Farming economics and regulation Flashcards
What is the AHDB and what is their role?
- agriculture and horticulture development board
- statutory levy board, funded by farmers and other ‘levy payers’
- equip the industry with practical know-how which they can apply to improve performance
What is the main driver of product choice?
Price
Within dairy economics what is increasing and what is decreasing in the industry?
Number of dairy holdings is decreasing
Average herd size is increasing
What are 3 goals in suckler herds to increase productivity?
- More calves reared
- Higher weaning weights
- Better sale prices
What are the 8 key factors that need to be considered on top performing farms?
- Minimise overhead costs
- Set goals and budgets
- Compare with others and gather information
- Understand the market
- Focus on detail
- Have a mindset for change and innervation
- Continually improve people management
- Specialise and do what you do best
What does regulation cover? provide 5 examples
Everything you do on your farm!
- Farming practices i.e. stocking density
- Production standards
- Feed and fertiliser
- Animal welfare and medicines
- Water, air and environment
- Animal ID and movements
- Labour
- Health and safety
- Planning and building design
- Marketing
- Access
What is the agricultural bill?
High level framework setting out key powers for ministers to make payments to farmers
How many parts and schedules is the agricultural bill formed of?
9 parts and 5 schedules
Give 3 examples from the 9 parts of the agricultural bill
- new financial assistant powers
- financial support after exiting the EU
- collection and sharing of data
- powers to intervene in agricultural markets
- marketing standards
- producer organisations and fairness in the supply chain
- WTO agreement on agriculture
- Wales and northern ireland
- Financial provisions
What are the 6 key elements of the environmental bill?
- Environmental governance
- Biodiversity net gain
- Local nature recovery strategies
- Conservation covenants
- Abstraction
- Drainage
What does cross compliance refer to?
A set of rules that farmers must comply with. It includes statutory management requirements and keeping their land in good agricultural and environmental condition in order to qualify for full payments.
Which documents are needed for the cross compliance payment scheme?
Holding register - number of animals on the farm, moving in/out, tagging, passport
Soil protection review
What does the red tractor logo ‘assure’ a product is?
- Products have met certain technical assurance standards
- Guarantees the product is british (born, reared and slaughtered in the UK)
What were the 2 primary objectives of farm assurance schemes?
- To protect the reputation of UK agriculture
2. Reduce the possibility of retailers developing their own schemes
