October 11, 2017
Farm incomes may halve after Brexit, says report
shaoran2012Image copyright PA Image caption Dairy farmers might, in some circumstances, receive higher prices after Brexit says the report The profitability of the average UK farm could fall by as much as half after Brexit, new research suggests. The report, by the Agriculture & Horticulture Development Board (AHDB), says the “worst-case scenario” would cut average farm profits from £38,000 a year to just £15,000. The analysis tries to model the effects of cheaper imported food, reduced subsidies and more expensive labour. A government spokesman said the report was based on […]