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
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

One of UK's oldest John Deere dealers announces Christmas Eve closure for Llanllwni depot
Farm Business

One of UK's oldest John Deere dealers announces Christmas Eve closure for Llanllwni depot

Is this a sign of the IHT effect or an industry which has been struggling to cope with rising business costs and low sales returns for years?

Chris Brayford
Chris Brayford
clock 01 December 2025 • 2 min read
Welsh farmers left 'high and dry' on PDR
Farm Business

Welsh farmers left 'high and dry' on PDR

Four years on from a Welsh Government consultation and there is still no word on Permitted Development Rights (PDR)

Alex Black
Alex Black
clock 30 November 2025 • 1 min read
British egg producers urge fair trade rules as Ukrainian imports surge
Farm Business

British egg producers urge fair trade rules as Ukrainian imports surge

A significant increase in Ukrainian egg imports has prompted a joint letter from industry bodies stressing the need for imported egg products to meet welfare and production standards equivalent to those required of UK producers

Mia Willemsen
clock 29 November 2025 • 2 min read