Scottish Farming Update | Summer 2023
Welcome to this quarter’s Scottish Farming Update, which is produced by our Farming Research Group and reports on market and policy issues that affect farmers’ business decisions.
At the time of writing, volatility within the arable sector continues with lower grain values meaning that margins for 2023 harvest crops appear far less attractive than on the first draft of budgets which were produced in the autumn.
Meanwhile, livestock farmers are looking carefully at the implications of the UK-Australia and UK-New Zealand trade deals which allow both countries to enter the UK market tariff free, via tariff rate quotas (TRQs) for lamb, beef and dairy.
Read the full Scottish Farming Update for more on:
- Global grain markets
- UK arable markets overview
- UK livestock markets
- Fertiliser and fuel
- Policy and regulation
- Dates for your diary
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