■ Our Agricultural Rent Survey shows that in England and Wales the rate of growth in agricultural rents to 31 October 2015 continued to slow, a trend first highlighted in 2012.

■ The reduced rate of rental growth combined with a reduced volume of reviews are the consequence of pressure on farm profits.

■ Competitive open market tenders continue to deliver the highest increase relative to the previous letting, however, enthusiasm for exceptionally high FBT tender rents has been tempered.