80% of UK farmers explore alternative income streams due to challenging market conditions, per Investec study.
80% of UK farmers have been forced to explore alternative income streams due to challenging market conditions, according to research by Investec Wealth and Investment. The study, which surveyed 100 freehold farmers, found that all respondents are attempting alternative farming methods to increase their income, with 80% stating they have been pressured to diversify by current market dynamics. Farms have faced challenges such as inflation, price pressure from clients, and labour shortages in recent years.
July 07, 2024
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