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Survey reveals financial impact on farming

Cynergy Bank’s latest Business Births and Deaths Index highlights the contraction of the agricultural sector. It reports farm closures have outpaced new openings since Q2 2021, resulting in a net…

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New precision tech from PTx Trimble

PTx Trimble used Agritechnica to launch a range of precision farming and automation systems. OutRun retrofit technology, currently compatible with John Deere 8R machines with the…

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Survey reveals financial impact on farming

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Cynergy Bank’s latest Business Births and Deaths Index highlights the contraction of the agricultural sector. It reports farm closures have outpaced new openings since Q2 2021, resulting in a net loss of 9,925 farms over that period. Between July and September 2025, only 775 new agricultural businesses were established, compared with 1,360 closures, giving the sector a Cynergy Bank Business Health Score of 0.57, a score of 1.0 indicating no change. It is the lowest score of any UK industry. In practical terms, for every 10 farms closing, fewer than six are being replaced. The bank notes the rate of…