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Contents tagged with trade and policy
17 April 2024
In March 2024, annual food price inflation in the UK fell to 3.9%, down from 5% in February and well below the 19.6% a year earlier according to the latest Consumer Prices Index (CPI). Food price inflation remains ahead of overall CPI which was 3.2% for March 2024.
17 April 2024
With the latest data showing that not only is inflation falling in the UK, but also that the price of some food items including meat actually falling, speculation regarding when and by how much interest rates will start coming down is increasing.
15 April 2024
On 30 April, a tightening of the rules in the Border Target Operating Model (BTOM) is set to come in for GB imports from the EU, after a ‘bedding in’ period.
24 April 2024
Defra have announced that there will be limits to the amount of land businesses are able to put into the Sustainable Farming Incentive (SFI) scheme. Businesses will only be able to put 25% of their land into the six land sparing SFI actions, those actions taking land out of food production.
9 April 2024
Trade between the UK and Switzerland at a glance
24 April 2024
Food security is in the spotlight. There is increasing focus on food security due to global unrest, food shortages, climate change and other shocks such as the pandemic. More recently, at the NFU conference, the Prime Minister announced further commitments to food security reporting and funding for domestic production.
11 March 2024
With England’s farming industry in the middle of the Agricultural Transition, schemes are being expanded to pay farmers and land managers to provide environmental goods and services alongside food production.
4 March 2024
The final stage of the Welsh Government’s consultation regarding the Sustainable Farming Scheme (SFS) is due to close on 07 March 2023. The proposal details the scope of the SFS, the actions involved, and how SFS payments will affect payments from the Basic Payment Scheme.
4 March 2024
In the AHDB February Outlook we predicted that interest rates would be likely to start dropping late Spring/early Summer, with a gentle downward trajectory throughout the year.
24 April 2024
Will it really pay to take farmland out of production and capitalise on high paying agri-environment actions? We consider the various considerations and implications at play.
4 March 2024
The Scottish First Minister Humza Yousaf has announced at the NFU Scotland’s spring conference that 70% of future support for Scottish farmers will be provided as direct payments.
29 January 2024
This week heralds the much delayed introduction of checks at the border good imported to the UK from the EU