HROC (agency) - Kubota
22 October 2016 | Online since 2003

FarmingUK Logo
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.”


0 Comment


Please enter your name


Please enter your email

Please enter valid email


Please enter your comment

Post Comment

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


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

Australia | 21 October 2016
Local bloc seeks to counter bid for Australian cattle empire

Nationalist lawmakers have teamed up with local ranchers to try to counter a bid involving Chinese buyers for the S. Kidman & Co. cattle empire, in what would be one of Australia’s biggest agribusines...

USA | 21 October 2016
Arizona farmers give back by donating milk to food banks

43 million gallons of milk have been dumped in fields across the country since the start of the year. That's why many American farmers have been forced to do with lower milk prices not bringing in...

USA | 21 October 2016
Your groceries may be cheaper, but farmers and supermarkets feel the pain

If you’re just a little irked that gasoline prices have edged up recently, maybe this will cheer you up: Groceries are a bargain. Average supermarket prices fell 2.2% in September from a year ago, ...

Canada | 21 October 2016
Farmers fail to rally to tax revolt talk

If farmland property taxes are too high, don’t pay them. That’s what Dugald farmer Edgar Scheurer suggested while commenting on Facebook about Manitoba Co-operator stories on skyrocketing farmland ...

United Kingdom | 21 October 2016
Woman killed in cattle attack on family farm

A woman has been killed after she was attacked by cattle on a family farm in Co Derry. The pensioner, who has been named locally as Brigid McKeefry and is aged in her 70s, was rushed to the Causewa...

Trending Now


Top stories you may have missed