Farming in crisis: A case study

The UK farming industry is in financial crisis, the magnitude of which has not been experienced since the 1930s. The depression has left no sector of the industry untouched. The latest statistics released by Deloitte & Touche for the period July 1998 to June 1999 show farm profits and their incomes at their lowest since the company began its annual report ten years ago, with predictions that the situation will get even worse.