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Impact calculator helps industry prepare for Brexit

9 July 2018

A new online calculator has been launched this week which will allow farmers and growers to see for the first time how they may be affected by potential Brexit scenarios.

It’s part of a wider suite of practical business tools unveiled by the Agriculture and Horticulture Development Board (AHDB) to help farmers and growers review their business performance and remain fit for the future.

The Brexit Impact Calculator allows individuals to input their own data and see what effects the different Brexit scenarios might have on their business.

“Tremendous uncertainty still surrounds the outcome of Brexit negotiations,” said AHDB Chief Strategy Officer Tom Hind. “Nonetheless we believe it’s important that businesses make conscious, proactive and strategic decisions to be fit for the future.

“Last year, we analysed how a range of Brexit scenarios could impact on different farming sectors. Feedback from farmers and growers has indicated that many are unsure how the different scenarios might affect them, so we have now produced a tool to help them better understand what Brexit could mean for their bottom line.”

The calculator is just part of a wider tool list which looks at five key areas of the business covering topics, from being efficient with resources to financial management and planning for the future. The five areas are;

  • Review of farm business
  • Profit and performance
  • Brexit scenario planning
  • Individual farm performance – technical change
  • Getting the most from the marketplace.

The online toolkit also features a resilience check list which uses questions to identify areas of the business that may benefit from additional attention to ensure it is sustainable after Brexit.

The Brexit Impact Calculator can be found at https://bic.ahdb.org.uk and the wider toolkit is available at https://ahdb.org.uk/brexit/brexit-toolkit.aspx

- Ends –

Notes to editors

AHDB is a statutory levy board, funded by farmers, growers and others in the supply chain. Our purpose is to inspire our farmers, growers and industry to succeed in a rapidly changing world. We equip the industry with easy to use, practical know-how which they can apply straight away to make better decisions and improve their performance. Established in 2008 and classified as a Non-Departmental Public Body, it supports the following industries: meat and livestock (cattle, sheep and pigs) in England; horticulture, milk and potatoes in Great Britain; and cereals and oilseeds in the UK. AHDB’s remit covers 72 per cent of total UK agricultural output. Further information on AHDB can be found at www.ahdb.org.uk

Contact

For further information contact Jenny Waddington, AHDB Media & PR Manager on 024 7647 8910 or jenny.waddington@ahdb.org.uk

@TheAHDB

www.ahdb.org.uk

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