Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Over half of farmers aren’t confident about the future of British food production 

by May 17, 2023
May 17, 2023
Over half of farmers aren’t confident about the future of British food production 

Over two-thirds of British farmers are not confident about the future of British food production, a new survey of livestock and arable farmers in the UK.

With official ONS figures showing food and drink inflation reached 19.1% in March – the fastest annual increase in prices for 46 years – there’s a growing call for more to be done to support households and the wider food supply chain. The soaring cost of basic essentials is exacerbating existing pressure from sky-high energy bills, leading to difficulties for many involved in the UK’s food production. So much so, the National Farmers Union’s latest survey revealed the vast majority (88%) of farmers are being impacted by input costs such as energy, fuel and fertiliser.

The survey was carried out by Hectare, a leading agritech business and it also found that only one in 10 livestock farmers think produce production will increase as inflationary pressures ease. Further, 14% of farmers who raise beef, sheep and poultry are concerned inflation rates will rise even higher than their current peak.

When asked about their biggest concerns over the next 12 months, British farmers – 26% of livestock farmers and 33% of grain farmers – said the lack of clarity around new government support schemes to replace the ending of the European Union Basic Payment Scheme (BPS) topped the list. Additionally, 12% of all farmers surveyed are ‘worried’ about the ending of the EU BPS, with 15% of grain farmers in particular concerned about difficulties in forecasting their cashflow over the next year.

Andrew Huxham, arable farmer and co-founder of Hectare, comments on the findings, “It’s not surprising British farmers lack confidence in the future of food production – it’s been an uncertain few years for everyone involved. Undoubtedly, many are feeling vulnerable post Brexit now the EU Basic Payments Scheme – seen by many as a base income which helps them weather the peaks and troughs inherent in agriculture – is being phased out. Trade deals with countries like Australia and Canada have also raised questions around fairness for British farmers, and how to secure quality and provenance when sourcing large quantities of our produce from overseas.”

However, Huxham does see cause for greater confidence, as he continues, “UK farmers should be confident about the future – good food production requires a real desire to produce quality food in a sustainable way that enhances the environment, and farmers are doing a really good job of this already. British farmers are very aware of the fragile environment and decline of species and habitats which has occurred over the decades – they care deeply about the environment and know there are more ways to increase sustainability measures to secure the future of domestic food production, while protecting and enhancing the environment for future generations.”

This desire to increase sustainability measures to secure the future of food production is already being reflected in the ever-increasing consumer awareness of where our food comes from, and it’s environmental impact. A survey which revealed in 2019 only 40% consumers in the UK bought from local shops, found this rose to 60% in 2020, as food grown locally has to travel fewer miles to be processed, so carbon emissions are reduced.

Read more:
Over half of farmers aren’t confident about the future of British food production 

0
FacebookTwitterGoogle +Pinterest
previous post
Small firms could be entitled to thousands from insurers after Covid payment ruling
next post
Treat investing in Cryptocurrency as gambling, MPs say

You may also like

Hair transplant popularity

March 22, 2023

HMRC doubles payouts to tax whistleblowers amid calls...

November 20, 2024

Blow to UK salmon industry as post-Brexit export...

August 10, 2023

Concerns Arise Over Tax on State Pensions Despite...

June 21, 2024

LearningCog: Insight Discovery, Leadership & Management

March 10, 2023

What are the benefits of life cycle assessment...

January 8, 2024

Government invests £80 Million in UK Businesses in...

June 29, 2023

What Kind of Music Does Hip Hop Music...

June 14, 2023

International Financial Group Finds Gaps in Digital Euro...

October 8, 2023

Elon Musk scraps Twitter’s work from home policy...

November 10, 2022

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Israel launches sweeping strike on Iran while Trump administration seeks diplomatic solution

      June 13, 2025
    • ‘Killed off Elmo’: Jeffries brings along stuffed friend for stunt on House floor

      June 13, 2025
    • RRG Update: Is Tech Ready to Break Out?

      June 13, 2025
    • ‘Fully justified’: Graham plows ahead with Trump border funding despite Paul’s objections

      June 12, 2025
    • Mike Lawler tells NY Dem to ‘f— off’ after chaos ignites on House floor

      June 12, 2025
    • White House takes interest in proposed Russian sanctions as Ukraine War peace talks drag on

      June 12, 2025

    Categories

    • Business (8,200)
    • Investing (2,031)
    • Politics (15,625)
    • Stocks (3,144)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved