Stephen Morgan

Stephen Morgan

Labour — Portsmouth South

Speaking in the House of Commons on 24 June 2026

Debate

Farming: Financial Sustainability

Contribution

It is a pleasure to serve with you in the Chair, Mr Turner. I congratulate my hon. Friend the Member for North Northumberland (David Smith) on securing this important debate and thank all those who have made contributions this afternoon. I am delighted to see the excellent Labour rural research group here in force. Their speaking with such insight and passion is a reminder to me of the real champions for rural affairs issues who we have on our Benches. What a shame that so few Conservatives are here! Maybe that is a reminder of their disastrous election result in 2024. I want to pay tribute to my predecessor, my hon. Friend the Member for Wallasey (Dame Angela Eagle), for her hard work and dedication to the role. Her ambition for farming and food security will make her a tough act to follow. I have already had the opportunity to meet a range of stakeholders from across the sector and visit a range of farms and farmers across the country, which has reinforced to me the importance of farming. It matters to our country, supports rural jobs and communities, provides the food we rely on and underpins our national resilience. As I mentioned earlier, today we published our farming road map, which sets out our plan for farming up to 2050. The road map sets out a clear direction towards a future for farming. It will give businesses in the sector confidence to invest, grow, plan for the future and secure farms for the next generation. The road map will help our food and farming system to become more resilient to global crises, adopt nature-friendly methods that support profitable food production in the long term and shore up food supplies. It sets a direction for agriculture that involves clearer, fairer routes to market, with better access to the tools, technology, skills and supply chains that farmers need to run sustainable businesses. Alongside the road map, today we published our full response to Baroness Minette Batters’s independent farming profitability review. The vast majority of her recommendations are either already under way or are being implemented soon, including the formulation of the farming and food partnership board, which has already met twice. Today, we announced that we will be taking a number of additional actions to create an environment for profitable farm businesses to thrive. That includes an additional £53 million investment for the farming innovation programme to help farmers to harness new technology that improves productivity, reduces reliance on inputs and improves long-term resilience. It also includes investment in the skills and people that the sector needs. By supporting training and new entrants, farmers’ hard-earned knowledge will be passed down to the next generation. I also want to recognise the pressures that many farm businesses face—a theme that has come out very clearly in the debate. Input costs rise quickly, and global markets can shift overnight; that uncertainty makes it harder to plan, invest and employ. That is why I want to reiterate this Government’s long-term and practical approach to farming, our commitment to stable funding, and our simpler and fairer funding schemes, which are designed to make farming more resilient and sustainable for the future.

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