Latest news with #AgricultureandHorticultureDevelopmentBoard
Yahoo
23-03-2025
- Business
- Yahoo
Evolving Norfolk farm weighs up its options to get cattle decisions right
A west Norfolk farmer has shared his data-driven decision-making process to weigh up all the options before starting a new beef cattle enterprise. David Cross runs Glovers Farm in Sedgeford, which is moving from mixed arable to an all-livestock operation, focusing on improving soil health and business resilience within a changing climate. As part of this evolution he has modelled three cattle enterprise scenarios to determine which approach was best suited to the farm's objectives - contract cattle, a conventional suckler herd, or organic store cattle. And he has explained the process to other farmers as part of the knowledge-sharing Monitor Farm programme run by the AHDB (Agriculture and Horticulture Development Board). David Cross at Glovers Farm in Sedgeford, which is part of the AHDB Monitor Farm network (Image: AHDB) Mr Cross said: 'Six years ago we realised that we needed to change what we were doing to ensure the long-term sustainability of the farm. "The decision was made to move from a mixed arable system to all livestock, primarily to improve soil health but it has multiple benefits in terms of removing input costs, balancing cashflow, risk reduction and making more use of environmental scheme options. "This shift in focus meant we needed to investigate the options available to us when considering a beef enterprise. "We originally had cattle on a liveweight gain (LWG) contract but the reliance on high-quality forage to meet the targets, with the challenge of changing weather patterns and soil quality issues, meant I wanted to review our options." The three systems were assessed for their impact on land use, feed resources, livestock productivity and financial outcomes, accounting for key factors such as seasonal pasture growth, forage availability and financial sustainability. The study showed organic store cattle offer the highest gross margin but with increased risk and reliance on stewardship income and organic market premium. Meanwhile, contract cattle provide a lower-risk, low-labour option with a balanced cost structure but requires high-quality pasture, and a conventional suckler herd offers long-term security but has higher labour and variable costs, resulting in lower financial returns. Specialist farm modelling software was used to evaluate trade-offs between financial returns, capital investments, labour and operational requirements, environmental impacts and risks from weather, animal disease and subsidy dependence. Mr Cross said his chosen option of contract-reared cattle was an expansion and restructuring of a current operation on the farm. Contract-reared cattle at Glovers Farm in Sedgeford (Image: David Cross) It means 720 calves will arrive this spring to graze on herbal leys, with some leaving in autumn, and some staying through the winter on fodder beet, giving the farm the flexibility to balance demand with optimum grass growth. Mr Cross said: "This is option is the lowest dependency on government subsidies, the least amount of equity to run, and we already have a good relationship with the guys we get the cattle from." He added: 'Modelling the three scenarios and how they would work for our situation was really useful to understand the pros and cons of different systems and how they could fit into the overall aims for the business and its future." Katie Evans, a senior AHDB knowledge exchange manager, said: 'When making decisions its important farmers choose an enterprise model that supports their overall business strategy, taking into account risk tolerance and long-term goals."
Gulf Today
05-03-2025
- Business
- Gulf Today
UK-GCC free trade deal will provide big boost to UK exporters: Mooney
A UK-GCC Free Trade Agreement could be transformational for UK food and drink exports. If secured, it could lead to reduced or eliminated tariffs on key UK exports, making British products more competitive in the GCC market, said Sarah Mooney, HM Trade Commissioner for the Middle East and Pakistan. Addressing a breakfast event in Dubai, she explained, 'Currently, UK exporters face tariffs of up to 25% on cereals, 15% on chocolate, 12% on baking products, 10% on sweet biscuits, and 5% on soft drinks. Removing these barriers would not only make British products more affordable but also enhance trade relationships and increase accessibility to high-quality UK food and drink across the region.' 'Given the GCC's appetite for premium and high-quality products, an FTA would provide a significant boost to UK exporters looking to expand their footprint in the Middle East.' About the UK's participation in the recently concluded Gulfood, Sarah Mooney revealed, 'The UK has a significant presence at Gulfood this year, demonstrating our commitment to fostering trade relationships and showcasing the best of British food and drink. We have a robust cross-section of companies exhibiting at the UK Government stand, featuring products ranging from drinks to savoury snacks and much more besides. As well as dedicated country pavilions for Wales, Scotland, and Northern Ireland, the UK's Agriculture and Horticulture Development Board (AHDB) is also exhibiting dairy and meat from Britain to highlight the UK's particular strength in these sectors. This broad presence reflects the high level of demand for British food and drink in the GCC, driven by our strong reputation for quality, provenance, and innovation.' She added, 'We see Gulfood as an important platform to strengthen trade relationships, engage with key buyers, and highlight the UK's leadership in food sustainability and production standards.' Highlighting the popularity of British food and drink in the region, Mooney said, 'British food and drink products are well respected in the GCC for several reasons. First and foremost, the UK has a globally recognised reputation for producing high-quality food and drink, underpinned by stringent food safety and traceability standards. Consumers in the region appreciate the rich heritage of British cuisine, from iconic cheeses and meats to innovative snack and beverage brands that align with modern tastes.' She added, 'The GCC market is discerning, with a growing appetite for premium, sustainably-produced goods. UK food and drink exports to the GCC reached £817 million in 2023, with the UAE alone accounting for £420 million of that figure, demonstrating the strong and growing demand.' Explaining the demand for UK products in the GCC, she said, 'The GCC market is characterized by a strong demand for premium food and beverages, and the UK is well-positioned to meet this demand. The UAE ranks among the top global markets for consumer spending on food and non-alcoholic beverages, with consumer spending per capita projected to reach £4,830 in 2025. Saudi Arabia is also seeing significant growth in its premium food segment, with 65% of Saudi shoppers indicating a willingness to pay more for quality products. British dairy, premium grocery items, and high-end snacks are particularly well-suited for this market. Additionally, high-end restaurants and hotels in the UAE and Saudi Arabia frequently reference the origin of their meat and fish, showcasing Scottish seafood and Welsh lamb as premium offerings.' Sarah Mooney concluded, 'The UK's food and drink industry has a long-standing and growing presence in the GCC, driven by strong demand for premium, sustainable, and high-quality products. The region presents exciting opportunities for UK businesses, particularly in sectors such as premium grocery, dairy, seafood, and non-alcoholic beverages. With the potential of a Free Trade Agreement on the horizon and continued investment in sustainable and innovative food production, we are confident that UK food and drink will remain a key player in the GCC market for years to come.'
The Independent
28-01-2025
- Business
- The Independent
More than three quarters of farms to be affected by Tractor Tax, new research shows
More than three-quarters of all farms in England and Scotland will be impacted by new inheritance tax rules which have sparked mass protests, according to new research. It comes after lines of tractors took to streets across Northern Ireland as part of a UK-wide protest by farmers against the announced cap on Agricultural Property Relief (APR). But for assets over £1 million, inheritance tax will apply with 50 per cent relief, at an effective rate of 20 per cent. The Agriculture and Horticulture Development Board (AHDB) have calculated that 42,204 out of 54,938 farms (76.8 per cent) across England and Scotland will be impacted by the new tax rules. More than half affected are involved in cereals or general crop production as their main enterprise, with the rest predominantly livestock producers or mixed farming operations. AHDB analyst Tom Spencer said: 'Our calculations show that cereals and general cropping farms are the most likely to be affected due to their scale and asset size. For livestock farms, it is those businesses with single-person ownership that are most at risk.' The levy board's economics and analysis director, David Eudall, added: 'Our priority is to help explain how this will impact many levy payers and support them on navigating a path through these challenges. 'The first stage has been to identify the farms at risk, so they can review their own circumstances and implement appropriate actions. 'It is critical for any affected farming enterprise to seek out expert tax and business planning advice. Succession planning was already important in agricultural farming businesses, now it is essential.' It came as the shadow environment secretary Victoria Atkins urged the government to record the number of farmers dying by suicide to 'understand the human cost' of their changes. She said that pensioners, family businesses and farmers are paying the price for Labour's 'economic illiteracy' as she urged the government to commit to 'a full and proper review of this dreadful policy'. A government spokesperson said: 'Our commitment to farmers remains steadfast. 'This Government will invest £5 billion into farming over the next two years, the largest budget for sustainable food production in our country's history. 'We are going further with reforms to boost profits for farmers by backing British produce and reforming planning rules on farms to support food production.'
