Finance News

Farmers in England who are looking to adopt smaXtec’s cutting-edge animal health monitoring system, can now get 50% grant funding, through the Farming Equipment and Technology Fund (FETF) 2024. 

Farming groups have expressed relief that the government has listened to the sector’s growing fears that environmental schemes could pose a threat to food security.

A rural property expert encourages farmers to carefully consider to what extent they enter new environmental schemes after inheritance tax relief was extended in the Spring Budget. 

Farmers can now apply for FETF funding to help pay for equipment and technology to improve animal health and welfare.

As the government opens up new rounds of FETF funding this spring, we take a look at what farmers can apply for now, as well as future dates to keep in the diary.

Farmers have been encouraged to repurpose their unused buildings and gain additional income through diversifications.

Farmers from East Anglia joined the 2024 Farming Conference that took place on Thursday 29th February in Ipswich. A panel of experts shared their advice on ‘how to thrive, not just survive’ in the agricultural industry. 

New BNG rules present an opportunity for farmers and landowners to rent out less productive land to developers, who are now required to provide at least 10% BNG.

UK Agricultural Finance believes in supporting farmers to invest in their agricultural business with farm loans. Many established farm businesses that have been in the family for a long time will require some form of restructuring, and this may require restructuring finance.

Krone Finance has launched its latest finance deals on hire purchases of Krone’s forage and grassland equipment in the UK.

Comments made by Welsh Labour MS Mike Hedges about farm funding have been criticised by the Welsh farming union and described as “completely out of touch”. During a Senedd plenary debate on Wednesday, 10th January, Swansea East MS Hedges said that “there is no reason to subsidise agriculture”.

A Cambridgeshire farmer and CEO of the Nature Friendly Farming Network (NFFN) warmly welcomed recent changes to the ELM scheme, which enable farmers to receive premium payments for taking environmental actions.