#50 - New ELMS announcements

Defra has finally announced further details about the future environmental schemes in England, including the Sustainable Farming Incentive, Countryside Stewardship and Landscape Recovery. These include a plethora of new land management options to mix and match, as well as higher payment rates to encourage farmers to apply. Jeremy Moody explores what these enhanced initiatives and payments mean for farmers, while also considering the decision-making process for optimal financial success. Given that these environmental payments will not replace the loss of Basic Payments for most producers, what is the most profitable way forward?