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Farming sector profits rose 25% in 2011, says NFU

Farmland continues to be an attractive investment for many The UK’s farming sector saw its overall profit rise by 25% last year, according to the National Farmers Union (NFU). The NFU said farming’s overall profit was £8.84bn in 2011, up £1.75bn. Rising prices for meat and grain on the international markets have helped to boost farmers’ income. On Monday, US wheat prices hit a seven-month high in trading in Sydney. Last week, wheat prices had risen by 17% as hot, dry weather hit the southern plains of the US. “With stocks depleted and demand from emerging markets rising all the… continue reading

May 23, 2012