Farm Finance

Beef markets remain strong.

15th SeptemberPosted by Louise Taylor

Beef markets look set to remain strong for the foreseeable future as tight supplies continue to under prices thereby bucking the usual seasonal dip.

Auctioneers across the UK have reported very strong trade over recent weeks, with plenty of cattle breaking the 200p/kg liveweight mark.

Bernie Hutchinson, Managing Partner of Barbers Auctions in Market Drayton, said decent cattle achieved 200p/kg liveweight at Wednesday's sale, although lighter heifers were slightly cheaper at...

Wheat harvest better than expected.

15th SeptemberPosted by Louise Taylor

THIS year’s wheat crop recovered from the spring drought conditions to produce yields largely in line with the five-year average, NFU harvest survey results show.

Preliminary results from the 2011 survey indicated English wheat production would be around 13.6 million tonnes, 189,000 tonnes down on the five-year average. This equates to a drop of 1.5 per cent despite a 3 per cent increase in cropping area to 1.8m ha.

This year’s preliminary...

RICS Rural Land Market Survey

18th AugustPosted by Louise Taylor

Have a look at the comprehensive rural land market survey from RICS.

Our very own Mike Taylor is quoted!

Click here.

RICS says farmland prices at all time high.

18th AugustPosted by Louise Taylor

According to the latest report from the Royal Institution of Chartered Surveyors (RICS) farmland prices reached an all time high during the first half of 2011, as demand outstripped availability.

Chartered surveyors estimate that the average price per acre increased to £6,115 during the first half of the year, reaching all time record levels for the second consecutive period.

Interest from potential buyers of commercial farmland continued to surge ahead, with 50 per cent...

Organic production falls and recession bites.

17th AugustPosted by Louise Taylor

According to a report in the Farmers' Guardian, the number of UK farmers producing organic produce has fallen for the second consecutive year, as falling demand for organic produce takes its toll.

By the end of 2010, there were 7,300 organic producers and processors in the UK, 4 per cent down on the 2009 figure, Defra figures show. The 2009 figure was down by a similar level on the 2008 high of nearly 7,900...

Single Farm Payment - what is the future?

11th AugustPosted by Louise Taylor

The Central Association of Agricultural Valuers (CAAV) have released some information on the possible future of Single Farm Payment or its replacement.  Nothing is yet confirmed but it give some insight into what might happen next.

For more information follow this link.

Beef enterprises need a marked improvement in margins.

1st AugustPosted by Louise Taylor

A report in the Farmers Weekly suggests that a marked improvement in margins is needed across all beef enterprises to allow them to reinvest and pay a decent wage to the farmer.

While better retail prices remain fundamental if sums are to stack up, producers can also do much to improve the figures through better cost management, says Mark Topliff, economist at the Agriculture and Horticulture Development Board.

Figures gleaned from EBLEX Business Pointers, covering the...

E Coli compensation increase to 227 bn Euro.

1st AugustPosted by Louise Taylor

THE emergency aid package agreed by the European Commission for those vegetable growers affected by the recent E.coli crisis in Germany is to be increased to €227 million.

The initial aid package of €210m was announced in June, allowing the EU to pay producers for cucumbers, tomatoes, lettuce, courgettes, and sweet peppers which were withdrawn from the market between May 26 and the end of June as a result of the outbreak.

In a statement,...

Marks & Spencer adds 2.3ppl to milk price.

1st AugustPosted by Louise Taylor

An article in the Farmers Guardian reports that dedicated milk producers for Marks & Spencers will be on a standard litre price of 31.737ppl from August 1st.

The retailer has announced an increase of 2.307ppl which has been calculated based on the Milk Pledge Plus pricing formula, which takes account of the farmers' costs of production as well as reflecting movement in the retail price of milk in M & S stores.

M&S agricultural manager Steve McLean said: “Our Milk...

Dairy industry looks like expaning.

27th JulyPosted by Louise Taylor

According to the Farmers Weekly UK milk production could reach 15 bn litres by 2020, an exansion of 13% on 2010.  Kite Consulting, in its discussion document World Class Dairying - A vision for 2020, says that current supply chain iniquities should not mask the opportunities that this offers.

Produced in response to the Dairy 2020...

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