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Publication - Statistics Publication

Economic Report on Scottish Agriculture, 2016

Published: 14 Jun 2016
ISBN:
9781786522276

Presents an overall picture of Scottish agriculture using data from the various agricultural surveys that RESAS manage.

175 page PDF

5.6MB

175 page PDF

5.6MB

Contents
Economic Report on Scottish Agriculture, 2016
Table B2 FAS summary table 2: 2009-10 to 2014-15 (2014-15 prices)

175 page PDF

5.6MB

Table B2 FAS summary table 2: 2009-10 to 2014-15 (2014-15 prices)

  Measure 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15
Average Output (£) 140,860 167,552 184,620 178,022 171,146 148,726
Input (£) 155,674 173,472 191,784 197,260 190,315 167,955
Susbsidy and payments (£) 54,355 52,770 51,337 48,279 47,062 39,885
Diversified income (£) 3,738 3,758 3,670 2,695 3,075 2,334
FBI (£) 42,685 50,608 47,844 31,736 30,967 22,991
FBI/FTE (£) (1) 30,266 29,945 32,770 21,443 20,924 15,534
FBI without grants and subsidies -11,670 -2,162 -3,493 -16,543 -16,094 -16,895
Output : Input ratio 1.3 1.3 1.2 1.2 1.2 1.1
Off-farm income (£) (2) 10,702 9,659 9,046 9,820 10,030 10,810
Off-farm income/FTE (£) (1) (2) 7,381 5,715 6,196 6,635 6,777 7,304
Hourly income Average hourly income (£) 15.93 15.76 17.25 11.29 11.01 8.18
Minimum agricultural wage (£) (3) 6.76 6.82 6.89 6.91 6.89 7.03
Average hourly income as % of MAW (3) 235.7 231.2 250.4 163.3 159.8 116.3
Quartiles FBI upper quartile (£) 97,720 115,193 119,885 91,725 104,916 73,640
FBI lower quartile (£) -8,630 1,345 120 -14,794 -15,857 -13,596
Output : Input ratio upper quartile 1.5 1.4 1.5 1.4 1.5 1.3
Output : Input ratio lower quartile 1.0 1.0 1.0 0.9 0.9 0.9
Balance sheets (all tenures) Net worth (£) closing valuation (CV) 953,916 1,277,981 1,332,071 1,361,859 1,349,912 1,259,107
Liabilities as % of assets (CV) 10.5 9.6 9.4 9.7 9.5 9.5

(1) Full-Time equivalent (FTE) is 1,900 hours.

(2) Off farm Income is only collected for farmers and their spouse as the midpoint of the range in which their income falls.

(3) The minimum agricultural wage (MAW) is the weighted average for 2014 calendar year.


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