Farm Income

Part of 1. Questions to the Minister for Environment, Energy and Rural Affairs – in the Senedd at 1:30 pm on 15 May 2019.

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Photo of Janet Finch-Saunders Janet Finch-Saunders Conservative 1:30, 15 May 2019

Thank you. The recently published forecasts of farm incomes in Wales provides very worrying information about the sector. It reports that the average farm business income for the combined all-farm types is expected to decrease by 15 per cent to £29,500 per farm from the previous year. The situation is even more serious for dairy farmers, who are forecasted—sorry, I need my specs—a 23 per cent fall, and lowland cattle and sheep farmers, who are expected to have an average income of just £17,000. As John Davies, National Farmers Union Cymru president stated, the forecasts show the volatility all farm types in Wales are subjected to and reinforce the need for future agricultural policy in Wales to include a central volatility stability component. Will you consider introducing an agricultural volatility grant that farmers can turn to for support when market changes render continued business operation and food production financially perilous? Thank you.