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Statistics

Farm incomes

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  • Release date: 27 February 2014
  • Period covered: 2013-14 (Forecasts)
  • Next update: November 2014
A report which forecasts figures based on two different measures: Farm Business Income (FBI) and Net Farm Income.

Key points

  • Average FBI across ‘All Farm Types’ is forecast to rise by 32% from £28,200 in 2012-13 to £37,300 in 2013-14.
  • For Dairy farms average FBI is forecast to rise by 88% to £84,700.
  • For Cattle & Sheep (Less Favoured Area) farms average FBI per farm is forecast to increase by around 17% to £26,500.
  • Within the LFA category, average FBI is forecast to rise by 18% on Severely Disadvantaged Area Cattle & Sheep farms and 15% on Disadvantaged Area Cattle & Sheep farms.
  • Average FBI on Lowland Grazing Livestock is forecast to remain unchanged at around £30,200.

Contact

Phone: 029 2082 5051
Email: stats.agric@wales.gsi.gov.uk

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