Brexit would leave UK farmers up to €34,000 worse off, study finds

Research for NFU suggests the sector would have a mixed future outside the EU, with some farmers doing better than others

Farmers will lose out by as much as a34,000 (27,400) a year if the UK votes to leave the EU, unless new national taxpayer subsidies are put in place to bolster farm incomes, a new study has found.

The agricultural sector will face a mixed picture, according to the report, which projects its post-Brexit future. Some farmers, such as those specialising in cereals and dairy, are likely to see steep falls in the price of their goods but businesses less dependent on the EU, including poultry and pig farmers, could benefit.