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Farm incomes

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  • Release date: 8 December 2016
  • Period covered: 2015-16
  • Next update: 23 March 2017
An annual report including figures for average farm business income, variation in income, components of income, weather and commodity prices, and also assets, liabilities and net worth.

There is new analysis on factors which can affect farm incomes, such as weather and commodity prices. Also included for the first time is analysis of components of income and output (including subsidy), and assets, liabilities and net worth of farms. New additional tables published include detailed output and cost breakdowns for two years, and also longer trends in Farm Business Income (FBI) and two other measures of farm income.

Key points

  • Latest farm income figures should be seen in the context of longer term trends in farm incomes and market conditions.
  • Average FBI on dairy farms fell by around 53% to £32,800.
  • For cattle & sheep (less favoured area) farms, average FBI per farm fell by around 1% to £21,900.
  • Average FBI on cattle & sheep (lowland) farms decreased by around 40% to £16,300.
  • Average FBI across ‘All farm types’ decreased by around 23% to £22,200.


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