UK: Drop in profits could force farmers off the land - report
A new report paints a bleak portrait for the future of farming in the UK, with many more farmers likely to be forced to quit farming as profits continue to plummet. A survey of more than 180 accountants working in the agriculture sector shows profits down by a fifth in five years. A poll of 244 farmers working the largest farms in England and Wales shows 60% already trying to leave farming as it becomes financially unviable. With farms traditionally handed down through families, many children are balking at the prospect of taking on money-losing farms and seeking employment elsewhere.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 17 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- General Mills sales woes continue - analysis
- Comment: Meal kits in US - don't believe the hype
- Why personalisation will take-off in US food
- US food next wave on display at Winter Fancy Food
- Analysis: Chocolate sector's deforestation pledge
- UK own-label firm Park Cakes sold in MBO
- Kraft Heinz cuts jobs in US, Canada
- Immigration crackdown "risk" for US dairy industry
- Fonterra cuts earnings forecast
- Unilever 'lining up spreads sale'