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.
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