Covid-19 impacted the farmland market in both 2020 and 2021, affecting property marketing plans. In 2022, although supply increased, it remained constrained as landowners took stock of the new post-Covid landscape. 2023 initially shows signs of a return to historically average levels, with the benefit of more certainty in the future agricultural support plans across […]
Rampant inflation of up to 30% in agricultural input costs, reversing decades of falling prices, is driving the UK’s farming crisis, with Britain’s farming industry is likely to shrink to its lowest income level in modern times. The steep drop in income, from £6bn in 2021 to a forecasted £3.5bn in 2024, raises serious questions […]
Finding an alternative to diesel for energy hungry agricultural machinery is a key milestone for farming businesses and reaching net zero, but according to latest research from Savills the options have a way to go before wholesale viability is achieved. The research reviewed the future fuel options; hydrogen, biomethane and electric and rated them for a number […]
Oxbury Bank – the UK’s only dedicated agtech bank – has announced a major growth milestone by breaking even in December 2022 after rapid growth during the past year. Growth has come from long-term lending, delivered via its expert team of on-farm relationship managers as well as working capital delivered via principal distributors across the […]
UK farmers are set to benefit from a practical sustainability service and discounted lending as Lloyds Bank increases its support for the agriculture sector. The bank is working with the Soil Association to pilot a new service – called the Soil Association Exchange (‘the Exchange’). The scheme is designed to help British farmers accelerate their […]
Today, Barclays announces a three-year partnership with Oxford University’s Sustainable Finance Group (OxSFG) and the UK Centre for Greening Finance and Investment (CGFI). This first of its kind project will meet the urgent need to generate better emissions data and establish decarbonisation pathways which would enable Barclays and other financial institutions to support clients in […]
Future funding certainty is critical to British livestock farmers as they consider increased investment in technologies that have the potential to cut food costs, improve productivity and boost growth, a think tank warns today. As the government mulls changes to agricultural funding and regulation to increase economic growth, the Social Market Foundation says that ‘precision […]
Oxbury Bank – the UK’s first and only AgTech bank – has secured £25m in Tier 2 capital funding, with the investment made by British Business Investments, a wholly-owned commercial subsidiary of the British Business Bank. British Business Investments aims to increase the supply and diversity of finance for smaller businesses across the UK by […]
According to the review, during H1 the transactional market saw the largest uplift in activity in recent years (excluding Wyevale). The five key trends driving interest in the market include: The positive performance of garden centres during the pandemic Investors favouring businesses with an out-of-town shopping model Strong underlying land values Lifestyle buyers being attracted […]
Agricultural price index shows fertiliser costs were already the biggest contributor to rocketing farm input prices. Farm input costs rose a record 33.1% in the year to June 2022 as rising energy prices set costs soaring. The closure of ammonia production by CF Fertilisers raises fresh worries about rising costs and potential livestock culls. The […]
