In yesterday’s referendum, Britain voted to Leave the EU by a margin of 52 percent to 48 percent.

The final result, announced at around 6 this morning, came as a shock to commentators, who predicted the result would be much closer.

Sterling has suffered a major shock as a result of the vote, with the pound plummeting to a 30-year low, and Prime Minister David Cameron has announced that he will step down in October.

Responding to the result on Friday morning, Meurig Raymond, president of the NFU, said, “The vote to leave the European Union will inevitably lead to a period of uncertainty in a number of areas that are of vital importance to Britain’s farmers.

“Our members will rightly want to know the impact on their businesses as a matter of urgency.  We understand that the negotiations will take some time to deliver but it is vital that there is early commitment to ensure British farming is not disadvantaged. It is vital that British farming is profitable and remains competitive, it is the bedrock of the food industry – Britain’s largest manufacturing sector.””

NFU backed the remain camp ahead of yesterday’s referendum, but refused to campaign on the issue. The NFU Council has called an extraordinary meeting for next week to discuss the outcome of yesterday's vote.