New guidance from the Scottish Land Commission on joint ventures with new entrants to the agricultural sector aims to demonstrate the many options that are available in Scotland to support the sector in becoming more vibrant, resilient and productive.
The Commission is hosting a panel discussion at the Royal Highland Show to discuss a range of options to increase land availability for new entrants that are likely to increase the productivity and sustainability of the sector. It coincides with publication of A Guide to Joint Ventures with New Entrants which provides information on types of joint ventures including share farming, contracting, partnerships, tenancies and short-term leasing/licensing.
The Tenant Farming Commissioner, Dr Bob McIntosh said:
“We have worked with partners to provide a useful overview of alternative business models for existing farmers. They are options which might address a range of personal, financial and social motivations that demonstrate to farmers the opportunities of extending their business interests into a joint venture with a new entrant.
“They are not simply business opportunities but can also provide a pathway to the gradual planning for retirement or succession. We are encouraging anyone who is looking at their future business structure to pick up the guide, meet with myself or our partners or visit our stand.”
The panel discussion, chaired by Dr McIntosh, takes place on Friday June 22 at the James Hutton Institute stand, Avenue Q, between 12-1pm. The panel includes Jeremy Moody, Secretary and Adviser of the Central Association of Agricultural Valuers (CAAV); Sarah Allison, NFUS Next Generation Vice Chair; Alison Rickett, Fresh Start & James Hutton Institute and Tom Johnston, NFUS NE Tenant Farming working group.
The guidance is intended particularly for those who:
- Are seeking to move towards retirement or scale-back their active farming operations.
- Face barriers to succession planning or retirement due to financial or familial uncertainties.
- Wish to retain their land asset but ensure that the land is used productively.
- Wish to pass on their experience and support a new generation of farmers/land managers.
- Are looking for new business opportunities or to engage someone with particular skills or knowledge.
The Scottish Land Commission also has its own stand at the Show on 4th Avenue. Chairman, Andrew Thin will attend the show on Thursday and Friday and the Tenant Farming Commissioner, Dr McIntosh will also be there on Friday. Landlords or tenants who wish to speak to the TFC in private can book an appointment to meet with Dr McIntosh on Friday between 11am and 3pm.