Rural News Spring 2018 Edition

RURAL NEWS BROWN&CO | SPRING 2018

AbbyMaynard, Agricultural Business Consultant COUNTRYSIDE STEWARDSHIP 2018 IS OPEN FORAPPLICATIONS

25 YEARS OF PARTNERSHIP NOWAND THEN... JimMajor, Senior Partner

The Brown&Co Partnershipwas created in 1993 and is celebrating its 25 year anniversary in April 2018. The businesswas bought fromRoyal Life by twelve adventurous Partnerswith the philosophy of “making and taking opportunity”. Nothing has changed apart fromthe size of the business; now there are 29 Partners, over 250 employees and 15 offices in theUK and overseas. The Firm’s first year of trading involved offering and selling three or four decent farms to a risingmarket, which very neatly helped to defray the outlaymade for the business. Coincidently, 1993was the first year of form- filling for IACS and agents and farmerswere deflected fromnormal market purpose for two to threemonths, but when themarket started it was confident and robust. Nice 15-20 acre fields of Wisbech silt sold for up to £3,000 per acre, whereas a 3,600 acre estate inWest Norfolkwith thirty houses sold for only a little over £2,000 per acre! The early partnership had a positive agemix of thirty to forty year olds, with fivemain Partners leading and guiding andwas based around an immediate sense of acceptable risk, entrepreneurship and initiative, which remains at the heart of the Firm. Partnership philosophy and trust bound the Firmthen and still does, with a common interest, which is to serve clients, makemoney, give honest, real and professional advice outside the confines of a corporate framework and “to be as good aswe can be at what we do”.

Guaranteed entry schemes havemade the process of applying for Countryside Stewardship easier, butmaking the choice of which scheme best suits your farming business ismore difficult. Current Stewardship agreement holders are eligible to apply this year as long as their agreement expires before 1st January 2019. For those that were previously in ELS/HLS and have been put off applying for stewardship, now is the time to reconsider. NewCountryside Stewardship forWildlife – GuaranteedEntry Schemes The introduction of the four newand simplified agreement offers (Online ArableOffer, LowlandGrazingOffer, Mixed FarmingOffer &UplandGrazingOffer) has created an easier path into stewardship. With the exception of theUplandGrazingOffer, all applicantswill be expected to place 3%of the landwithin the agreement into scheme options to qualify. Options are centred around providing food sources and shelter for wild birds and pollinators. For each offer, two to three environmental objectivesmust bemet. Any holdings containing SSSIs or scheduledmonumentswill have to apply throughMid-Tier Countryside Stewardship to enable more specificmanagement options. RevisedMid-Tier Countryside Stewardship – Contract Farming for the Environment Mid-Tier allows you tomaximise the environmental benefit and income that you can generate fromthe scheme through creating habitat forwildlife, protecting soil andwater resources and enhancing historic features. Mid-Tier is competitive and applications are scored against each other; Brown&Co have a very high success ratewith applications. There is also the opportunity to apply for capital works such as planting newhedges, yard re-concreting, sprayerwash-down areas with associated infrastructure. The funding is often dependent on site specific environmental priorities, checkwith your advisor which items are available to you. ApplicationpacksforMid-TierandtheCountrysideStewardshipforWildlifeoffershavetobe requestedbythe 31stofMay. Thedeadlineforsubmittingapplicationsisthe 31stofJuly. Foradviceregardingwhichschemetoenterandtodiscussstewardshipfurther, pleasedonothesitatetocontactus.

CHALLENGINGTIMES CREATEOPPORTUNITIES

PROACTIVITY IS THEKEY Talk to our specialist advisors to helpmaximise your business potential

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