AGRICULTURAL INCOME
The Scottish Government calculate two measures of agricultural income. Total Income from Farming ( TIFF) assesses the income generated by Scottish agriculture as a whole and Farm Business Income ( FBI) that compares income between different types of farm enterprise.
AGRICULTURAL INCOME AT SCOTLAND LEVEL ( TIFF)
Total Income from Farming ( TIFF) assesses Scottish agriculture as a whole and covers the calendar year. TIFF measures business profits plus income to workers with an entrepreneurial interest (farmers, partners, directors and their spouses, and most other family members who work on the farm).
The statistics show that Total Income From Farming ( TIFF) increased by £122 million to £618 million between 2009 and 2010. This represents a rise of 25 per cent before inflation is accounted for and a rise of 18 per cent in real terms.
TIFF for 2009 has been revised down by £93 million (16 per cent) to £496 million and for 2008 has been revised down by £28 million (5 per cent) to £581 million. The revised trend in TIFF between 2008 and 2009 now shows a decrease of £85 million (15 per cent) before inflation.
The details underpinning the increase in TIFF are available at the Total Income From Farming and Farm Business Income publication page and in the table of agricultural output, input costs and income 2006 to 2010.
CHART : TOTAL INCOME FROM FARMING ( TIFF) - 1973 - 2010
AGRICULTURAL INCOME BY FARM TYPE ( FBI)
Farm Business Income ( FBI) is closely aligned to the aggregate Total Income From Farming ( TIFF) measure and provides a sectoral breakdown of incomes by eight different farm types. FBI represents the return to all unpaid labour (farmer, spouse and others with a entrepreneurial interest in the farm business)and to their capital invested in the farm business. The FBI measure is designed to capture the return to the entire farm business and therefore also includes income from diversified activities on the farm.
Average Farm Business Income ( FBI) in 2009-10 was £34,400, a decrease of £4,900 (12 per cent) from 2008-09. Trends in FBI between 2008-09 and 2009-10 are most closely related to trends in TIFF between 2008 and 2009, which fell by 15 per cent. There were sizeable decreases in FBI between 2008-09 and 2009-10 in General Cropping (down £42,500 to £18,300), Cereals (down £25,100 to £16,700) and Dairy (down £19,700 to £58,700), while increases occured among Cattle and Sheep ( LFA), Specialist Sheep ( LFA), Specialist Beef ( LFA) and Lowground Cattle and Sheep.
CHART : FARM BUSINESS INCOME BY FARM TYPE 2008-09 and 2009-10
A more detailed analysis of Farm Business Income for each of the farm types is available at the links below:
Section B of the Economic Report on Scottish Agriculture provides further analysis of Farm Business Income.
FURTHER INFORMATION
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