What opportunities are there for me becoming a new entrant to Scottish farming?
Many commentators have highlighted the important role that the “agricultural ladder” or “phased entry” plays in attracting and retaining young and new blood to the farming sector. Peter Cook’s Getting New Talent into the Industry – A Guide to Methods for a Phased Entry into Farming suggests that a system whereby progression from incentivised employment contracts, to share farming and contract farming, then into tenancies or equity arrangements and business partnerships would help create a progression route which the current tenure and landownership system does not enable. The options available to potential entrants and landowners identified by Peter Cook’s report are as follows.
Owner
Situation: Farming actively, but need a motivated workforce to develop the business
Best option: Incentivised employment contracts.
Situation: Want to expand or specialist, but need to bring in motivated management expertise, new skills and capital
Best options: Equity arrangements and Partnerships, including Limited Liability Partnerships.
Situation: Don’t want to farm at all, want minimal day to day involvement and legal clarity
Best options: SLDT or LDT.
Situation: Want to be actively involved in a growing farming business, but lack expertise, time or fitness
Best option: Share farming.
Situation: Want a level of control at farming policy level and a relatively fixed income, but don’t want day to day involvement
Best option: Contract Farming Agreement.
Situation: Face short term decisions and uncertainty over policy direction, but want to maximise returns in the meantime
Best option: Annual lets.
Prospective farmer
Situation: Little capital, experience or track record
Best options: Employment and incentivised employment contracts.
Situation: Well established track record and significant capital
Best options: Formal tenancies or equity arrangements / partnerships.
Situation: Good technical and some business track record and experience, plus accumulated some capital
Best option: Share farming.
Situation: Good expertise in one area of farming, plus track record and machinery (such as through contracting) or access to buildings
Best options: Contract farming agreements or contract growing.
Situation: Some capital, but little experience and track record
Best option: Annual lets.
Source: Getting New Talent into the Industry – A Guide to Methods for a Phased Entry into Farming