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

Chris Brayford
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

 

More on Farm Business

New £21.5m funding offered to boost farm innovation

New £21.5m funding offered to boost farm innovation

Defra says support will move cutting-edge research into practical tools farmers can use

clock 31 January 2026 • 2 min read
Tesco credits fresh food offer for bumper Christmas sales success

Tesco credits fresh food offer for bumper Christmas sales success

Retailer says full year profits expected to hit almost £3.bn

clock 30 January 2026 • 2 min read
Latest milk prices for dairy farmers: Muller confirms 34.5ppl March farmgate milk price

Latest milk prices for dairy farmers: Muller confirms 34.5ppl March farmgate milk price

Arla also drops conventional milk price for February by 1.75ppl to 33.98ppl

clock 30 January 2026 • 40 min read