP Reform and Policy Analysis Research Projects and Commissioned Studies Seminars, Briefing and Training Corporate Strategy Advice Publications Editor of the Agricultural Budgeting and Costing Book Editor of ABC Professional Update, Andersons Agribrief Service, and Andersons Outlook James Webster-Rusk Senior Agribusiness Analyst Environmental Economics in Farming Senior Agribusiness Analyst James Webster-Rusk is a Senior Agribusiness Analyst at The Andersons Centre, specialising in combinable crop and root markets. He supports clients across the pre- and post-farmgate arable sector by providing clarity on how market movements, policy decisions and environmental pressures influence their supply chains. His work includes developing cost-of-production models to aid price discovery in opaque markets across the UK and Northern Europe. James has also contributed extensively to the analysis and costing of UK farm support policy. Before joining The Andersons Centre, he worked for the Agriculture and Horticulture Development Board (AHDB), focusing on cereal and oilseed market analysis. James grew up on a small arable farm in Suffolk, he holds a degree in Economics from the University of Hertfordshire. In 2026, he will take part in the GB Potatoes Industry Development Programme. Qualifications & Experience Joined Andersons in October 2021 Five years working in cereal and oilseed market intelligence for the Agriculture and Horticulture Development Board (AHDB). Including three years as a Senior Cereals and Oilseeds Market Analyst. Speaker at a number of high profile AHDB conferences and events. BA (Hons) Economics Previous farm work for arable and livestock business. Areas of Expertise Specialist in Grain and Arable farming Data analysis, information identification Network creation and development Process orientated, experienced at organising dat Amy Barnacle Environmental Business Consultant Environmental Economics in Farming Environmental Business Consultant Amy is an Environmental Business Consultant at The Andersons Centre, specialising in environmental and biodiversity enhancement, carbon auditing and natural capital assessments. Having been involved in numerous carbon audits, assessing individual farms’ greenhouse gas emissions and conducting soil sampling representative of the farm. She has extensive experience in ecological identification, vegetation classification, habitat creation and management plans. Involving natural capital markets such as Biodiversity Net Gain and Woodland Creation. Amy comes from a farming background within the Leicestershire area and holds a BSc (Hons) in Environmental Land Management, as well as an MSc in Agroecology, both obtained at Harper Adams University. Having conducted her Master’s Research Project on the viability of solar farming with dual-use livestock grazing within Shropshire County. The results have been utilised within numerous agricultural academic conferences, including conferences held in Sweden. Qualifications & Experience Joined Andersons in August 2025 MSc Agroecology (Harper Adams University Graduate 2025) BSc (Hons) Environmental Land Management (2:1) (Harper Adams University Graduate 2024) Placement year within ecological consultancy, focusing on Preliminary Ecological Appraisals (PEAs), Landscape and Environmental Management Plans (LEMPs) and ecological surveys (bats, newts, eco walkovers) Areas of Expertise Experience in ecological identification, vegetation classification, habitat creation and management plans, and Biodiversity Net Gain (BNG) Knowledge in sustainability reporting, involving environmental, social and governance University Masters Research Project (MRP) researched the viability of solar farms with dual-use livestock grazing University Honours Research Project (HRP) conducted on the efficiency of Environmental Land Management Schemes, Biodiversity Net Gain and other Agri-Environment Schemes