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Western Morning News, The
THE poultry sector forms an important part of Westcountry agriculture's core success story. Nationally, poultry meat output was worth Pounds 1,.5 billion at the latest showing, accounting for nearly 30 per cent of all meat, by value.
FOR the sheep industry to exist into a worthwhile future, producers will have to establish harmonious links within production and the environment. As part of on-going research from leading universities, and political pressure, the NSA will be producing a public report on the positives impact of sheep within the environment.
THE year started with the launches of a few large 400-acre-plus farms, and agents remained nervous of the interest they would receive. As it turned out, bare land, farms and estates remained popular with a huge variety of purchasers.
GIVEN that there are no accurate crystal balls available to forecast the future for Westcountry farming, what would be the aspirations for the region's agriculture in the coming 12 months, and beyond? The way ahead is certainly challenging, with so many issues affecting profit margins and thus making the whole process worthwhile - no longer regional or national, but now global. What happens in China, India and Brazil - if they want to eat more red meat, consume more dairy products and adopt a...
MARKET forecasts suggest a favourable outlook for Westcountry lamb for the coming months. As predicted at the start of last season, 2009 saw continued improvement on the favourable prices seen for much of 2008, with prime-cut lamb prices peaking at comfortably over Pounds 4 per kilo deadweight in April and May and staying ahead of the previous year in almost every month. The firm and far more predictable market position than earlier years was primarily driven by a lack of hogget carry-over, a...
ALTERNATIVE energy has long been touted as an environmentally friendly way to boost farm incomes, but often fails to deliver in terms of profitability. Fortunately, with the launch of new Feed-in Tariffs (FITs) from April, that picture may finally be changing.
IN A topsy-turvy agricultural industry, where there is increasing volatility, arable fortunes have taken a bashing - particularly cereals. Last year was 12 months when the phrase "up horn, down corn" certainly applied.
IN the six months since I took over as Food and Drink Editor, I have visited farms all over the region on a quest for interesting food-related stories. From my readers' point of view, I'm quite simply on the lookout for wonderful food and drink to recommend. But from the business angle, what so many of these stories have in common is that they show farmers transforming a commodity product into something commanding a premium price.
IS wind energy the new crop for f ar ming? Defra has announced an annual drop in average incomes of 6.7 per cent per farm. As farmers are increasingly seeking to diversify into other avenues to increase potential income there is the good news that the Government has announced the introduction of FITS (feed-in tariffs) for on-site micro-generation of electricity.
LOWER milk prices during 2009 have eroded dairy farmers' profits, but cheaper inputs mean many producers will be able to continue rebuilding their balance sheets. And with a number of tax incentives to take advantage of, now could be the perfect time to invest in the business.
LAST year saw improved fortunes for pig producers, with the industry recovering from the high feed prices of the previous two years, which saw many farmers trading at a loss. Sow numbers increased by 20,000, and deadweight prices rose at one stage to over 150p per kilogram.
FARMLAND, buildings and houses have traditionally escaped inheritance tax through agricultural exemptions. But HM Revenue & Customs (HMRC) is targeting these areas in a bid to raise taxes, and farmers need to be extremely careful to avoid the ever-tightening noose. "We are seeing an increasing number of cases where HMRC is challenging whether farmhouses, agricultural buildings, and even the land itself, should qualify for Agricultural Property Relief (APR)," said Catherine Vickery, rural tax ...
WITHOUT a doubt, the prospects for the suckler and dairy-beef sectors are more promising in both the short and longer term, with 2010 a year of consolidation. A combination of consumer demand for British beef, competition for quality cattle, cheaper wheat and a continuing weak pound, keeping imports out but generating some export trade, has brought stability to farm-gate prices.
Beef South West Moves to Exeter
THE exciting new Beef South West event will take place at Exeter Livestock Centre on Wednesday, September 29, on a wave of renewed optimism for British beef. Organised by the National Beef Association South West, this dynamic one-day event will showcase the breadth and depth of quality breeding and production, with the focus on profit and performance. The Westcountry is a major player in the UK with 20 per cent of the national cattle herd.
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