Total Income from Farming Estimates: 2018-2020
Total Income from Farming (TIFF) is the official measure of the profit gained by the agriculture industry in Scotland. It provides a breakdown of the value of farm production, subsidies and costs.
Farm costs for feed and labour increases
2020 data is based on some early estimated data and will be revised next year . These estimates may change but are an early indication for calculating Gross Domestic Product (GDP) for the sector.
Total farming input costs in 2020 - £3.14 billion
Total input costs to farming for 2020 rose by 11 per cent from the previous year. The figure of £3.14 billion is slightly up compared to the revised 2019 total input costs of £2.83 billion.
The main causes of the increase were feed, labour and consumption of fixed capital. These costs will impact some farming sectors more than others.
Smaller changes were seen for other inputs such as seed, with an increase in costs by nine per cent to 82 million. While fertiliser and lime costs increased by three per cent to 185 million.
Contact
Email: christina.coakley@gov.scot
There is a problem
Thanks for your feedback