Scottish farm incomes fall by more than 50% for 2023/24 financial year

Scottish Government said farm incomes were at their 'lowest level' since 2020

Chris Brayford
clock • 4 min read
Farmers' incomes experienced a 51% decline from the previous year, with producers earning an average income of £35,500.
Image:

Farmers' incomes experienced a 51% decline from the previous year, with producers earning an average income of £35,500.

Average farm incomes in Scotland have fallen by more than 50%, placing pressure on the profitability of Scottish farmers and crofters. Scottish Government released data from its 2023 to 2024 Farm Business...

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 Politics

Letter: As the High Court Hearing on the proposed changes to IHT approaches, the lead claimant says "the story must be what happens inside the courtroom"
Politics

Letter: As the High Court Hearing on the proposed changes to IHT approaches, the lead claimant says "the story must be what happens inside the courtroom"

Tom Martin, the lead claimant, has asked that those arriving in London to support the hearing do not bring tractors, horns or inflammatory banners

Tom Martin
clock 07 March 2026 • 1 min read
Labour restores whip to family farm tax rebel
Politics

Labour restores whip to family farm tax rebel

Should Penrith and Solway MP Markus Campbell-Savours have had the whip removed in the first place?

Chris Brayford
Chris Brayford
clock 06 March 2026 • 2 min read
From the editor: A corner turned but storm clouds could still gather
Politics

From the editor: A corner turned but storm clouds could still gather

This week from Farmers Guardian editor Katie Jones

Katie Jones
Katie Jones
clock 05 March 2026 • 2 min read