Grain Market Outlook briefing: SFI and the UK cereals and oilseeds market – Friend or foe?

Join us at our 2024 Grain Market Outlook briefing. Throughout the morning our experts will explore how we think the Sustainable Farming Incentive (SFI), government policy and the wider ag-budget will impact food production in the UK.

We know the funding pot for UK agriculture has remained constant in recent years and we also know that farming costs have increased sharply in line with inflation. Will this be a greater threat to food security than the impact of SFI?  

What to expect from the day:

9:30: Arrival

10:00: Chair's welcome - David Eudall, Economics and Analysis Director, AHDB

2024/25 - another global grain deficit - Helen Plant, AHDB Senior Analyst delves into what is driving global cereals and oilseeds markets in the coming season.

UK supply and demand - 2024/25 and beyond - Olivia Bonser, AHDB Senior Analyst highlights the challenges facing the UK in this low production year and looks to longer-term demand trends.

11:00: Break

11:20: To what extent will the Sustainable Farming Incentive (SFI) remove land use from food production? - Amandeep Kaur Purewal, AHDB Senior Economist presents our latest analysis on what we think will be the impact of SFI on land use in the UK and the threat to food security.

Panel discussion: Is industry missing a land use framework? - Join the conversation. Do we need a land use framework to support food production, nature and climate mitigation? What are real threats to food security in the UK?

Panellists:

• Ed Barker, Head of Policy, AIC
• Sanjay Dhanda, Senior Economist, NFU
• Sarah Baker, Head of Economics, AHDB
• Amandeep Kaur Purewal, Senior Economist, AHDB
• Helen Plant, Senior Analyst, AHDB

12:45: Lunch