Roger Parry & Partners

Brexit - Food for thought

Published on 12-01-2017 by Awel Morris

Roger Parry talks about Brexit

A note on some of the implications of Brexit by Roger Parry

The main issue, as far as I can see, is between access to the EU single trading market and the control of immigration.

So what is relevant to agriculture?

Advantages include:

1. Devaluation of the pound has given an increase in commodity prices, increased BPS payments and made our exports more competitive, especially the lamb market.

2. The opportunity to produce more home-grown food.

Disadvantages include:

1. Imported goods dearer (machinery, food etc.), risk of inflation, uncertainty of foreign labour availability (20% of agri industry workers are currently foreign).

2. Bureaucracy is unlikely to change as it provides employment, although it adds costs to business.

3. Uncertainty over BPS, or its equivalent long term, and therefore the effects on agricultural incomes and furthermore land prices and rents.

The UK is also a large market for the 27 European Union countries, so we hope our negotiators over Brexit can achieve good results for UK agriculture – a case of political brinkmanship needed!

It is unlikely that there will be complete agreement within the two years of activating Article 50, so interim agreements are probable.

Shrewsbury Residential Office

Shrewsbury Residential Office

Welsh Bridge
Frankwell
Shrewsbury
SY3 8LG

01743 343 343

shrewsbury@rogerparry.net

Shrewsbury Agricultural & Professional Office

Shrewsbury Agricultural & Professional Office

Hogstow Hall
Minsterley
Shrewsbury
SY5 0HZ

01743 791 336

mail@rogerparry.net

Oswestry Office

Oswestry Office

The Estates Office
20 Salop Road
Oswestry
SY11 2NU

01691 655 334

oswestry@rogerparry.net

Welshpool Office

Welshpool Office

1 Berriew Street
Welshpool
Powys
SY21 7SQ

01938 554 499

welshpool@rogerparry.net

Llanidloes Office

Llanidloes Office

1 Great Oak Street
Llanidloes
Powys
SY18 6EQ

01686 449 222

llanidloes@rogerparry.net