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All farming businesses should be reviewing their crop and livestock net margins to ensure viability, then making strong business decisions to make the farm as resilient as possible.

The Rt Hon Steve Barclay MP announced the new Sustainable Farming Incentive (SFI) actions for 2024 today at the Oxford Farming Conference. The updates include funding uplifts, streamlined application processes, enhanced environmental incentives and support for the roll out of new technology.

the Department for Environment, Food & Rural Affairs (Defra) have announced more details on the Sustainable Farming Incentive today (21.06.2023).

There is cause for optimism amongst farmers where the Sustainable Farming Incentive is concerned, despite an uninspiring launch and question marks over the future of subsidy, we are now nearly 9 months on and have a clearer idea of how the scheme will work.

Lottie Hill, one of our specialist environmental consultants, summarises this month’s announcements and changes in a handy guide.