08 July 2015 | Online since 2003

UK agriculture set for new era of profitability



30 May 2014 06:27:37|Arable,Cereal,Crops,News

UK agriculture 'set for new era of profitability'


UK agriculture is set for a new era of profitability and rewarding career opportunities, according to chartered accountants and lawyers.

Andrew Heskin, a partner at East of England accountancy firm Moore Thompson and a member of the UK200Group’s agriculture special interest group, has been advising agricultural businesses for more than 20 years.

And he says that a positive outlook for the sector is making it increasingly attractive to new entrants.


"UK agriculture went through a long period of stagnation in the 1980s, 1990s and early 2000s, during which government policy was unhelpful and it was very hard to make money out of farming," he said.

“Now, after a few good years, we seem to have turned a corner. Profitability has improved and a new generation of talented, entrepreneurial people can see the opportunities farming offers as a long-term career.


The signs of the revival are not just in farming itself. For example, Brooksby Melton College in Leicestershire, which specialises in land-based courses such as agriculture and animal care, is undergoing a major redevelopment, including a £1 million Animal & Equine Centre.

“Through my work with an agricultural engineering trade body, I have also seen the development of sophisticated, cutting edge technology, such as low emission farm machinery, to support the sector and improve operational and financial efficiency. Even fairly modest farming operations are now benefiting from other developments, such as genetic testing – including in the womb – to maximise the quality of livestock.

“The farming generation that went through the long period of stagnation are now coming up to retirement and often their farm managers and other members of their teams are in a similar position.

“So farmers need to be giving serious thought to their succession planning, both on their own behalf and for their staff, by thinking about how to bring on board high calibre people to take farming enterprises into the future.

“Farm managers, for example, need a wide range of skills, from knowing how to grow crops to liaising directly with supermarkets, buyers and other customers and managing teams that for some of the big flower and vegetable growers in our area can reach 200 or 300-strong at peak times.

“Farmers and farm managers can’t be experts in all the skills they will require in this new era. What they will need, more than ever, is access to a team of advisers – people like agronomists, accountants and lawyers – to help them put all the pieces together for business success.”

Download





0 Comment


Name

Please enter your name


Email

Comment

Please enter your comment


Post Comment

Your comment submitted successfully.Please wait for admin approval.


Comments

No comments posted yet. Be the first to post a comment

Jobs

Start Date: 24 June 2015
Job for AD Plant Operator/Tractor Driver>>> Norwich

A permanent position is available on our, well equipped dairy and arable unit which is part of our mixed farming business in ...


Start Date: 8 July 2015
First class stockman / tractor driver required for a job near Tenby, Wales

Permanent position for a first class stockman to take responsibility for all dairy young stock rearing, feeding dairy he...


Start Date: 8 July 2015
  General Farm Worker Job/Tractor Driver - Essex

 

Tractor Driver needed for a cereal/Potato farm in Essex.   Likely tasks include general cultiv...


Start Date: 23 June 2015
Job for Tractor driver, General farm worker  required>> Towcester

Enthusiastic person required to assist in running a 230 sow breeding- fattening unit. Daily duties include cleaning out,...


Start Date: 23 June 2015
Harvest tractor driving job in East Yorkshire (2 positions available)

LKL Farming is a family farming business growing 1600 acres of arable crops including vining peas, oilseed rape, spring beans...





Top stories you may have missed
5 June 2015 | Cattle

A strong pound and increased red meat imports coupled with a plentiful dome...


5 June 2015 | Arable

Depression is affecting Wales' farming industry and there is a need to use ...


5 June 2015 | Arable

With just one week to go before the final judging and announcement of the w...


5 June 2015 | Finance

A rural law expert has highlighted the importance of good succession planni...


5 June 2015 | Farmshops

A south Yorkshire dairy farming family is pulling out all the stops to prom...


4 June 2015 | Finance

Predicting what is going to happen to wheat prices is a challenge, but in s...


4 June 2015 | Agri Safety

A Lancashire based livestock theft prevention scheme is aiming to go nation...


4 June 2015 | News

A female farmer has been recognised by the farming and conservation industr...


4 June 2015 | Finance

The new Conservative government appears to be preparing to implement cuts f...


4 June 2015 | Arable

The Rural Payments Agency (RPA) will have mobile support units at the follo...


Username
Password