'Staggering' decline in UK farm profitability sees hill farmers averaging just £6,400 a year
The decline was attributed to a combination of higher production around the world, subdued demand due to slowing economies, the strength of sterling in 2015, and more than 24 months of falling farmgate prices across the sectors. For many, the situation has been exacerbated by the delayed delivery by the Rural Payments Agency of Basic Payment Scheme farm subsidy payments.
Published Friday 6 May 2016
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