First Minister Eluned Morgan expressed significant concerns regarding UK government changes to future funding support rules for Welsh agriculture, warning of potential losses up to £150 million annually. The move to a funding system based on the Barnett formula means allocations will no longer be ring-fenced for farming. This poses a risk to Wales, which has a higher proportion of farmers relative to other UK regions. Morgan highlighted that future funding dynamics could undermine the agricultural sector in Wales, which relies heavily on government support.
Eluned Morgan expressed huge concern over proposed changes to UK funding rules for agriculture, warning Wales could lose out significantly, risking around 150m a year.
The new funding system, linked to the Barnett formula, does not account for Wales' higher proportion of farmers compared to other UK regions, according to Morgan.
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