Today we’re talking about the challenges facing farm businesses after two very difficult years of crop establishment and a dry summer that has left many under significant financial pressure. That’s the picture here in the UK, but globally we’re seeing record harvests - and it’s not just arable enterprises under strain. Livestock producers have been severely affected too. So, what can farmers do to navigate this period and build resilience? To explore that question, we're joined by Lucy Braithwaite-Exley Scotland Origination Manager with Bunge, and Paul Pickford, Farm Business Consultant. This episode covers:

Create a Clear Financial Plan
Build a realistic budget and gross margin analysis to guide decisions and secure financial support. This helps manage cash flow and ensures you're prepared for seasonal input costs.

Engage Early with Local Buyers and Merchants
Identify local market demand to reduce haulage costs and improve profitability. Regularly speak with merchants and traders to align crop choices with buyer needs.

Diversify Marketing Strategies
Use tools like grain pools to manage price volatility and ensure movement and payment for a portion of your crop. This reduces risk and improves financial predictability.

Adapt Cropping Based on Market Signals
Monitor shifts in demand (e.g. reduced distilling sector needs in Scotland) and adjust crop rotations accordingly - consider alternatives like oats, rye, or oilseed rape where viable.

Leverage Sustainable Practices for Financial Gain
Implement strategies like reduced tillage, cover cropping, and efficient nutrition to unlock environmental and financial benefits. Explore pilot projects and sustainability schemes that offer rewards.

*Please note: This podcast was recorded on 13th October 2025, and market prices may have changed since then.