Climate Change Data

Farm Business Survey

Climate Impact & Sustainability Data (October 2023 to March 2024)

Reporting Period: October 2023 to March 2024

Environmental Metrics

ESG Focus Areas

  • Sustainable Farming Incentive (SFI) schemes
  • Farm carbon and methane emissions
  • Biodiversity Net Gain (BNG)
  • Food security
  • Labour issues
  • Extreme weather events

Environmental Achievements

  • Increased interest in Sustainable Farming Incentive (SFI) schemes due to declining BPS payments
  • Some farms are adopting peat-free compost

Social Achievements

  • Farm Expo increasing in popularity
  • Helpful helpline for SFI applications

Governance Achievements

  • New Veterinary Attestation rules implemented

Climate Goals & Targets

Environmental Challenges

  • Continuous rain leading to livestock housing, depleted fodder, increased costs, and lower milk prices
  • High electricity, feed, straw, and labor costs impacting margins
  • Difficult autumn and spring drillings resulting in poor or failed crops
  • Restricted spraying and fertilizer applications due to saturated ground
  • Labour availability issues in horticulture
  • Declining BPS payments
  • Frustration with SFI rollout
  • Limited SFI options for horticulture, permanent grassland, and smaller farms
  • High interest rates impacting cash flow
  • Concerns about food security due to undrilled arable land and land committed to environmental areas
  • Market uncertainty, commodity price volatility, and extreme weather events
  • Bovine TB (bTB) causing movement restrictions and challenges
  • Slurry lagoon pressure due to high rainfall
  • Straw shortage and price rise
  • Lambing challenges due to wet weather
  • Pig and poultry producers leaving the sector due to high input costs and low returns
  • Decline in independent abattoirs
  • Feed quality problems for broiler producers
  • Cabbage Stem Flea Beetle impacting OSR crops
  • Subdued grain prices
  • Late potato season and storage issues
  • Wet weather impacting sugar beet harvesting
  • Reduced cider apple area due to market reduction
  • Difficult hops market
  • Reduced UK hop area
  • Lack of funding for hop breeding program
  • Lack of access to foreign markets for hops
  • Cap on the amount of land put into the SFI
  • Limited SFI options for hill farmers and small farms with environmental features
  • Lack of cashflow to commit to schemes or items funded by grants
  • Overwhelmed agents and farmers unable to afford agents
  • Seed companies rationing spring cropping seeds
  • High interest rates and banks closing farming accounts
  • New tax changes
  • Shortage of labour
  • Livestock worrying
  • Environment Agency inspections
  • Minimum 4-month storage targets for slurry and FYM
  • Rigid spreading dates
  • Increase in RPA boundaries and cross-compliance inspections
  • Lack of standardized carbon footprint calculator
  • Unclear understanding of Biodiversity Net Gain (BNG)
  • Difficulty obtaining Heptavac P and long-acting antibiotics
Mitigation Strategies
  • Farmers considering environmental schemes
  • Farmers considering regenerative farming techniques and carbon certificates
  • Farms converting redundant farm buildings for income
  • Farmers amending financial year ends to 31st March
  • Some farmers optimizing SFIs to reduce workload
  • Consultancy groups organizing meetings and workshops on carbon emissions

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
  • Flooding
  • Wet weather impacting crops and livestock
Transition Risks
  • Declining BPS payments
  • Changes in environmental schemes
Opportunities
  • Regenerative farming techniques and carbon certificates