Continuing to support young farmers
Hear from Head of Agriculture and Renewable Energy Ian Burrow on the importance of young farmers and how the bank is continuing to support them through its partnership with the National Federation of Young Farmers Clubs.
21 September 2017
This week is Young Farmers’ Week, run by the National Federation of Young Farmers Clubs (NFYFC). At the bank we all know how important farming is to our economy and food security, and young farmers play a huge role in that. Following our report earlier this year on some of the challenges facing millennial farmers, we’re continuing to step up the support we offer to the next generation of farmers.
Brexit, developments in technology and succession planning continue to be key issues in the sector and we are committed to supporting young farmers across the country. One of the ways we do that is through our longstanding support of the NFYFC. Our partnership with the federation sees us work alongside them to deliver a host of business specific training to members across the country.
Our training with club treasurers is helping young people learn budgeting and accountancy skills that will help them in their future careers and lives – whatever their chosen profession. Sessions cover basic skills including business management - from making a business plan and managing cash, to tenancy training. And they’re all delivered by managers from our dedicated Agriculture Team.
This year’s Young Farmers’ Week is focused on all the benefits members get from being a Young Farmers’ Club member and how the skills and networking opportunities last a lifetime.
For brothers Aled and Iwan Evans, investing in technology is important in making their Carmarthen farm fit for the future, and having a dedicated relationship manager helps them act quickly on their growth plans.