Question to the Department for Environment, Food and Rural Affairs:

To ask the Secretary of State for Environment, Food and Rural Affairs, what assessment he has made of the adequacy of income for farmers in 2024.

The Government has committed to support farmers through a farming budget of £5 billion over two years, including £2.4 billion in 2025/26. We publish regular accredited official statistics on farm income in England and other data related to farm businesses. For example, on 14 November 2024, we published our Farm Business Income statistics (Farm business income - GOV.UK), which looked at how Farm Business Income has changed in 2023/24, including the contribution of Direct Payments and agri-environment payments to farm incomes and analysis by farm type.

Farm Business Income has seen substantial year-on-year fluctuations over the past 15 years driven by a multitude of factors which include weather and market fluctuations. For most farm types, Farm Business Income in 2023/24 saw very large falls relative to exceptional highs in 2022/23. At the all-farm level and a longer-term view, the average Farm Business Income of approximately £82,000 for the agricultural transition (2021/22-2023/24) remains above the pre-transition average of approximately £58,000 (2018/19-2020/21).

Further, farming evidence packs have been recently updated including key statistics and farm performance (Farming statistics evidence packs - GOV.UK). These set out an extensive range of data to provide an overview of agriculture in the UK, and the contribution of farm payments to farm incomes, including analysis by sector, location in England and type of land tenure.

The Secretary of State discussed the department’s approach to the problem of low farming income across Britain at the Oxford Farming Conference on 9 January, and his full remarks can be found here.

We will continue to carry out appropriate and timely assessments of our interventions to inform policy development.