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Written by Alf Maxwell
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Friday, 10 April 2009 15:30 |
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Salaried farm managers are on the rise and the family farm is on its way out. Now, new research sponsored by the RICS, considers the impacts that these changes may bring.
Caroline Stanford-Billington of Harper Adams has had her paper The changing structure of agriculture and its relationship with family farm succession published by the RICS. It shows how the last decade has seen substantial change in the relationship that farm families have with their farms and their work. By 2005, the number of salaried managers had increased by 40% since 1998. Trend analysis suggests an average of more than 700 new salaried farm managers per annum are created. Individuals classified as farmers, partners, directors and spouses have been slowly shifting from full-time to part-time. In 2000, the number classified as part-time exceeded full-time for the first time and the gap has continued to widen since then. This suggests that family farm successors, where they take over, will increasingly have a more distant relationship with the family business and/or the land of their forefathers; as landlords, share-farmers, partners in contract farming or as 'pluriactive economic agents'. There has also been considerable change to the legal status of a typical family farm business moving from sole trader to formal farm partnership or perhaps even a limited company. This suggests that decision-making must take more account of other stakeholders. This paper looks at the implications for the future of the agricultural sector and the advice which land agents may need to offer. Click here to view it (PDF). |
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Last Updated on Friday, 10 April 2009 15:42 |