Total farm income profitability decreases by more than £1 billion

Defra's latest figures revealed large decreases in crop outputs, poor yields and high global costs from the war in Ukraine had driven a 19% drop in farming profitability in England between 2022 and 2023

clock • 2 min read
"While farmers are well used to dealing with variation year on year, the volatility we have seen in the last few years is not sustainable. Food security is national security, and that's why we need the new Government to be prioritising food production in its policy-making."
Image:

"While farmers are well used to dealing with variation year on year, the volatility we have seen in the last few years is not sustainable. Food security is national security, and that's why we need the new Government to be prioritising food production in its policy-making."

Total farm income profitability fell by more than £1 billion according to latest figures from Defra. The Government body said large decreases in crop outputs, poor yields and high global costs from...

To continue reading...

Already a member? Login for full access.

Login

New to Farmers Guardian? Register for 1 free article per week or become a member for unlimited access to essential farming news and insights.

article-img-580x358

 

2023 John Deere 6R185 Command Pro 50K

2023 John Deere 6R185 Command Pro 50K

VIEW ADVERT
£POA

2021 John Deere 6155R Ultimate Edition Command Pro

2021 John Deere 6155R Ultimate Edition Command

VIEW ADVERT
£POA

2021 John Deere 6155R 50k Autoquad

2021 John Deere 6155R 50k Autoquad

VIEW ADVERT
£POA

More on Farm Business

FSA given powers to execute search warrants in crackdown on food crime

FSA given powers to execute search warrants in crackdown on food crime

Body says the measures will help to protect consumers and businesses from increased fraud

clock 01 May 2025 • 2 min read
Latest milk prices for dairy farmers

Latest milk prices for dairy farmers

Arla holds May price whilst First Milk announces a June price drop

clock 01 May 2025 • 26 min read
Sussex abattoir saved from closure but facilities need long-term funding to 'survive and thrive'

Sussex abattoir saved from closure but facilities need long-term funding to 'survive and thrive'

Horsham MP John Milne said Gov needs to recognise the importance of abattoirs as 'critical local infrastructure' for farmers and rural communities

clock 30 April 2025 • 4 min read