This topic covers a wide variety of farm business economics topics including incomes, profitability of farm enterprises, economic performance and off-farm income.
Publications

This release presents a sequence of inter-related accounts for the United Kingdom, which provide a base for economic analysis of the agricultural industry, and Total Income from Farming, a key indicator of the performance of the industry.
This Statistical Release presents the first estimates of Welsh agricultural output and income

Agricultural Market Reports page provides access to weekly or monthly price information on headings Fruit, vegetables, flowers & pot plants, Cereals, Eggs & Poultry, Feeding Stuffs, Finished Stock, Hay & Straw, Livestock's and Potatoes.

Prices received by producers for agricultural products (excludes subsidies) and prices paid by producers for agricultural inputs.
This publication provides an easy-to-reference statistics on UK Agriculture, complementing its more comprehensive sister publication Agriculture in the UK.

This statistical notice provided key statistics on agriculture at a regional level in England.

Reports on matters relating to price support for agricultural produce, developments in agricultural and environmental policy.

Summary statistics showing lending to Scottish agriculture.

Presents statistics on UK Cereals Usage by Brewers, Distillers and Maltsters.

Presents data on the quantities of cereals held in stores in England and Wales.

Provides levels of stocks of wheat, barley, oats and maize in port, co-operative and merchant stores in the UK.

This statistical release is an amalgamation of the statistical releases: Brewers, Distillers and Maltsters Usage and Stocks, Cereals Usage by Oatmeal Millers in the UK and Wheat Milled and Flour Production.
Weekly Commodity Prices are made up of four excel spreadsheets and graphs split into commodity groups.

Estimates of the yield and production of crops in Northern Ireland.

Compendium including analysis of Census, Total Income From Farming (TIFF) and farm business data including Net Farm Income.

Results of the Northern Ireland Farm Structure Survey.

The material in this booklet has been prepared by the Department for Environment, Food and Rural Affairs (Defra) from the results of the Farm Business Survey (FBS) in England carried out by seven universities and agricultural colleges.

Presents income figures based on results from the Farm Business Survey.

Presents income figures based on results from the Farm Business Survey.

Incomes, financial position, enterprise performance and fixed costs for the main farm types and sizes in Northern Ireland.

Aggregate Total Income From Farming (TIFF) estimates including values for Inputs, Outputs, Grants and Subsidies. Average Farm Business Income estimates by farm type.
This Statistical Release presents farm income figures based on Farm Business Income, Net Farm Income and Cash Income.

Estimates of average farm rent prices by farm type.

Provides statistics on the average farm gate milk prices and the average butterfat and protein content of milk produced in the UK.
Physical and financial performance of the main farm enterprises in Northern Ireland.

Brings together statistics relating to pigs: slaughter figures (UK and EU), carcass weights (UK), pig meat production, trade and supplies (UK), prices (UK and EU) and pig populations (UK).

Provisional agricultural incomes figures.

Provisional Farm incomes figures.

Detailed analysis of Total Income From Farming (TIFF) inputs, outputs, average prices, volume series, economic indicators, grants and subsidies.

This report considers what the options are and how we can select between them to arrive at an appropriate definition.

Compendium of Northern Ireland Agricultural statistics.

Headline results of Total Income From Farming (TIFF) and Net Farm Income (NFI).

This release presents estimates of Total Income from Farming, a key indicator of the performance of the agricultural industry in the United Kingdom

Statistics on the volume of milk used by dairies in England and Wales for the production of a range of milk products.

The results in this statistical notice are split into four sections covering: (i) water sources; (ii) water usage for irrigation; (iii) water usage for various activities (including irrigation); and (iv) water quality (practices to reduce or prevent pollution). The notice incorporates results from both the 2009/10 FBS and the 2010 Irrigation Survey.

Weekly Market Report (average livestock and crop prices).

The latest National Statistics on the UK's wheat milled and flour production.
Overview
Data on farm businesses are derived from a number of data sources.
The annual Farm Business Survey is the main evidence base, collecting data on many aspects of farm business economics at the farm level. The core questions in the survey remain fairly constant from year to year, with detailed data collected on outputs, inputs, profits, balance sheet data, diversification, labour usage, rents and off-farm income.
Additionally, each year a series of ‘modules’ are carried out, looking at specific issues. These modules vary from year to year. Recent examples include animal health and welfare economics, household income, agri-environment activities and energy usage.
Another data source is the June Survey of Agriculture. This provides valuable physical data on crop areas and livestock numbers. It also collects data on labour and farm structure, including area rented and area owned.
Technical Data
Farm Business Survey
The survey is comprised of one survey form and is interview based. The sample in England is approximately 2,000 farm businesses. To be eligible for the survey, each farm business has to have enough cropping and stocking to occupy a person for at least half their time.
Each farm is typically visited twice each year by a researcher. The researcher questions the farmer and also sifts out the supporting data from the farm’s accounts and supporting documents. The sample is stratified by farm type and size, to ensure a representative sample across England.
Results are published as headline incomes in October and towards the end of January. More detailed data on farm incomes are published in December, at Government Office Region (GOR) level and at England level. Additionally, results are published annually on diversification and household income separately.
June Survey of Agriculture
The June Survey of Agriculture and Horticulture is an annual postal survey that collects information relating to land use, crops, livestock, labour, horticulture and glasshouse. In most years, data are sought from a proportion of holdings only.
The sample size is between 40,000 and 70,000 holdings (dependent on EU requirements) in England. Holdings are sampled using a stratified random sample based on farm size.
Glossary
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Balance sheet
Statement of assets and liabilities of the business.
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Diversification
Non-agricultural enterprise carried out by the farm business.
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Holding
Area of land that is farmed by a farm business. A farm business might farm on more than one holding.
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Household income
Income for the main farm household.
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Inputs
Costs incurred by the farm to produce outputs.
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Outputs
Value of produce produced on the farm, usually for sale off the farm.
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Profit
Difference between total output and total input.
Contact Details
For statistical enquiries about this topic, please contact:
Selina Matthews
Email: selina.matthews@defra.gsi.gov.uk
Telephone: +44 (0) 20 7238 3274
Area 4e, 4th floor Millbank c/o Nobel House Smith Square London SW1P 3JR