Economic Report on Scottish Agriculture, 2016

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

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Table B1 FAS summary table 1: 2014-15

  Measure Specialist Sheep (LFA) Specialist Cattle (LFA) Other Cattle and Sheep (LFA) (4) Cereal General Cropping Dairy Lowland Cattle and Sheep Mixed All Types
Average Output (£) 55,111 122,713 110,095 163,764 193,877 453,158 131,514 164,808 148,726
Input (£) 77,403 145,309 137,794 189,550 205,430 420,075 144,327 194,985 167,955
Susbsidy and payments (£) 33,209 47,191 52,658 33,180 33,152 36,033 36,746 38,950 39,885
Diversified income (£) 855 1,083 1,226 8,837 5,336 -644 1,681 2,734 2,334
FBI (£) 11,772 25,678 26,185 16,231 26,935 68,471 25,613 11,506 22,991
FBI/FTE (£) (1) 9,269 17,832 16,468 12,112 19,952 33,896 17,424 7,102 15,534
Output:Input ratio 1.15 1.18 1.19 1.09 1.13 1.16 1.18 1.06 1.14
Off farm income (£) (2) 12,145 10,451 9,780 10,063 8,236 5,937 10,682 14,210 10,810
Off farm income/FTE (£) (1) (2) 9,563 7,258 6,151 7,510 6,101 2,939 7,266 8,772 7,304
Balance sheets
(All Tenures)
Net worth (£) closing valuation (CV) 667,684 1,035,283 1,064,015 1,875,556 1,935,564 1,840,884 1,122,445 1,525,734 1,259,107
Liabilities as % of assets (CV) 5.8 9.6 11.7 8.3 8.5 13.1 9.8 9.5 9.5
Hourly income Average hourly income (£) 4.88 9.39 8.67 6.37 10.50 17.84 9.17 3.74 8.18
Minimum agricultural wage (£) (3) 7.03 7.03 7.03 7.03 7.03 7.03 7.03 7.03 7.03
Average hourly income as % of MAW (3) 69.4 133.5 123.3 90.7 149.4 253.8 130.4 53.2 116.3
Quartiles FBI upper quartile (£) 36,372 63,273 86,434 66,390 69,022 161,086 68,203 46,426 73,640
FBI lower quartile (£) -6,899 -10,389 -274 -31,648 -6,249 14 -6,730 -28,191 -13,596
Output:Input ratio upper quartile 1.4 1.4 1.4 1.3 1.3 1.3 1.4 1.3 1.3
Output:Input ratio lower quartile 0.9 0.9 1.0 0.9 1.0 1.0 0.9 0.9 0.9

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

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

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

(4) Other cattle and sheep (LFA) excludes farms identified as specialist sheep or specialist cattle.

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