Scottish farm business income: annual estimates 2022-2023
Farm business level estimates of average incomes for 2022-2023. An Accredited Official Statistics publication for Scotland.
Average livestock farm income fell
The average livestock farm is the weighted average of Less Favoured Areas (LFA) specialist cattle, LFA sheep, LFA cattle and sheep, and lowland livestock farms.
In 2022-23 the income of the average livestock farm fell 10% from the previous year. The fall in income was largest for the average lowland livestock farm where income decreased by 43% to £19,600.
LFA cattle was the only type of livestock farm that saw growth in income. LFA cattle farms incomes rose by 8% to £30,700. A 286%, or £4,600 increase in crop by-products, forage and cultivations output along with increases in milk and milk products and cattle outputs contributed to an overall rise in average income for LFA cattle farms.
Figure 6: Average farm business income, livestock and all farms, 2012-13 to 2022-23. 2022-23 prices.
In 2022-23 outputs from other livestock farms were outpaced by rising input costs and decreases in support payments.
Table 6: Average farm business income (FBI) and ten-year average, livestock farms, 2021-22 and 2022-23. 2022-23 prices
|
Type of Farms |
2021-22 FBI (£) |
2022-23 FBI (£) |
Percentage change |
Ten-year average (2013-14 to 2022-23) |
|
LFA sheep |
12,200 |
11,300 |
-7% |
14,700 |
|
LFA cattle |
28,300 |
30,700 |
8% |
25,100 |
|
LFA cattle and sheep |
37,800 |
27,400 |
-27% |
33,100 |
|
Lowland cattle and sheep |
34,200 |
19,600 |
-43% |
25,600 |
|
Average livestock |
26,700 |
23,900 |
-10% |
24,100 |
Livestock farms in less favoured areas (LFA) have low but stable incomes compared to other farm types.
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