Currency and weather keep oilseeds market uncertain

Currency uncertainty, with Brexit deal talk sending the pound up, along with weather woes around the world, crushers who aren’t eager to buy and farmers who are too busy to sell, is keeping the market for rapeseed subdued. “Sterling’s strength is not helping, with the...

Lakeland and LacPatrick to merge

Lakeland Dairies and LacPatrick Dairies, two co-operative milk processing businesses that operate on both sides of the Irish border, are to merge into a single business with revenues in excess of €1 billion, subject to member and regulatory approval. Shareholder...

Farmland values stabilise despite Brexit uncertainty

New data from Carter Jonas, the national property consultancy, shows that bare arable farmland values in the UK registered a marginal increase of 0.5% between Q1 and Q2 of 2018, and now average £8,961 per hectare. The company suggests that although land values fell by...

No deal Brexit “hugely disruptive” to UK agrifood

The Government’s first advisory papers on a “no deal Brexit” point to agricultural regulation carrying on as before in the UK during the interim period, save for organic feed and food trading which would be subject to some delays. But the NFU warns that the organic...