Facebook Twitter Instagram
    • FREE Email Newsletters
    • About Us
    • Advertise
    • Contact Us
    • FREE Magazine Subscriptions
    •  
    Twitter LinkedIn
    Podcast
    Poultry News
    • Production
      • Broiler Production
      • Ducks
      • Egg Production
      • Game
      • Hatching
      • Housing
      • Turkeys
    • Processing
    • Business & Politics
      • Business
      • Economics
      • EU & Politics
      • Marketing
      • People
      • Training & Education
    • Welfare
      • Environment
      • Food Safety
      • Vet & Medication
      • Welfare
    • Feed
    • Genetics
    • New Products
    • Magazines
      1. May 2022
      2. April 2022
      3. February 2022
      4. January 2022
      5. December 2021
      6. November 2021
      Featured

      Protected: Poultry Business – April 2022

      By Chloe RyanApril 7, 2022
      Recent

      Protected: Poultry Business – May 2022

      May 6, 2022

      Protected: Poultry Business – April 2022

      April 7, 2022

      Protected: Poultry Business – March 2022

      March 8, 2022
    • Jobs
      • Browse Jobs
      • Post a Job
      • Manage Jobs
    • Events
      • National Egg and Poultry Awards
      • Poultry Fair
    Poultry News
    Business

    Farmers warned that Brexit adds volatility to agricultural markets

    Colin LeyBy Colin LeyJuly 18, 20162 Mins Read
    Facebook Twitter LinkedIn Email
    Share
    Facebook Twitter LinkedIn Email

    A warning that uncertainty, resulting from the Brexit decision, is adding to volatility in the UK’s agricultural markets, has been issued by the Agriculture and Horticulture Development Board’s (AHDB’s) volatility forum.

    “Volatility and Brexit have a common theme – uncertainty,” said AHDB’s Jack Watts (pictured above), who facilitates the forum. “Without wanting to speculate, it is possible that Brexit could leave UK agriculture more exposed to the opportunities and threats of global market volatility.

    “We’ve seen this already in the form of a weak pound supporting farm output prices but risking an increase in cost of key inputs, such as fertiliser, which are themselves globally-traded commodities.

    While adding that the longer term impact of Brexit on volatility will depend on a lot of policy detail, Mr Watts, speaking after a forum meeting at the recent UK Livestock Event, said the forum was “challenged” to think about how the industry looks at price, cost and profitability.

    Forum members at the meeting agreed, for example, that the new rules allowing profits to be averaged over five years for tax purposes was a huge opportunity for the UK industry. By considering profitability and competiveness over a longer time frame, short term price and cost shocks may have less bearing on overall business performance.

    It was also recognised, however, that this approach requires a fundamental culture shift at farm level and that cash flow can be an immediate issue.

    AHDB also announced that, over the summer, it will be exploring what practical steps businesses can take to prepare for uncertainty driven by volatility, providing insight into the benefit of different management strategies.

    “There is an argument that only looking at business management in the here and now can turn a period of low prices into a crisis,” said forum chair, Gwyn Jones. “We want to lay down a real challenge to the industry to think about how it measures performance over time and uses that information to strategise for the future.”

    Share. Facebook Twitter LinkedIn Email
    Previous ArticleProposed US organic standards draw heavy industry criticism
    Next Article Mycotoxin risk alert issued for GB winter wheat
    Colin Ley

    Read Similar Stories

    Business

    Green light given for Salisbury Poultry’s £12m Wolverhampton expansion project

    May 18, 2022
    Business

    BPC warns on Government decision to delay border controls on meat imports

    May 5, 2022
    Business

    BVA raises disease alarm over delay to post-Brexit import checks

    April 25, 2022
    Most Read

    Vote for your Trade Supplier of the Year

    May 19, 2022

    ‘Golden era’ of cheap food over as two in five Brits buy less to eat

    May 19, 2022

    Green light given for Salisbury Poultry’s £12m Wolverhampton expansion project

    May 18, 2022
    © 2022 Lewis Business Media. All Rights Reserved.
    Lewis Business Media, Suite A, Arun House, Office Village, River Way, Uckfield, TN22 1SL

    Privacy Policy | Cookie Policy | Terms & Conditions

    • AA Farmer
    • Farm Contractor
    • Pig World
    • OvertheCounter

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “ACCEPT ALL”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
    Cookie SettingsREJECT ALLAccept All
    Manage consent

    Privacy Overview

    This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
    Necessary
    Always Enabled
    Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
    CookieDurationDescription
    AWSALBCORS7 daysThis cookie is managed by Amazon Web Services and is used for load balancing.
    cookielawinfo-checkbox-necessary1 yearSet by the GDPR Cookie Consent plugin, this cookie is used to record the user consent for the cookies in the "Necessary" category .
    PHPSESSIDsessionThis cookie is native to PHP applications. The cookie is used to store and identify a users' unique session ID for the purpose of managing user session on the website. The cookie is a session cookies and is deleted when all the browser windows are closed.
    Others
    Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
    CookieDurationDescription
    AWSALB7 daysAWSALB is a cookie generated by the Application load balancer in the Amazon Web Services. It works slightly different from AWSELB.
    explat_test_aa_weekly_lohp_2021_week_4517 days 8 hoursNo description
    ppwp_wp_session30 minutesNo description
    tk_ai14 daysGathers information for WordPress by themselves, first party analytics tool about how WP services are used. A collection of internal metrics for user activity, used to improve user experience.
    tk_qssessionGathers information for WordPress by themselves, first party analytics tool about how WP services are used. A collection of internal metrics for user activity, used to improve user experience.
    Advertisement
    Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
    CookieDurationDescription
    OAGEOsessionOpenX sets this cookie to avoid the repeated display of the same ad.
    OAID1 yearThis cookie is set when an AdsWizz website visitor have opted out the collection of information by AdsWizz service or opted to disable the targeted ads by AdsWizz.
    Analytics
    Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
    CookieDurationDescription
    _ga2 yearsThe _ga cookie, installed by Google Analytics, calculates visitor, session and campaign data and also keeps track of site usage for the site's analytics report. The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors.
    _gat_gtag_UA_31822138_71 minuteSet by Google to distinguish users.
    _gid1 dayInstalled by Google Analytics, _gid cookie stores information on how visitors use a website, while also creating an analytics report of the website's performance. Some of the data that are collected include the number of visitors, their source, and the pages they visit anonymously.
    tk_lr1 yearThe tk_lr is a referral cookie set by the JetPack plugin on sites using WooCommerce, which analyzes referrer behaviour for Jetpack.
    tk_or5 yearsThe tk_or is a referral cookie set by the JetPack plugin on sites using WooCommerce, which analyzes referrer behaviour for Jetpack.
    tk_r3d3 daysJetPack installs this cookie to collect internal metrics for user activity and in turn improve user experience.
    SAVE & ACCEPT
    Powered by CookieYes Logo