Scottish farm business income: annual estimates 2017-2018
This analysis is based on the March 2019 published statistics for the period 2017-2018. Revisions have been made to correct for a processing error affecting these estimates. Revised 2017-18 data is available in the Scottish farm business income: annual estimates 2018-19 publication. For the most recent data, visit the Scottish farm business income (FBI) collection page below.
…dairy and general cropping farms continue to recover
£73,100 Dairy farms average income
Dairy farms had the highest average income by farm type this year. Their average income was estimated at £73,100. General cropping farms were also performing well.
There are indications that these dairy and general cropping farms sensitive to market prices. For example this years milk price was £0.28 per litre, an increase of 22 per cent from the previous year suggesting that this group will continue to experience fluctuating performance.
The increase in farm income from 2016-17 to 2017-18 for general cropping was largely due to the increase in value from cereals.
Contact
Email: agric.stats@gov.scot
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