Martin Vander Weyer says, unhelpfully and inaccurately, that subsidies ‘absurdly’ favour bigger farms. As we look towards life after Brexit, instead of debating the merits of small vs large, the government should incentivise good rather than bad.
My family’s farming business, Beeswax Dyson Farming, farms 33,000 acres directly and has invested £75 million in technology, training, soil improvement and environmental stewardship over the past five years. These are hardly the acts of a mere ‘wealthy landowner’, in his dismissive parlance. Subsidies we receive go directly into the activities that they are designed to support but are dwarfed by our own investments. Farmers in the EU receive substantial subsidies. Unsurprisingly, British supermarkets source roughly a third of their supplies from cheaper, subsidised EU farms.
If Britain wants an internationally competitive agricultural sector, rather than a domestic theme park, we must encourage investment in innovation and stewardship. Removing subsidies from efficient farms simply because they are large would remove their incentive to invest at scale. This will hurt the farming industry and the British economy as we become increasingly uncompetitive against our EU counterparts. Large, well-run farming businesses are good for consumers, for jobs and for the countryside; they should be encouraged just as much as smaller farms.
This letter was originally published in this week’s Spectator
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