Posts Categorized: Agriculture

Farm debt continues to rise

Outstanding debt of Scottish farms has risen over the past year, according to a release from Scotland’s Chief Statistician. The latest results from the Survey of Bank Advances to Scottish Agriculture have revealed that outstanding bank loans to Scottish farms rose by £53 million in the year to 31st May 2013. Total outstanding loans to… Read more »

First weather payments for farmers

More than 4,000 farmers across Scotland who lost livestock during this year’s extreme weather have received compensation from the Scottish Government. On a visit to Arran, Rural Affairs Secretary Richard Lochhead confirmed most of the Scottish Government’s £750,000 Fallen Stock Fund has now been paid out. It comes as Scottish Government officials continue to process… Read more »

Farmland prices more than treble within nine years

Farmland prices hit yet another record high during the first half of 2013 and have now more than trebled in less than a decade, according to the RICS Rural Land Market Survey H1 2013. During the first six months of the year, the cost of farmland jumped to £7,440 per acre across the UK, hitting… Read more »

Statistics released on tenanted agricultural land in Scotland

New statistics on tenanted agricultural land in Scotland have been released by Scotland’s Chief Statistician, which brings together data for 2012 on the number and types of rental agreements, and the rents paid. The 2012 rent results are apparently calculated on a different basis than previous years, which means that the 2012 rent statistics are… Read more »