TheBeefSite.com - news, features, articles and disease information for the beef industry

News

Defra Announce UK Farm Income Rise by 42 per cent

30 January 2009

UK - Figures published by Defra today reveal farm incomes in the UK for 2008 have risen showing that total income from farming per head rose by 42 per cent, in real terms to £18,185.

Total Income from Farming in the UK is estimated to have risen in 2008 by 41.9 per cent in current prices (36.3 per cent in real terms) to £3.46 billion. Increased input costs were outweighed by an increase in the value of output of 25.6 per cent. Total Income from Farming per full time person equivalent is also estimated to have risen by 41.9 per cent in current prices, and by 36.3 per cent in real terms, to £18,185.

Farm Business Income in England for the period from March 2008 to February 2009 of grazing livestock, dairy and specialist pig farms is forecast to rise while that on cropping farms is expected to fall. Across all farm types, farm income is expected to fall by 8 per cent in current prices in 2008/09.

TheCattleSite News Desk



Partners


Seasonal Picks

Managing Pig Health: A Reference for the Farm - 2nd Edition