Intentions Survey Shows Dip In Confidence

UK - The 2011 Farmer Intentions Survey, shows that there has been a slight dip in GB dairy farmer confidence, with 13 per cent planning to leave the industry in the next two years, compared to nine per cent in the 2010 survey.
calendar icon 8 August 2011
clock icon 1 minute read

With regards to investment, six per cent of GB farmers surveyed in 2011 plan to invest more than £250,000 over the next five years. This represents a three percentage point drop on last year.

While milk prices and input costs were the greatest concerns to GB dairy farmers, the survey showed some less expected statistics about milk contracts.

A majority of farmers, 54 per cent, were happy with their contract, although 56 per cent highlighted milk price as a major concern.

The Farmer Intentions Survey 2011 can be downloaded here.

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