AHDB levy rate increase approved by ministers

Levy rate increases proposed by the AHDB for the Beef and Lamb, Cereals and Oilseeds, Dairy and Pork sectors have received approval from ministers at Defra and the Devolved Administrations.

The new rates will be implemented from April 2024 and AHDB said this will allow it to maintain its focus on delivering the objectives set out in the sector plans, published in November 2022.

With no increase to the levy in the Beef & Lamb and Cereals & Oilseeds sectors for more than 10 years and no change in over 20 years for Dairy and Pork, the spending power of levy funds over the past decade has been reduced by up to 40%, AHDB noted.

AHDB chair Nicholas Saphir said: “We are pleased ministers have approved the proposals, which will ensure the levy continues to support the work AHDB has committed to prioritising for farmers and processors across all the sectors we serve.

“The new rates will allow us to enhance our key activity whether, for example, that involves growing export opportunities or exploring further marketing campaigns in the Beef and Lamb, Dairy and Pork sectors as well as increasing our research offering to Cereals and Oilseeds producers.

“Levy payers can be assured that our commitment to helping them navigate through an unprecedented period of change for the industry is secure and we will continue to listen to their feedback to ensure we are delivering real value for money.”

The government has also agreed that Nicholas Saphir will serve a further 12 months as AHDB chair. The extension to Mr Saphir’s appointment means he will remain in the role until 31st March 2025.

Read more business news here


© Farmers Guide 2024. All Rights Reserved. Terms of Use Privacy Policy

Website Design by Unity Online

We have moved!

We’ve now moved to our new office in Stowmarket. If you wish to contact us please use our new address:

Unit 3-4 Boudicca Road, Suffolk Central Business Park, Stowmarket, IP14 1WF

Thank you,

The Farmers Guide Team