With record numbers of farm businesses in farming schemes and the sustainable farming budget successfully allocated, yesterday the Government stopped accepting new applications for the sustainable farming incentive (SFI24).
Our environmental land management schemes will remain in place, including SFI, and there will be a new and improved SFI offer with more information in summer 2025.
Every penny in all existing SFI24 agreements will be paid to farmers, and outstanding eligible applications that have been submitted will also be taken forward.
Our vision is for a sector with food production at its core because food security is national security. We want farm businesses to be more resilient to shocks and disruption, and an agricultural sector that recognises restoring nature is not in competition with sustainable food production but is essential to it.
By pursuing these principles, we will support farm businesses to be more profitable, addressing the underlying problem that some farmers do not make enough money for the hard work they put in.
This Government inherited farming schemes which were underspent, meaning millions of pounds were not going to farming businesses. This Government are proud to have secured the largest budget for sustainable food production in our country’s history, with £5 billion over a two-year period to sustainable farming and nature recovery.
We have left no stone unturned in our determination to get farmers into our environmental land management schemes. As a result, we now have a record number of farmers in these schemes with more than 50,000 farm businesses and more than half of all farmed land now being managed under our schemes.