Mr Handley was presented the award on Thursday (10 May) at Buckingham Palace by Princess Anne.
Mr Handley farms in partnership with his wife, Marilyn, on a 290 acre unit carrying 100 pedigree Jerseys based at Monmouth, in south Wales.
So far, he has dedicated almost 10 years to campaigning for better milk prices for dairy farmers.
“We were driven to launch FFA in 2000,” he said. “Our dairy farming business, along with others’, was going through a tough time in the late 1990’s because, unlike pricing policy for some commodities, milk was and continues to be completely out our control.
“We were determined not to be driven out of business by processors and retailers who were taking a disproportionate amount of profit margin.”
RABDF chairman, Lyndon Edwards said: “David Handley has given outstanding service to the dairy industry.
“His persistent campaigning has raised the plight of dairy farmers more than any other individual to the general public.
“He is passionate, focused, and charismatic and has played a significant role in negotiations between farmers, processors and retailers. He is a worthy winner.”