Agriculture Flashcards
Differences between FBT and CFA?
FBT - tenancy between L & T, rent paid, greater freedom for tenant to operate and crop as they wish.
CFA - contract between farmer and contractor, contractors fixed fee and divisible surplus paid, greater control for L
Why choose a contract farming agreement over an FBT?
Greater control for the farmer, tax benefits.
Can get VP quicker if needed
What are the 2024 delinked payments?
Between 50% and 70% depending on the payment band.
What were 2023 entitlement rates per hectare?
£233 - non-sda
£231 - sda
£64 - moorland
What does SDA stand for?
Severely disadvantaged area
Plumbley Hall Farm
What scheme option was this under?
Option BE3 - management of hedgerows
What legislation governs the management of hedgerows?
The Management of Hedgerows (England) Regulations 2024
And Hedgerow Regulations 1997
What do these regulations state?
2 metre buffer strip
Cutting ban from 1 March - 31 August
Plumbley Hall Farm
What was the cost of establishment?
Quotes ranged from £5-£7/m
Plumbley Hall Farm
How much of the cost was covered by the CSS scheme?
£13/100m
Land at Clowne
What are the key terms of a CFA
farmer
contractor
farm
commencement date
termination date
contract period
annual fixed contractors fee
farmers divisible surplus
contractors divisible surplus
professional fees
account date
account period
Land at Clowne
When did the CFA start?
1st October 2023
Land at Clowne
What were the payments?
£120/cropped acre fixed contractors fee
50/50 divisible surplus
What is a farmers first charge?
Farmer is paid a fixed sum after contractor has received their annual fixed fee
Land at Clowne
How were the accounts managed?
Number 2 Account
New Radley Farm
What were the key heads of claim?
crop loss
disturbance
subsidy losses
claimants time
professional fees
New Radley Farm
What crop was affected and what was the spot price/t at the time?
milling winter wheat at £252/t
straw at £49/t
What are up to date values for these?
My area of practice - £248/t milling wheat
Straw £85/t
How is a record of condition undertaken?
photographs
written description
date
weather
person undertaking
plans
New Radley Farm
How was compensation calculated?
Full value of crop (grain and straw) as the claim areas were a number of small areas rather than one large area, so all operations were still carried out over the area.
New Radley Farm
If it had been one large area, how would the compensation have been calculated?
Deductions of the operations from the crop value
New Radley Farm
What were the yield rates in your claim?
3.7t/ac milling wheat
2t/ac straw
New Radley Farm
Was there any reinstatement?
No as land was under option, however if there was, subsoil and cultivate
New Radley Farm
On what percentage basis is compensation payable?
as under option, just 100% y1
however otherwise, 75% y2
50% y3
What notice must be served with an FBT?
s1(4) notice
outlines that both parties agree that the agreement is to remain a farm business tenancy
Price of wheat in your area of practice?
£248/t milling
£185/t feed
Price of barley in your area of practice?
£155/t
Stubble to stubble operations?
Power harrow
drill
roll
ferts/sprays
combine
bale the straw
