GRASS PARK LETS
The letting of seasonal grazings has proved to be a constantly enlarging part of our business. Since the advent of the Single Farm Payment it has become imperative that the owner knows and has references for their prospective grazier. Thus they do not compromise the Good Agricultural and Environmental Condition (GAEC) element of their SFP.
We have pioneered a Written Tender method of Seasonal Grass Park Lets. Model contracts have been written into which the client’s particular needs are accommodated. These areas include the period required to be grazed; whether the proprietor intends to offer a looking service or not; whether sheep and/or cattle are grazed; any environmental restrictions or exclusions; whether the proprietor wants to retain grazing for a few horses etc, etc.
The Parks are then advertised in local and national press and on our web-site and tenders are then invited. Comprehensive details and tender forms are published on this web page where prospective takers can download and view the Parks. The lettings take place most Wednesdays from the end of February to mid April. The proprietor is informed on his let day who and what has been tendered for their fields and then has the opportunity to select from the offers who he wishes to be his grazier. By this method we can maximise the publicity for your grass but unlike an Auction the owner can select his grazier.
GRASS PARK LETS 2010
Border Livestock Exchange Ltd, this week completed their Grass Park Lets for 2010. A total of 6,868 acres of Grass Parks have been successfully let. This makes us by far the Premier Agents for Seasonal Grazing Lets in Northumberland and the Scottish Borders.
All the Parks were let by Written Tender throughout March. Unprecedented interest was expressed in all Parks, established and recently to let. Some Parks received up to 12 offers per lot. This system of letting allows The Owner to use his prerogative and choose The Grazier. Hence he ensures maximum publicity for his Parks while safeguarding his SFP because he has ensured The Grazier will adhere to GAEC .
Rises of 7.46% were realised for the 4,320 acres of In-bye and Marginal Grass. The Hill Land equalled last year. Looked Parks with mixed grazing were particularly easy to let. Some lots were up 98% on the year and topped out at £118 per acre at The Mead, Haggerston; £109 per acre at Embleton Mill (sheep only, unlooked); £102 per acre Lennel Hill, Coldstream; £100 per acre Norham West Mains (all these quoted Parks are permanent grasses).
Updated Wednesday 31st March 2010
