Publication - Statistics
Scottish farm business income: annual estimates 2016-2017
This publication provides estimates of average farm business incomes for the accounting year 2016-17, which relates to the 2016 crop year. For the most recent data, visit the Scottish farm business income (FBI) collection page below.
Table 2: FBS summary table 2016-17
| Measure | Specialist Sheep (LFA) | Specialist Cattle (LFA) | Cattle and Sheep (LFA) | Cereal | General Cropping | Dairy | Lowland Cattle and Sheep | Mixed | All Types | |
|---|---|---|---|---|---|---|---|---|---|---|
| Average | Output (£) | 45,371 | 121,629 | 115,427 | 161,821 | 236,081 | 383,347 | 130,325 | 182,067 | 147,239 |
| Input (£) | 73,621 | 144,697 | 136,718 | 184,087 | 229,067 | 386,109 | 148,332 | 202,456 | 165,579 | |
| Subsidy and payments (£) | 38,965 | 46,678 | 54,925 | 31,978 | 36,102 | 35,294 | 34,325 | 40,522 | 41,307 | |
| Diversified income (£) | 3,332 | 1,955 | 1,650 | 10,878 | 3,964 | 2,164 | 1,934 | 4,034 | 3,436 | |
| FBI (£) | 14,048 | 25,565 | 35,284 | 20,589 | 47,080 | 34,696 | 18,252 | 24,168 | 26,402 | |
| FBI/FTE (£) | 10,483 | 17,753 | 22,764 | 14,812 | 34,116 | 16,138 | 11,626 | 16,220 | 17,839 | |
| Output:Input ratio | 1.19 | 1.18 | 1.26 | 1.11 | 1.21 | 1.09 | 1.12 | 1.12 | 1.16 | |
| Off farm income (£) | 16,237 | 14,080 | 9,155 | 12,242 | 17,789 | 8,191 | 13,001 | 19,109 | 14,305 | |
| Off farm income/FTE (£) | 12,117 | 9,778 | 5,907 | 8,807 | 12,891 | 3,810 | 8,281 | 12,825 | 9,665 | |
| Balance Sheets (All Tenures) | Net worth (£) closing valuation (CV) | 792,052 | 1,046,334 | 1,111,868 | 1,931,651 | 1,933,033 | 1,834,716 | 1,173,855 | 1,686,232 | 1,315,536 |
| Liabilities as % of assets (CV) | 6.7 | 10.7 | 11.6 | 11.0 | 8.5 | 14.4 | 9.2 | 10.1 | 10.2 | |
| Hourly income | Average hourly income (£) | 5.52 | 9.34 | 11.98 | 7.80 | 17.96 | 8.49 | 6.12 | 8.54 | 9.39 |
| Minimum agricultural wage (£) | 7.20 | 7.20 | 7.20 | 7.20 | 7.20 | 7.20 | 7.20 | 7.20 | 7.20 | |
| Average hourly income as % of MAW | 76.6 | 129.8 | 166.4 | 108.3 | 249.4 | 118.0 | 85.0 | 118.6 | 130.4 | |
| Quartiles | FBI upper quartile (£) | 73,529 | 101,008 | 90,656 | 78,118 | 147,893 | 148,880 | 63,993 | 74,200 | 94,376 |
| FBI lower quartile (£) | -13,880 | -11,020 | 2,572 | -24,680 | -9,347 | -56,134 | -9,853 | -17,053 | -15,102 | |
| Output:Input ratio upper quartile | 1.47 | 1.65 | 1.36 | 1.33 | 1.35 | 1.27 | 1.24 | 1.23 | 1.38 | |
| Output:Input ratio lower quartile | 0.83 | 0.93 | 1.02 | 0.89 | 0.95 | 0.86 | 0.91 | 0.91 | 0.91 |
Full-Time equivalent (FTE) is 1,900 hours. Off farm Income is only collected for farmers and their spouse as the midpoint of the range in which their income falls. The minimum agricultural wage (MAW) is the weighted average for 2016 calendar year.
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