Farming Focus – April 2023

The April 2023 edition of Farming Focus reports on Defra’s first estimates of Farm Business Income for 2022/23 and the latest economic forecasts from the OBR.  Do you need help with your BPS application? 2023 is an important year; with the claim period now open contact one of our consultants for advice.  Defra has removed the limit on capital grants; contact one of our consultants if you need advice on making an application.  The Animal Health and Welfare Grants are also now open for applications.  Have a look and see how you can give feedback on Defra’s new Rules for Farmers and Land Managers information page.  The BoE has increased Base Rates again.  We report on the the Windsor Framework and what it means for goods moving from GB to NI.  Finally we take a look at British Sugar’s Early Beet Contract.

The Spotlight article this month looks at an update to The Andersons Centre’s model arable business – Loam Farm.  The budget highlights the volatility within the sector.  After two very good years, including a record high for 2022, the prospects for the current year look concerning.

Click Here to access our April 2023 edition of Farming Focus.

Also, a reminder that if you are an ABP supplier you could potentially avail of a free carbon footprinting assessment for your farm. ABP recently launched its PRISM 2030 Programme which Andersons is involved with. Places are limited, only 350 available. Its’ aim is to help participants to improve their carbon footprint and sustainability across the farm. A grant scheme will be available in the spring for signed up participates. If you supply ABP and would like to find out more information about joining PRISM 2030, please contact Katie Thorley via [email protected] or call 07977 061664.

If you require advice from one of our consultants, do not hesitate to contact them by email or phone.  Their contact details can be obtained by clicking here. Alternatively, your can also contact our office on 01664 503200 or email [email protected]

If you would like more detail on the topics covered above as well as additional articles on UK farm business matters, why not subscribe to our Professional Update bulletin (incorporating Andersons AgriBrief)? Over the course of each month, we give a concise and unbiased commentary on the key issues affecting business performance in the UK agri-food industry, and its implications for farming and food businesses. Please click on the link below for a 90-day free trial: