Government figures highlight farming incomes slump

03 March 1998

Government figures highlight farming incomes slump

NEW government figures show farm incomes are continuing to fall with provisional statistics showing dairy farmers net incomes for 1997-1998 are likely to be about £19,100 compared with £30,300 the previous year.

Cereal farmers suffered the biggest slump with incomes down from £40,500 to £24,900. Hill farmers saw their incomes fall from £18,700 to £12,200.