Rural

How to create alternative streams of income from biodiversity net gain

Alongside carbon capture and regenerative farming, Biodiversity Net Gain is becoming a buzz word for how farmers can use their natural capital to create alternate income streams in the absence of BPS payments. Sam Paske, Managing Director of Integrated Land Management, explains what Biodiversity Net...

Young and seasonal drivers

Many farm businesses recruit seasonal harvest workers who are under the age of 25. When recruiting young workers who will be responsible for driving tractors and other farm vehicles, it is important to be aware of age restrictions and any limitations on your insurance. The first...

Minimising claims and down time during silage season

The silage season is often high-pressure, fast-moving and with long hours. With working conditions like these, accidents may seem inevitable. Whilst your insurer will usually pay out for these accidents, the cost of having the entire team standing by whilst the mower is out of...

Do your sums insured reflect the recent increase in lamb values?

Producers selling lambs and ewes in the run up to Brexit amid fears of decreasing values, wet weather making finishing lambs a challenge and limited imports have all contributed to the value of lamb being some of the highest they have ever been.   Therefore, we recommend...

Budget 2021 and its implications for farming businesses

It’s been a week since the Budget 2021 announcement and, now the dust has settled, Acre’s Sarah Attwood summarises what the implications are for farming businesses.   130% first-year capital allowance on qualifying new plant and machinery assets from 1st April 2021 until 31st March 2023, which...

Can I survive without BPS?

Berrys’ Partner and Business Consultant, William Tongue, gives his view on how to prepare for the end of the Basic Payment Scheme A client emailed recently, explained he was worrying about the future and asked, ‘Can I survive without BPS?’ Formulating an answer covers a lot of...

Converting buildings for commercial use

Having a diversified income stream is a vital way for many farming businesses to ensure a positive cashflow and to weather any storms such as reduced yields or changes in markets. One way that some farming businesses are diversifying is by converting old farm buildings,...