CropTec Show
Farminguk
26 August 2016 | Online since 2003
OvoConcept


30 May 2014 06:27:37 |

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

loginuserlogo
Name

Please enter your name


Email

Please enter your email

Please enter valid email


Comment

Please enter your comment


Post Comment

Your comment has been submitted successfully. Please wait for admin approval.


Comments

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


Ireland | 25 August 2016
EU worry at lack of GM food testing in Ireland

Inspectors from the European Commission’s Directorate General for Health and Food Safety said the lack of laboratory capacity at the Public Analyst’s Laboratory (PAL), which is located in St Finbarr’s...


France | 25 August 2016
French farmers may face more pain as dry weather hits crops

French farmers can’t seem to catch a break from the weather. After deluges earlier this year decimated wheat crops, now not enough rain is threatening their corn. Many fields in the European Union’...


France | 25 August 2016
French farmers protest over low milk prices outside major milk processor

Some 400 French dairy farmers have blockaded the roads around Lactalis, the milk processor based in Laval, France, this week in protest against low milk prices. The farmers have taken over the roun...


USA | 25 August 2016
The next agriculture revolution is under our feet

At the core of agriculture is innovation. Advancements in agricultural technology throughout the past century have allowed farmers to feed a population that has grown from less than 2 billion people t...


Australia | 25 August 2016
Dairy industry goes under spotlight as Barnaby Joyce signals end to $1 milk

Scott Morrison has asked the Australian Competition and Consumer Commission to investigate the national dairy industry as the agriculture minister, Barnaby Joyce, emerged from a dairy crisis meeting d...



Trending Now

Viewed
Discussed


Top stories you may have missed
FarmingUK
FarmingUK Logo

FarmingUK

The British public are overwhelmingly in favour of keeping or strengthening...


FarmingUK
FarmingUK Logo

FarmingUK

The sustained recovery of pig prices since the spring has come at a time wh...


FarmingUK
FarmingUK Logo

FarmingUK

A World Trade Organisation (WTO) panel has declared the Russian import ban ...


FarmingUK
FarmingUK Logo

FarmingUK

A new study has linked oilseed rape crops grown from neonicotinoid-treated ...


FarmingUK
FarmingUK Logo

FarmingUK

Philip Hammond is to guarantee billions of pounds of UK government investme...


FarmingUK
FarmingUK Logo

FarmingUK

Access to the foreign labour market is 'critical', according the chief exec...


FarmingUK
FarmingUK Logo

FarmingUK

The Tenant Farmers Association has said the National Trust's vision for a p...


FarmingUK
FarmingUK Logo

FarmingUK

Ulster farmers will 'not lie down and wave the white flag' when Brexit nego...


FarmingUK
FarmingUK Logo

FarmingUK

The cost of rural crime to the UK economy costs £42.5 million a year, accor...


FarmingUK
FarmingUK Logo

FarmingUK

A young farmers club member from Oxfordshire has created a petition on the ...


closeicon
Username
Password