Published Friday, 31st October 2014 in SAC Consulting news
With the harvest over and the autumn sales running their course this is a time for farmers to look forward.
As details of the latest reform of the Common Agricultural Policy (CAP) become better understood clearly 2015 will be a year with a lot of decisions to make.
A free farmers' meeting in the Tankerville Arms, Wooler, organised by specialists from SAC Consulting, will focus on the CAP, opportunities in the market, investment, expansion and business pointers. Also taking part is farmer Simon Bainbridge who will explain what impact his experience as a monitor farmer, where he opened his farm to the scrutiny of neighbours, has had on his business.
The evening will begin with Richard Jeffreys from SAC Consulting’s Wooler office who will explore how much the reforms of the CAP and the approach being taken by rural ministry DEFRA may change plans. His colleague Julian Bell, an Edinburgh-based Senior Rural Business Consultant, is an expert on commodity markets. He will give his assessment of the UK grain market, the impact of world prices and where the opportunities are in 2015.
Livestock farmers won't be forgotten. There have been poor returns for beef and sheep this autumn but stock for breeding is commanding top prices. SAC Consulting’s Paul Heyhoe will address questions around whether this is set to continue into 2015 and whether this can sustain the price of herd or flock replacements, business re-investment, expansion or even the status quo.
Looking at finance in more detail will be Nick Sheffer, Barclays Agricultural Manager, who will update the audience on investment in the agriculture sector, why this remains a priority for Barclays and what the bank is looking for in a business which is looking to expand.
Undoubtedly for many farmers the main attraction will be hearing the personal experience of farmer Simon Bainbridge of Donkin Rigg, who was a Monitor Farmer from 2010-2013. He will discuss what it feels like to have the way you do things closely examined by neighbours, however well meaning. He will outline the changes the process brought to his business and explain the thinking behind his steps to increase business output, maximise efficiency and capitalise on the opportunities available.
While the evening event is free, there will be food available and it would help with organising the catering if those planning to attend could reserve a place by phoning SAC Consulting’s Wooler office on 01668 283363.
SAC Consulting is part of Scotland’s Rural College (SRUC). It has offices in Wooler and Kendal.
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