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First Minister John Swinney said his Government would return the £46 million taken away from the agriculture Budget in previous years but could not guarantee a commitment to longer-term funding due to only having 'information' for one financial year

Agricultural inflation has fallen to the lowest level seen since December 2021, although it still remains elevated on 2020

With inflation rising again in July, Cedric Porter takes a look at the trends in the retail market

Tesco is still at number one with its market share increasing from 27% to 27.6% over the past year

The cut marks the first reduction since the pandemic

It was estimated there were 7,130 dairy producers in Great Britain as of April 2024.

Farming is a long term business, and farmers need to be able to plan ahead particularly when there is pressure to look at even more environmental outcomes says Virgin Money UK head of agriculture

Grocery price inflation has fallen to its lowest level since October 2021, but shoppers are still being careful with what they buy

A slowdown in food inflation was credited with driving down general inflation, but for many products retail inflation is still much higher than farmgate inflation

Rising costs and uncertainty will continue to challenge farm businesses in 2024