Data for average farm business income, analysis of the variation around the average, and long term context for April 2017 to March 2018.

These figures represent the results of the Wales Farm Business Survey for 2017-18.

The report also includes:

  • a separate infographic
  • components of income and output (including subsidy and new analysis of diversification)
  • factors affecting farm incomes, including weather and commodity prices
  • farm assets, liabilities and net worth
  • additional tables with detailed breakdowns of output and cost, trends in three different measures of farm income, and farm assets, liabilities and net worth.

Main points

Average farm business income in Wales in 2017-18,  and change since 2016-17 (at current prices) Dairy farms (£82,400, up 163%): Average income varied greatly in the past five years. 2017-18 saw income return to a higher level than 2014-15 after two particularly low years. Cattle and sheep (Less Favoured Area) farms (£26,900, up 17%): Average income was higher than in any year since 2011-12. Cattle and sheep (lowland) farms (£24,000, up 5%): Despite the increase in 2017-18, average income remains below levels seen during the period 2008-09 to 2014-15. Source: Farm Business Survey, Welsh Government

 

Reports

Farm incomes, April 2017 to March 2018
, file type: PDF, file size: 1 MB

PDF
1 MB
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Farm incomes, April 2017 to March 2018: infographic
, file type: PDF, file size: 230 KB

PDF
230 KB
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Data

Datasets and interactive tools

Farm incomes, April 2017 to March 2018: additional tables
, file type: ODS, file size: 118 KB

ODS
118 KB
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Contact

Tim Evans

Tel: 0300 062 8236

Media

Tel: 0300 025 8099