Agriculture: Finance
Question
James MacCleary
To ask the Secretary of State for Environment, Food and Rural Affairs, what steps his Department is taking to help support the long-term financial security of farmers, in the context of changes made to the Sustainable Farming Incentive.
Answer
Daniel ZeichnerWe have allocated a record £11.8 billion to sustainable farming and food production over this parliament. We are investing more than £2.7 billion a year in farming and nature recovery, the largest budget for sustainable food production in our country’s history to put healthy, nutritious food on our tables. We are working closely with farmers and industry stakeholders to design a future SFI offer that fairly and responsibly directs funding. Further details about the reformed SFI offer will be announced in summer 2025.
That is only part of our commitment to farmers.
We have also protected farmers in trade deals and provided a five-year extension to the Seasonal Worker route, giving farms certainty to grow their businesses.
We have appointed former NFU president Minette Batters to recommend new reforms to boost farmers’ profits.
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