Agriculture: Finance
Lords · Question HL1825 · Tabled 8 Jul 2026 · Department for Environment, Food and Rural Affairs · Official record
Answered 15 Jul 2026
Question
Asked by Lord McCrea of Magherafelt and Cookstown
To ask His Majesty's Government what steps they are taking to support (1) farmers in relation to increased costs deriving from the Iran war, and (2) the long-term financial sustainability of farm businesses.
Answer
Answered by Baroness Hayman of Ullock, 15 Jul 2026
Defra is actively monitoring developments in the Middle East and the impacts on food and farming sectors. Measures have been taken to improve market transparency, promote advice, tools and guidance, and we have consulted on temporary suspension of tariffs...