Livestock farmers in Less Favoured Area could see profits 'cut in half' with new delinked payments

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Livestock farmers in Less Favoured Area could see profits 'cut in half' with new delinked payments

"LFA livestock farms are set to be harder hit due to their historically higher proportion of income from BPS in comparison to other farm types, resulting in them now losing 45% of their bottom-line profit with the new subsidy reduction plans"

Chris Brayford

07 January 2025 鈥� 4 min read

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According to Knight Frank's data, assuming other streams of income remain the same, the average English LFA livestock farm profit will reduce from 拢42,881 in 2022 to 拢23,584 in 2025. (Pictured: Simon Britton, head of agri-consultancy at Knight Frank).

A 'drastic' reduction of the Basic Payment Scheme (BPS) will have the biggest impact on Less Favoured Area (LFA) farmers, a global real estate consultancy group has warned. Simon Britton, head of agri-consultancy...

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Livestock farmers in Less Favoured Area could see profits 'cut in half' with new delinked payments

"LFA livestock farms are set to be harder hit due to their historically higher proportion of income from BPS in comparison to other farm types, resulting in them now losing 45% of their bottom-line profit with the new subsidy reduction plans"

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Livestock farmers in Less Favoured Area could see profits 'cut in half' with new delinked payments

"LFA livestock farms are set to be harder hit due to their historically higher proportion of income from BPS in comparison to other farm types, resulting in them now losing 45% of their bottom-line profit with the new subsidy reduction plans"

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More on Farm Business

Change is needed to ensure farm assurance fit for the 'modern farming environment', says NFU chief

What farmers can expect for lamb's retail performance this Easter

Join our FREE webinar: How will the latest tax changes impact your farming business?