The UK's Premier Agricultural Machinery and Technology Show

20–21 January 2027, NEC, Birmingham

Event Details

Welsh farm incomes drop 34% in face of 'real challenges' for farmers

Dairy incomes for the period April 2023-March 2024 plummeted 59% as milk prices dropped, according to Welsh Government figures

Alex Black
Deputy Editor
clock • 2 min read
Farmers' Union of Wales deputy president Dai Miles said the figures demonstrated the ‘economic reality' of trying to maintain profitability against a backdrop of increasing costs and red tape.
Image:

Farmers' Union of Wales deputy president Dai Miles said the figures demonstrated the ‘economic reality' of trying to maintain profitability against a backdrop of increasing costs and red tape.

A drop in incomes on Welsh farms highlights the ‘real challenges facing farmers' and why farmer confidence is lacking, according to NFU Cymru. According to figures released by the Welsh Government for...

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
Register for free Join Now

 

More on Farm Business

UFU takes final Budget message to Westminster
Farm Business

UFU takes final Budget message to Westminster

The UFU has made a final attempt to get the voice of farmers heard ahead of the Chancellors Budget tomorrow (October 28)

Mia Willemsen
Mia Willemsen
clock 27 October 2026 • 3 min read
Budget 2026: How might IHT changes impact the farmland market?
Farm Business

Budget 2026: How might IHT changes impact the farmland market?

Charlie Bryant, land valuer and auctioneer at Brown & Co, discusses how potential tax changes could disrupt land values

Farmers Guardian
Farmers Guardian
clock 25 October 2026 • 2 min read
'The Budget is the Government's last chance to reset its relationship with rural'
Farm Business

'The Budget is the Government's last chance to reset its relationship with rural'

Katie Talbot, consultant at international law company Charles Russell Speechlys, considers how Labour tax strategies will impact the future of farming

Katie Talbot
clock 24 October 2026 • 3 min read