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

 

More on Farm Business

NFU demands planning system overhaul as it launches #LoveBritishChicken campaign

NFU demands planning system overhaul as it launches #LoveBritishChicken campaign

More than 1,000 new sheds need to be built to keep up with demand, says union

clock 25 May 2026 • 2 min read
John Deere named on list of UK's top 15 employers of veterans

John Deere named on list of UK's top 15 employers of veterans

The achievement reflects the success of its Military Hiring Programme, which continues to offer veterans careers as technicians in agriculture and professional turfcare

clock 24 May 2026 • 3 min read
Lack of faith in the Government is a key driver in low feelings among the farming community, survey finds

Lack of faith in the Government is a key driver in low feelings among the farming community, survey finds

A new Farmers Guardian survey has highlighted farmers' frustration with Government farming policy affecting investment

clock 24 May 2026 • 4 min read