Total income from farming: estimates for Scotland 2014-2016

Total income from farming (TIFF) is an estimate of the net income from farming in Scotland in the period 2014 to 2016.

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Table 3: Summary components of TIFF 2006 to 2016, in 2016 prices (i.e. prices adjusted for inflation) £millions

(amended 15:00 31 January 2017)

  2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
second estimate
2016
initial estimate
Outputs
Cereals 259 403 454 289 386 494 480 443 385 339 308
Other crops 267 299 262 225 253 285 224 296 236 222 258
Horticulture 196 208 227 253 256 244 234 280 258 282 264
Finished livestock 841 809 901 977 1,000 1,102 1,112 1,080 1,054 1,011 1,035
Store livestock 37 30 48 63 53 68 85 84 60 64 68
Livestock products 339 375 454 420 434 467 473 531 559 484 421
Capital formation 88 104 109 124 133 149 175 188 198 183 181
Other agricultural activities 50 74 74 68 83 88 85 86 92 87 84
Non-agricultural activities 153 194 177 194 160 194 188 217 248 249 253
Gross output 2,230 2,496 2,706 2,613 2,757 3,091 3,055 3,204 3,089 2,921 2,870
Grants & Subsidies 668 637 627 688 658 645 584 587 499 449 491
Costs
Feedstuffs 401 464 522 523 583 622 694 688 592 539 515
Seed 55 61 74 76 81 83 93 86 78 68 62
Fertilisers 134 142 219 247 162 195 211 205 188 189 153
Farm maintenance 58 58 64 75 78 90 92 94 90 82 78
Miscellaneous expenses 707 748 806 808 856 922 924 911 898 852 839
FISIM 15 18 12 18 22 21 21 22 20 22 21
Non-agricultural activities 18 18 40 58 42 24 21 22 19 21 21
Capital consumption 393 404 429 417 412 451 473 451 445 438 435
Net labour 328 327 342 390 367 383 355 358 356 383 381
Net interest 108 115 104 62 62 65 73 71 83 85 77
Net rent 20 17 17 15 15 15 14 13 15 16 18
Taxes on production 16 17 15 15 18 15 14 14 14 14 13
Gross costs 2,253 2,388 2,643 2,703 2,697 2,885 2,985 2,935 2,798 2,709 2,613
TIFF 645 745 690 598 718 850 655 857 789 661 749

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