§ Lord Cledwyn of Penrhosasked Her Majesty's Government:
What is the latest position on farm incomes. [HL797]
§ Lord DonoughueEstimated figures show that total income from farming fell by 32 per cent. in real terms in 1998. The fall is in large part a result of lower prices238WA for many agricultural commodities due to the oversupply of commodity markets. Detailed estimates of the income, output and productivity of United Kingdom agriculture in 1998 were published on 28 January and placed in the Library of the House.