Finance

A 150-cow dairy farm in Staffordshire has seen milk yield increase by 225 litres a day following the implementation of key recommendations from an Alltech Navigate feed efficiency assessment.

The financial impact of the coronavirus pandemic has changed attitudes towards saving and investing in more than half of us, according to a survey of its customers by rural insurer NFU Mutual.

With a different Welsh farming policy on its way as the Basic Payments Scheme and Glastir are phased out, it’s a good time to start assessing your farm to see what potential it can offer to attract future environmental payments once they have been decided, says GWCT Wales.

When you think of a traditional accounting practice your first thought probably isn’t ‘cutting edge technology’ and for most firms you’re right. Many accounting firms have not embraced technology and the benefits that come with using cloud-based accounting applications. We use applications for all aspects of our business because it allows us to take our business anywhere.

Farmers are being urged to submit claims for the Basic Payment Scheme (BPS) 2020 as the deadline is looming.

Those looking to pass on farming or business assets need to act now to preserve full tax reliefs, which might be cut to help pay for the furloughing scheme, expert lawyers have said.

Are you looking to raise finance to fund a diversification plan? Business Finance Brokers Ltd can help you secure asset finance from 12 up to 84 months on projects.

NFU Scotland is urging farmers and crofters to apply to Police Scotland now for an agricultural dispensation for wide vehicle movements ahead of the busy harvest period later this year.

Cover crop strategies – designed to protect margins, capitalise on farm payments and maximise environmental benefits – are essential, according to AHDB-funded research.

Dairy farmers in England will be able to access up to £10,000 each, as the Covid-19 pandemic continues to cause serious market volatility and financial strain in the sector. But some farming organisations are warning that further help may be needed.

Those looking to apply to the Mid-Tier Countryside Stewardship Scheme have until just May 31st to request an application pack.

The window for farmers to apply for BPS payments or to claim funding for environmental and woodland work has been extended by one month, due to the disruption caused by the coronavirus pandemic.