Advertise with Us

Become a Farmers Guardian member

Livestock farmers in Less Favoured Area could see profits 'cut in half' with new delinked payments

"LFA livestock farms are set to be harder hit due to their historically higher proportion of income from BPS in comparison to other farm types, resulting in them now losing 45% of their bottom-line profit with the new subsidy reduction plans"

Chris Brayford

07 January 2025 • 4 min read

Image:

According to Knight Frank's data, assuming other streams of income remain the same, the average English LFA livestock farm profit will reduce from £42,881 in 2022 to £23,584 in 2025. (Pictured: Simon Britton, head of agri-consultancy at Knight Frank).

A 'drastic' reduction of the Basic Payment Scheme (BPS) will have the biggest impact on Less Favoured Area (LFA) farmers, a global real estate consultancy group has warned. Simon Britton, head of agri-consultancy...

To continue reading...

Already a member? Login for full access.

New to Farmers Guardian? Register for 1 free article per week or become a member for unlimited access to essential farming news and insights.

Jeremy Moody - Central Association for Agricultural Valuers on the family farm tax: "Do farmers move to owning less land and having more on tenancy and other arrangements?"

BBC drama The Archers to tackle Inheritance Tax after criticism from rural groups

Agriculture's National Classifieds

Livestock farmers in Less Favoured Area could see profits 'cut in half' with new delinked payments

"LFA livestock farms are set to be harder hit due to their historically higher proportion of income from BPS in comparison to other farm types, resulting in them now losing 45% of their bottom-line profit with the new subsidy reduction plans"

Already a member? Login for full access.

More on Farm Business

US buyers praise UK's high meat standards and spot opportunities to grow trade links

IHT reversal priority in UFU pre-Budget submission

Hay barn destroyed by fire at Warriner School Farm in Oxfordshire

Agriculture's National Classifieds

New and Used Farm Machinery

Farm Equipment

Livestock

Farm Property for Sale

Livestock farmers in Less Favoured Area could see profits 'cut in half' with new delinked payments

"LFA livestock farms are set to be harder hit due to their historically higher proportion of income from BPS in comparison to other farm types, resulting in them now losing 45% of their bottom-line profit with the new subsidy reduction plans"

Share

Already a member? Login for full access.

Previous Article

Next Article

More on Farm Business

US buyers praise UK's high meat standards and spot opportunities to grow trade links

IHT reversal priority in UFU pre-Budget submission

Hay barn destroyed by fire at Warriner School Farm in Oxfordshire