Farm incomes fell by 10% in 2023 Defra figures show

Total farm incomes fell by £800m in 2023, according to the latest figures from Defra, representing a 10% drop on the previous year.   Across the UK, farm incomes totalled £7.2bn last year, down from £8bn in 2022.   According to Defra, lower commodity prices were a large driver of the drop, as well as reduced cropping … Continue reading Farm incomes fell by 10% in 2023 Defra figures show