The NFU has warned that falling beef prices could undermine the sustainability of UK beef production. The warning comes after EBLEX figures revealed that the gap between farmgate and retail beef prices widened between April and May with producers receiving almost 47% of the final retail price last month.
Although the average retail price was similar to 2009 prices, the farm price had dropped around 20p / kilo.
Read...
Strutt & Parker have announced that English arable land has continued to post strong gains in recent weeks and is now worth £1000 /acre more on average than a year ago. It is suggested that the overall lack of supply has forced people to compete for blocks of land but farmers have been reluctant to reach for their chequebooks with investors driving the market. Read more..
First Milk has announced that it will increase the price it pays the dairy farmers in its milk pools by up to 0.5p/litre. The price increases will take effect from 1st June. Read more...
Wheat prices have fallen by more than £5/t over the last week as Sterling strengthened against the Euro and US Dollar. Read more....
The Government’s plans to raise capital gains tax (CGT) from 18 per cent to up to 40 per cent on second homes came just as confidence appeared to be returning to the buy-to-let market.
Last week, The Mortgage Works, part of Nationwide, launched its first buy-to-let deal requiring only a 20 per cent deposit — previously, 25 per cent was needed. Read more...
A STAFFORDSHIRE farmer has unveiled a new anaerobic digestion (AD) plant which will use both farm and domestic waste to generate enough energy to power 1,300 local homes.
Ian Critchley, who keeps 1,800 pigs and grows a variety of arable crops, including maize, wheat, barley and oats at Lower Reule Farm in Staffordshire, will take on waste collected from homes by the local council as well as waste...
|
Chancellor of the Exchequer, George Osbourne, and Chief Secretary to the Treasury, David Laws, have announced today that as part of a broader package of savings, DEFRA's 2010/11 bedget is to be cut by £162 million. The detail of these cuts is yet to be confirmed. Read more...
... |
Menu Clearer
