The event, organised by NFU Cymru Brecon and Radnor members, will involve a rally to demonstrate how the proposed changes to Inheritance Tax will impact the entire Welsh rural economy
Prior to the Budget, the Íæż½ã½ã' Union of Wales previously warned a worse case scenario of full ‘Barnettisation' of Wales' agricultural funding could equate to a ‘drop of around 40% in funding for Welsh farming - a cut of around £150m a year'
Steve Witherden MP said many elderly farmers were ‘too late in life' to plan for the proposed changes to Inheritance Tax
The survey of more than 400 farmers found of the 65% of Welsh farmers who had either already invested in infrastructure or who were planning to, 30% said it had come at a cost of over £100,000, with 12% stating the cost was more than £200,000
Welsh Government funding schemes in 2025 will focus on preparing for the launch of the Sustainable Farming Scheme in 2026
NFU Cymru president Aled Jones said he was ‘deeply concerned' any future adjustments to agricultural funding into the Welsh block grant would be ‘subject to the Barnett formula'
Following a vote of confidence in his leadership, he said his position was no longer tenable.
It is after two instances of BTV-3 infected animals being moved into Gwynedd and Ynys Mon
NFU Cymru president Aled Jones said 'around £340 million should be forthcoming from the Treasury block grant to Welsh Government for agricultural support'