Agriculture: Finance

(asked on 17th March 2025) - View Source

Question to the Department for Environment, Food and Rural Affairs:

To ask the Secretary of State for Environment, Food and Rural Affairs, with reference to his Department's blog post entitled Update on the farming budget, published on 12 March 2025, whether the £2.4 billion budget for the 2025-26 financial year will be used for farming; whether the split between budget lines is subject to change; and whether any other factors might affect the size of the budget.


Answered by
Daniel Zeichner Portrait
Daniel Zeichner
Minister of State (Department for Environment, Food and Rural Affairs)
This question was answered on 25th March 2025

We remain committed to investing £5 billion of funding in the farming budget this year and next (£2.6 billion for 24/25 and the £2.4 billion for 25/26, as previously announced), are on track to deliver that having responded to a number of demands in year.

We monitor forecasts against the current year budget on an ongoing basis and respond accordingly to maximise the amount that can be delivered. Furthermore, we have a full understanding of commitments into future years arising from multi-annual agreements. We monitor the uptake of our demand led schemes which have a budgetary impact on future years (such as SFI) on a regular basis, increasing the frequency of this as the level of commitment approaches the budget available in future years.

The farming blog published on Wednesday 12 March set out Defra’s spend over the next two years (24/25 and 25/26). These are not ring-fenced figures and have the potential to change. Defra manages the farming budget flexibly to respond to demand, and achieve our intended outcomes for farm productivity, environment, climate and animal health and welfare

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