The number of dairy farmers could halve in just 10 years, the National Farmers’ Union (NFU) has warned.
The cost of animal feed has also doubled since 2007 and 60 dairy farmers left the industry in December 2014 alone.
With around 10,000 dairy farmers remaining across England and Wales, the NFU said it was “completely appalled” by ongoing price cuts and predicts the number of dairy farmers could halve again in the next decade if cuts continue.
Rob Harrison, NFU’s dairy board chairman, said: “I, like my colleagues on the NFU dairy board, are completely appalled by the ongoing price cuts crippling our industry and we are working hard to support our members and their businesses in every way we can.
“We will continue our difficult, but necessary, discussions with all the processors as well as with retailers. What we want is an economically sustainable dairy industry for the future.
“As farmers face volatile markets, I’m also convinced that the government can do more to help by ensuring its policies are sympathetic to the current situation and will help farmers and farming businesses continue forwards.”