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UK Farming Sector Reels from £1.19bn Income Hit and Looming Funding Cuts

Extreme wet weather erased £1.19bn from arable incomes in 2024, illustrating how funding cuts to sustainable farming could intensify the impact of record heat and drought.

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Overview

  • Defra figures show arable income fell by £1.19bn in 2024 after extreme wet and stormy weather produced the third-worst harvest on record.
  • ECIU analysis reveals the UK experienced its hottest spring since the 19th century and driest in over 50 years, putting wheat, barley, oats and oilseed rape yields near historic lows.
  • The Environment Agency has declared a drought in north-west England and warns of spreading water shortages without sustained rainfall.
  • Farmers and environmentalists say nature-friendly measures—such as healthy soils and natural pest controls—are vital for resilience but risk losing support in the upcoming spending review.
  • Farming minister Daniel Zeichner has pledged a £5bn budget for sustainable food production and appointed Baroness Minette Batters to propose reforms to bolster long-term food security.