Dairy cows in a field© Tim Scrivener
Dairy farmers saw the biggest drop in farm business income during 2015/16, with plummeting farmgate prices pushing a quarter of milk producers into a loss-making situation, according to statistics released by the Welsh government. Farm business income figures show that the average business income for all farm types in Wales was down 23% to £22,200, because of falls in commodity prices and a drop in the value of the basic payment. However, average dairy incomes fell by more than half […]
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