51AVÊÓÆµ

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.

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

Ìý

More on 51AVÊÓÆµBusiness

New £21.5m funding offered to boost farm innovation

New £21.5m funding offered to boost farm innovation

Defra says support will move cutting-edge research into practical tools farmers can use

clock 31 January 2026 • 2 min read
Tesco credits fresh food offer for bumper Christmas sales success

Tesco credits fresh food offer for bumper Christmas sales success

Retailer says full year profits expected to hit almost £3.bn

clock 30 January 2026 • 2 min read
Latest milk prices for dairy farmers: Muller confirms 34.5ppl March farmgate milk price

Latest milk prices for dairy farmers: Muller confirms 34.5ppl March farmgate milk price

Arla also drops conventional milk price for February by 1.75ppl to 33.98ppl

clock 30 January 2026 • 40 min read