Publication - Statistics

Economic Report on Scottish Agriculture 2015

Published: 12 Jun 2015
ISBN:
9781785443367

Economic Report on Scottish Agriculture 2015 presenting an overall picture of Scottish agriculture using data from the various agricultural surveys that RESAS manage.

Economic Report on Scottish Agriculture 2015
Table B2 FAS summary table 2: 2009-10 to 2013-14 (2013-14 prices)

Table B2 FAS summary table 2: 2009-10 to 2013-14 (2013-14 prices)

 

Measure

2009-10

2010-11

2011-12

2012-13

2013-14

Average

Output (£)

135,903

162,749

179,434

174,592

168,878

Input (£)

150,195

168,500

186,397

193,460

187,786

Susbsidy and payments (£)

52,443

51,257

49,895

47,349

46,411

Diversified income (£)

3,607

3,650

3,567

2,643

3,031

FBI (£)

41,757

49,157

46,500

31,125

30,534

FBI/FTE (£)(1)

29,201

29,087

31,849

21,030

20,631

FBI without grants and subsidies

-10,686

-2,100

-3,395

-16,224

-15,877

Output : Input ratio

1.3

1.3

1.2

1.2

1.2

Off-farm income (£)(2)

10,325

9,382

8,792

9,631

9,887

Off-farm income/FTE (£)(1) (2)

7,221

5,551

6,022

6,507

6,680

Hourly income

Average hourly income (£)

15.37

15.31

16.76

11.07

10.86

Minimum agricultural wage (£)(3)

6.23

6.37

6.55

6.68

6.89

Average hourly income as % of MAW(3)

246.7

240.3

255.9

165.7

157.6

Quartiles

FBI upper quartile (£)

88,838

107,621

114,010

88,638

104,734

FBI lower quartile (£)

-7,845

1,257

114

-14,296

-15,266

Output : Input ratio upper quartile

1.5

1.4

1.5

1.4

1.5

Output : Input ratio lower quartile

1.0

1.0

1.0

0.9

0.9

Balance sheets (all tenures)

Net worth (£) closing valuation (CV)

920,347

1,241,349

1,294,655

1,335,622

1,331,105

Liabilities as % of assets (CV)

10.5

9.6

9.4

9.7

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 2013 calendar year, with a value of £6.89.


Contact

Email: Agricultural Statistics