Increased hardship for small farmers as close to a billion pounds wiped off UK’s farming economy in 2020
Farm incomes dropped drastically last year, as poor weather combined with the impact of the pandemic and Brexit-related issues wiped close to a billion pounds off the UK’s farming economy and increased hardship for many small farmers.
Total income from farming, calculated annually by the government, fell from nearly £5.2bn in 2019 to just over £4.1bn in 2020, the lowest value in real terms since 2007.