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

War in Iran: MPs told continued shocks will further undermine farm confidence

War in Iran: MPs told continued shocks will further undermine farm confidence

Instability stifling investment as no sign of end to conflict in Middle East

clock 23 April 2026 • 2 min read
Funding available for organic and agroecological farmers

Funding available for organic and agroecological farmers

The Dean Organic Fund offers interest free loans for 2 to 5 years for organic or ecological farmers, producers and food businesses

clock 23 April 2026 • 1 min read
Aldi set to invest over £1bn in British egg supplies

Aldi set to invest over £1bn in British egg supplies

The supermarket aims to secure at least 50% of its domestic produce supply through long-term agreements by the end of 2027

clock 23 April 2026 • 1 min read