Farm incomes are estimated to have fallen in 2009 according to the most recent statistics from Defra. Total income from farming (TIFF) fell by 5.7% in 2009 to £4.07bn. There was a decrease in the value of output, a fall in input costs and an increase in the Single Payment. Farm business income (FBI) on specialist pig, specialist poultry, LFA and lowland grazing livestock farms is expected to increase in 2009/10. On general cropping and specialist cereal farms FBI is expected to fall.
The value of output fell by 3.2%, though there was a significant variation between sectors. Cereals (-25%), oilseeds (-23%), potatoes (-16%) and milk (-9.7%) fell in value, whereas cattle (6.4%), sheep (21%) and pigs (17%) increased in value. The total value of output at market prices fell by 3.1% to £19.3bn. The value of intermediate consumption, items like maintenance, services, feed, fuel, fertilisers and sprays, fell 1.1% and the Gross Value Added (GVA) for the industry fell 6.2% to £7.1bn. Input costs fell by 2.2%. The cost of fuel and animal feed fell by 17% and 7.3% respectively but that was partly offset by increases in other costs.
Showing posts with label cropping. Show all posts
Showing posts with label cropping. Show all posts
Friday, 29 January 2010
Thursday, 21 January 2010
Farm Rents Up By Over 5% In 2008
The ONS/DEFRA estimates of farm rents statistics show Full Agricultural Tenancies (FAT), Farm Business Tenancies (FBT) and Seasonal agreements for 2004 to 2008 have risen by over 5%.
FAT agreements increased by 5.1% to £136/ha in 2008 compared with £130/ha in 2007. The FBT agreements increased by 5.4% to £160/ha largley due to an 11.4% increase in the price of cattle and sheep farms in lowland areas and a 9.8% rise in the average rent of arable farms.
The average rent for dairy farms under FAT agreements continued to rise last year to £167/ha. Cattle and sheep farms also increased again from £106/ha in 2006 to £123/ha in 2008. Seasonal agreements rent prices decreased from £117/ha in 2007 to £107/ha in 2008. The most significant contributor to the increase under FAT agreements was from general cropping farms which saw a 9.6% increase between 2007-8 and cattle and lowland sheep at 8.3%. Cattle and sheep in less favoured areas (LFA) offset the trend with a decrease of 2.3%. The overall total area of rented land decreased by 2.1% from 1,768.7 to 1,731.1 thousand ha.
As regards farms under FBT agreements the main contributors were cattle and lowland sheep with an increase of 11.4% between 2007-8 and general cropping at 9.8%. The increases were offset by a decrease in the rents of dairying land of 1.2%. The total area under FBT agreements increased by 3.2% from 1,022.2 thousand ha in 2007 to 1,054.5 thousand ha in 2008. The main contributors were cereal farms with 5.5% and cattle and lowland sheep with 5.3%. There was a fall in the area in dairying of 1.4% and general cropping of 1.1% which helped to offset the increase in area in 2008. The average rents for farms under seasonal agreements in 2008 was £107/ha, a fall of 8.5% on 2007 at £117/ha.
The most expensive area in terms of FAT agreements by region was the South East at £162/ha, followed by the East of England at £157/ha and the least expensive was the North East at £99/ha. The most expensive area by region under FBT agreements was the East of England at £180/ha and the least expensive was the North East at £147/ha.
FAT agreements increased by 5.1% to £136/ha in 2008 compared with £130/ha in 2007. The FBT agreements increased by 5.4% to £160/ha largley due to an 11.4% increase in the price of cattle and sheep farms in lowland areas and a 9.8% rise in the average rent of arable farms.
The average rent for dairy farms under FAT agreements continued to rise last year to £167/ha. Cattle and sheep farms also increased again from £106/ha in 2006 to £123/ha in 2008. Seasonal agreements rent prices decreased from £117/ha in 2007 to £107/ha in 2008. The most significant contributor to the increase under FAT agreements was from general cropping farms which saw a 9.6% increase between 2007-8 and cattle and lowland sheep at 8.3%. Cattle and sheep in less favoured areas (LFA) offset the trend with a decrease of 2.3%. The overall total area of rented land decreased by 2.1% from 1,768.7 to 1,731.1 thousand ha.
As regards farms under FBT agreements the main contributors were cattle and lowland sheep with an increase of 11.4% between 2007-8 and general cropping at 9.8%. The increases were offset by a decrease in the rents of dairying land of 1.2%. The total area under FBT agreements increased by 3.2% from 1,022.2 thousand ha in 2007 to 1,054.5 thousand ha in 2008. The main contributors were cereal farms with 5.5% and cattle and lowland sheep with 5.3%. There was a fall in the area in dairying of 1.4% and general cropping of 1.1% which helped to offset the increase in area in 2008. The average rents for farms under seasonal agreements in 2008 was £107/ha, a fall of 8.5% on 2007 at £117/ha.
The most expensive area in terms of FAT agreements by region was the South East at £162/ha, followed by the East of England at £157/ha and the least expensive was the North East at £99/ha. The most expensive area by region under FBT agreements was the East of England at £180/ha and the least expensive was the North East at £147/ha.
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