Lincolnshire Farming Update: Week Commencing 31st March 2025
As we step into the first week of April, Lincolnshire’s farming community is poised to make the most of the favorable weather conditions and navigate the evolving agricultural landscape.
Weather Outlook
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Agricultural Developments
Inheritance Tax Reforms
Recent changes to inheritance tax laws have raised concerns among Lincolnshire farmers. The revised policy imposes a 20% tax on agricultural estates exceeding £1 million, potentially impacting family-run farms and the future of agricultural businesses in the region.
Support Initiatives
In response to these challenges, Lincolnshire County Council has launched the “Keep Lincolnshire Growing” campaign, offering free business advice to farmers. This initiative aims to provide guidance on business planning, cash flow management, diversification, and succession planning, helping farmers adapt to the changing economic environment.
Community Engagement
The Greater Lincolnshire Agriculture and Horticulture Forum has been established to represent local agricultural interests. This group seeks to influence national policies and champion the needs of Lincolnshire’s farming community, ensuring that local voices are heard in broader agricultural discussions.
Looking Ahead
The Lincolnshire Farming Conference 2025, themed “Inspiring the Next Generation,” is scheduled for Thursday, 13th February 2025, at the Lincolnshire Showground. The conference will feature engaging speakers, interactive workshops, and networking opportunities, focusing on empowering future food producers and addressing topics such as multigenerational farming and succession planning.
As the week unfolds, Lincolnshire’s farmers are encouraged to capitalize on the favorable weather, stay informed about policy changes, and engage with available support networks to navigate the evolving agricultural landscape effectively.
