NFU Cymru president Aled Jones said 'around £340 million should be forthcoming from the Treasury block grant to Welsh Government for agricultural support'
In response to Chancellor Rachel Reeves' Budget which has left many small family farms feeling uncertain about their future, national agricultural publication Farmers Guardian has launched a new campaign to back Britain's family farms
Sarah Baker, AHDB head of economics, said: "These changes may encourage farmers to think about succession earlier than they would otherwise. For example, there is a seven-year rule which applies in the case of land transfers. This means that any land gifted to an individual will be free of inheritance tax after seven years."
Industry experts start to unpick what the changes to Inheritance Tax (IHT) reliefs mean for the farming sector
AHDB economics and analysis director David Eudall warned the industry was at a 'tipping point of how effective the Budget can be' in balancing food security, supporting farm efficiency, and delivering environmental benefits
The Farmers Guardian news team give their analysis of the Chancellor's Budget
What do you think of Labour's budget? How does it impact your farm? Share your reaction with us
The CLA is asking farmers and rural businesses to sign a letter which will be forwarded to MPs
Dorset organic dairy farmer Sophie Gregory said she wished the report had focused more on the 'link between farming and food' and the need for food and farming on the national curriculum
This week from Farmers Guardian editor Olivia Midgley