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'I fear for my son's farming future due to costs'

'I fear for my son's farming future due to costs'

Summary

UK farmers face rising costs for fuel and fertiliser, causing financial strain and worries about the future of farming. Many farmers report losses and say farming may no longer provide a good income, leading some to consider leaving the industry or changing how land is used.

Key Facts

  • Fuel costs on Woodlands Farm in Suffolk have doubled in one year, with red diesel costs rising from £27,000 to £54,000.
  • Fertiliser costs on the same farm climbed from £53,200 to £67,200 annually.
  • The farm is currently losing money, and future crops are not expected to be profitable.
  • Some farmers are leaving farming, and farmland is being converted to solar farms, renewables, or housing.
  • Organic farmer John Pawsey reported a 25-35% rise in fixed costs and worries about crop yields due to drought.
  • Farmers say they need fair prices for their products to cover rising expenses while keeping customers.
  • The Country Land and Business Association notes that farming is very tough right now and calls for more consistent policies and investment.
  • The government is cutting red diesel fuel duty to help reduce costs and aims to protect farming from global pressures like the Iran war.
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