2016 Reflections

2016 has been a year of changes and shocks in a number of ways. The most fundamental of which is the vote in June to leave Europe.

We still have many unknowns as a result but planning for how this will impact on your business can start now to ensure you are best placed to ideally cope with the change.

The announcement of the route for HS2B whilst expected to have an impact on Cheshire, the final preferred route when announced was different in a number of places to what was previously expected and this has led to a major impact on a number of Cheshire dairy farmers.

So what will we see in 2017 writes Tony Rimmer, Director of Rostons, the one thing I have learnt over the last 20 years of professional practise, is to expect the unexpected and plan for the worst.

We will hopefully see the continued strengthening of the commodity markets, leading to improved returns of both arable and dairy farms. Disputes in BPS payments will probably continue whilst the exchange rate stays as current and therefore, this honeymoon period pre Brexit should be used to ensure your business is set up to deal with the drop in support income that will no doubt follow post Brexit.

Land values remain cautious, I do not believe we have seen a drop in values more a cautious attitude and actually often those parcels of land that are quoted as being an example of a drop in values would not have made any more when we were at the so called peak of the market.

We will see more activity in Cheshire, relating to renewables and energy generation whether that is construction of AD plants, energy storage barns or fracking. It is likely there will be more activity and demands on land in areas that are suited for any of these types of projects.

The Rostons business has settled into a good strong team following the recent changes over the last 12 months and I and my team, remain committed to assisting farmers and land owners throughout Cheshire, North Wales and adjoining Counties wherever possible.

We pride ourselves on providing efficient and prompt service and also fighting to get the best possible result in whatever type of circumstance for you, our clients. We know we are only as good as our last job and without you as clients, we do not have a business.

Can I wish you all a very merry Christmas and a prosperous New Year and if you take one thing away from this email, I would ask that you take the time to reflect on your business and consider whether any changes need to be made to ensure you are best placed to continue to prosper over the next few years and post Brexit.

Merry Christmas!

Tony Rimmer