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FC Wales smooths passage to important woodland

With its fascinating historical features, enchanting scenery and strong links to the end of the last major ice age, i Parkwood on the Gower is a popular tourist location. Forestry Commission Wales has stepped in to ensure a smoother passage into this environmental jewel after the Welsh Government woodland became the victim of its own alluring beauty. The road allowing access to the site of special scientific interest (SSSI) was showing signs of serious wear and tear, with badly pot-holed areas testifying to Parkwood’s popularity.

 
Saffery Champness comment on CAP Reform announcement

Commenting on the announcement on CAP Reform by EU Farm Minister, Dacian Ciolos, Andrew Arnott, a partner of  Saffery Champness Landed Estates & Rural Business Group says: “There was not much in the announcement that had not already been leaked. However, it confirms the intention to distribute subsidies more evenly by way of a cap on payments to farmers at 300,000 euros (£261,240) per year.  A progressive levy, to be applied on all payments exceeding 150,000 euros (£130,620), was also announced as a proposal. Assuming that the proposals will be approved by both the EU parliament and all member states, this will be bad news for many large arable farmers and some medium scale farming businesses, including those in the uplands.It remains to be seen whether the ‘sustainable and inclusive growth’ for European agriculture can really be achieved through these proposals.  I think they could, as they stand, have the opposite effect, acting as a disincentive to invest for farm businesses that are highly-mechanised with lower staffing levels”.

 
Leaked proposals for the reform of CAP entitlements

News has recently been leaked from the European Commission that farmers who claim more than €150,000 from the direct support element of the CAP (Pillar1), will see their entitlement payments progressively capped.  Commenting on the leaked proposals Mike Harrison, a partner of Saffery Champness Landed Estates & Rural Business Group, says: “There is a strongly worded proposal for progressive cuts in the entitlement payments above €150,000 ( £127,000) with a cap of €300,000 (£255,000)”.   Whilst the new regulations will apparently incorporate an allowance which reflects the farm’s wages bill, which is welcome news and should mean that both larger and smaller farms are treated equally, there will be a discrimination for those using external contractors

 

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Home Rural agency Land values soften in year to Q3 2008
Land values soften in year to Q3 2008 PDF Print E-mail
Written by Charlie Jacoby   
Tuesday, 23 December 2008 21:01
Average prime arable values in the East of England
Farmland values have generally softened in the third quarter of this year following rapid growth over the past few years. So concludes the latest farmland market research from Savills. In Scotland, average values plateaued during the third quarter following a 9% increase during the first half of the year.
Prime arable values in the East of England weakened to average just over £5,600 per acre at the end of the third quarter of this year from almost £5,850 per acre at the end of June.
The buying activity of farmers fell significantly from 53% of all buyers in 2007 to 43% in the first three quarters of 2008 - not surprising following an exceptionally difficult harvest combined with significant increases in input costs and falling commodity prices, squeezed profitability.
Supply increased by 6% across Great Britain during the first three quarters of 2008 compared with the same period of last year with 168,000 acres publicly marketed. Scotland was the exception to this pattern; here supply fell 12%.
Looking ahead into 2009 the tone of the market is likely to be more cautious with any buyers having to make decisions in the context of a difficult general economic climate combined with pressure on farm incomes and the uncertainty generated by a volatile commodity market.
However, it is likely that a two tier market will emerge with the best quality farms and estates continuing to achieve good sale prices. Poorer quality units will be more difficult to sell and this will be reflected in values.
Market activity across Britain
Percentage of farm sales to farmers 

 
 

Last Updated on Tuesday, 23 December 2008 22:07
 
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