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

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

 

Used Vicon / Kubota TE6576

Used Vicon / Kubota TE6576

VIEW ADVERT
£POA

2020 Kubota TE6576 Six Rotor Tedder

2020 Kubota TE6576 Six Rotor Tedder

VIEW ADVERT
£POA

2019, JCB 18-Z1 MINI EXCAVATOR

2019, JCB 18-Z1 MINI EXCAVATOR

VIEW ADVERT
£POA

More on Politics

100 days of Trump: what has his presidency meant for farming?

100 days of Trump: what has his presidency meant for farming?

April 30 marks 100 days since President Trump's inaugeration with his presidency causing ripples for agriculture in the US, UK and around the globe

clock 28 April 2025 • 3 min read
British farmers have 'nothing to fear' over potential US-UK chlorine chicken deal, Nigel Farage says

British farmers have 'nothing to fear' over potential US-UK chlorine chicken deal, Nigel Farage says

Mr Farage said he wants to promote British farming as a 'high-end product', but he has continued to advocate for a trade deal with US President Donald Trump involving imports of lower welfare farming

clock 26 April 2025 • 4 min read
NFUS urges Chancellor to pause IHT changes until profitability review is complete

NFUS urges Chancellor to pause IHT changes until profitability review is complete

President welcomes Baroness Minette Batters' appointment but says Budget plans 'undermine its credibility'

clock 26 April 2025 • 2 min read