COVID challenges: getting to grips with farming accounts 19 February 2021: David Missen, a member of ICAEW’s Farming and Rural Business Community, provides insights into recent developments in the sector, including the impact of COVID-19, as well as outlining some of the fundamentals of farming accounts.
Farming has not been as negatively affected by the pandemic as some other sectors, according to David Missen, a consultant at MHA Larking Gowen who specialises in agriculture and associated private client work.
Nevertheless, some sub-sectors will have felt the impact more keenly and ways of working have had to be adapted.
The impact of COVID-19
The tech-focused future for sustainable farming 11 January 2021: Agriculture needs to drastically change if it’s to feed the world’s population. Agritech businesses are trying to find the answers.
There is an urgent need across the globe for more sustainable food systems. In many areas, food systems are operating beyond acceptable environmental and resource boundaries. As demand for food grows, agriculture production cannot continue business as usual.
Food production is also under increasing scrutiny from the value chain, policymakers and associated stakeholders, explains David Nickell, VP of sustainability and business solutions for DSM Animal Health and Nutrition. “Consumers are increasingly concerned about the sustainability of their diets, which is leading to shifts in food choice in many parts of the world. Sustainability is very high on the agenda of the food value chain and is shaping what and how food is produced, marketed and sold.”