51AVÊÓÆµ

Livestock farmers in Less Favoured Area could see profits 'cut in half' with new delinked payments

"LFA livestock farms are set to be harder hit due to their historically higher proportion of income from BPS in comparison to other farm types, resulting in them now losing 45% of their bottom-line profit with the new subsidy reduction plans"

clock • 4 min read
According to Knight Frank's data, assuming other streams of income remain the same, the average English LFA livestock farm profit will reduce from £42,881 in 2022 to £23,584 in 2025. (Pictured: Simon Britton, head of agri-consultancy at Knight Frank).
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According to Knight Frank's data, assuming other streams of income remain the same, the average English LFA livestock farm profit will reduce from £42,881 in 2022 to £23,584 in 2025. (Pictured: Simon Britton, head of agri-consultancy at Knight Frank).

A 'drastic' reduction of the Basic Payment Scheme (BPS) will have the biggest impact on Less Favoured Area (LFA) farmers, a global real estate consultancy group has warned. Simon Britton, head of agri-consultancy...

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