In its 2023 Rural Crime Report the insurer revealed that rural crime cost the UK an estimated £49.5m in 2022, up from £40.5m the previous year.
The rise comes against a background of soaring values and the low supply of farm machinery worldwide. Criminal gangs have responded by establishing illicit global markets for farm machinery and technology equipment.
As a result, the UK cost of agricultural vehicle theft reported to NFU Mutual soared by 29% to £11.7m in 2022.
A survey of 175 NFU Mutual agents, who are based in rural communities across the UK, found 70% knew farmers who had been repeat victims of rural crime. And 86% said thieves are cashing in on the limited supply of vehicles and rising prices.
NFU Vice President David Exwood said: “As the NFU Mutual’s report highlights, over the past 18 months, highly organised gangs of criminals have continued to plague the British countryside, stealing livestock, high-value farm machinery and expensive GPS equipment, as well as trespassing on private land and regularly fly-tipping tons of rubbish.
“The huge increase we’ve seen in criminal activity is significantly impacting farm businesses and farming families both financially and emotionally, with many rural communities left feeling vulnerable and intimidated.
“All at a time when the industry is facing numerous other pressures, not least soaring production costs.”
