As the agricultural sector tackles new subsidy regimes and the carbon-natural agenda, farming is going to be very different in the future. Understanding your own challenges, opportunities and options in the future will be key. Those who start on this journey early will be best placed to adapt and thrive.
Farmers and landowners in the East Midlands wanting advice on planning for this future are invited to attend a 2021 rural seminar from ActiveBP and Virgin Money. This free seminar will be held at The Cross Keys at Sturton by Stow on Wednesday 24th November at 6.00pm followed by a complimentary pie and pint.
The seminar will feature the ABP team discussing the importance of farm business reviews, the move towards environmental schemes, and an update on the Sustainable Farming Incentive. This will be followed by Brian Richardson, Head of Agriculture for Virgin Money, who will discuss the bank’s view of the future and how Virgin Money can support the strategies farmers should adopt.
Brian says: “Michael Gove said the new, post-Brexit agricultural policy will mean a revolution in the way we produce food and manage the countryside. Big changes are coming, and payments received this winter for BPS will be markedly smaller than last year. There are new schemes afoot, but the cost of compliance will likely be higher.
“Times are a-changing for farming, with the climate agenda coming to the fore. I will be talking about what this means for you, and how the bank and your advisors will help you succeed. Looking deep into your business may be the only way to thrive and survive as this revolution takes place. You have five years to learn about your farming business’s performance and to adapt.”
Alex Olivant, one such Farm Business Advisor from ActiveBP, is also clear that there is a need for practical guidance in uncertain times. “Our teams are committed to supporting farmers through the agricultural transition, and we are actively working with clients to plan strategically for the future.”
The seminar evening which begins at 6.00pm will include opportunities for questions and discussion, as well as supper to conclude. It is timed to finish at 8.00pm.
The ActiveBP team, along with the Virgin Money team, will be attending the Sturton by Stow seminar, to answer queries and to offer guidance on planning for the future.
