News from AgriWales - A blog about everything and anything that's happening
New report prompts the Welsh Government to reassess the help that less efficient farmers need.
Some dairy farmers in Wales have never made a profit on the milk they produce and survive on subsidies alone, a new report has found.
Even in boom times, the worst performing farms have production costs that are the “beyond levels the milk price has ever reached”.
A report published this week on the state of the Welsh dairy industry shows that in 2016-17, when milk prices were low , three-quarters of farms were unprofitable, with the worst-performing 25% making an average loss of 14.2p per litre (ppl).
The reports’ authors said the findings “suggest there are some fundamental problems with the structure of many farms and possibly the industry”.