The Farmers’ Union of Wales has emphasised the importance of maintaining agricultural support to the rural economy and agricultural production after publishing a report highlighting the role of direct support to Wales’ livestock supply chains.
The report, entitled ‘The role of farm support in Wales’ livestock supply chains’ uses five years of Welsh Farm Business Survey figures to investigate what increases in profits or reductions in selected input costs would be needed to maintain average livestock farm profits if direct support was cut by 50% and 100%.