18 February 1998
Scots dairy farming incomes expected to halve
By Press Association
THE income of Scottish dairy farmers is expected to fall by more than 50% over the next financial year, the Government said last night.
Scottish Agricultural Minister Calum Macdonald said in a Commons written reply that Scottish dairy farmers earned an average of £30,000 per farm in 1996-97.
This was expected to fall to an average of £14,400 per farm in 1997-98 according to a figures from the Annual Survey of Farm Accounts in Scotland.
Mr Macdonald did not give a reason for the expected income drop but a Scottish Office spokesman said it could be explained almost entirely by a forecast drop in milk prices.
The spokesman stressed that the income figure was not the same as wages but represented a whole range of factors including property prices and subsidies.