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Hops: Finance

Question for Department for Environment, Food and Rural Affairs

UIN 10612, tabled on 4 June 2021

To ask the Secretary of State for Environment, Food and Rural Affairs, what plans he has to incentivise and support investment in the UK’s hop sector; and if he will make a statement.

Answered on

14 June 2021

The UK has a proud hop-growing tradition, with the climate, soils and the entrepreneurial farmers and growers that enable us to produce the highest quality hops, with a wide selection of traditional and new varieties. We want to encourage a thriving and competitive farming sector where all farms, including those growing hops, can be profitable and economically sustainable. There is a huge opportunity for UK agriculture to improve its competitiveness – developing the next generation of food and farming technology, adopting the latest techniques and investing in skills and equipment.

From autumn 2021, we will open the new Farming Investment Fund which will provide grants to farmers, foresters and growers (including contractors to these sectors) so that they can invest in the equipment, technology and infrastructure that will improve their productivity and deliver environmental and other public benefits. This will help businesses to prosper while enhancing the environment. We are also working closely with the British Hops Association on mitigating the impacts of the Covid-19 pandemic on the industry.