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

 

NEW POTTINGER 6.61 HIT TEDDER

NEW POTTINGER 6.61 HIT TEDDER

VIEW ADVERT
£POA

NEW POTTINGER 8.81 HIT TEDDER

NEW POTTINGER 8.81 HIT TEDDER

VIEW ADVERT
£POA

POTTINGER NEW 6.69 HIT TEDDER

POTTINGER NEW 6.69 HIT TEDDER

VIEW ADVERT
£POA

More on Farm Business

Tesco sales growth boosted by fresh food

Tesco sales growth boosted by fresh food

The supermarket giant has increased its market share in the first quarter

Alex Black
clock 15 June 2025 • 1 min read
Prince of Wales unveils his vision for Dartmoor

Prince of Wales unveils his vision for Dartmoor

Twenty-year roadmap sets out plan to protect nature, farming and the climate

clock 13 June 2025 • 2 min read
Estates need to offer more than just pay rises to attract staff

Estates need to offer more than just pay rises to attract staff

New report reveals rural recruitment and retention challenges

clock 13 June 2025 • 2 min read