Scottish farm incomes fall by more than 50% for 2023/24 financial year

Scottish Government said farm incomes were at their 'lowest level' since 2020

clock • 4 min read
Farmers' incomes experienced a 51% decline from the previous year, with producers earning an average income of £35,500.
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Farmers' incomes experienced a 51% decline from the previous year, with producers earning an average income of £35,500.

Average farm incomes in Scotland have fallen by more than 50%, placing pressure on the profitability of Scottish farmers and crofters. Scottish Government released data from its 2023 to 2024 Farm Business...

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