AGRICULTURAL INCOME
The Scottish Government calculate two measures of agricultural income. Total Income from Farming ( TIFF) assesses Scottish agriculture as a whole and Net Farm Income ( NFI) 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).
TIFF increased by £90 million in 2007 to £627.5 million, a rise of 16.7 per cent over the previous year before inflation (11.9 percent in real terms). The details underpinning the increase in TIFF are available at Total Income From Farming 2007 and incomes 1998 to 2007.
CHART: TOTAL INCOME FROM FARMING (TIFF) PRODUCTION AND OTHER PAYMENTS AND SUBSIDIES 1998 TO 2007 IN REAL TERMS (2007 Prices)
FURTHER INFORMATION
More farm incomes, subsidies and production statistics including the Economic Report on Scottish Agriculture, geographic and time series summaries of agricultural census results are available from our agricultural statistics publications. To return to this page use the BACK button on your browser.
AGRICULTURAL INCOME BY FARM TYPE ( NFI)
Net Farm Income ( NFI) compares income between different types of farm. NFI represents the return to the farmer and spouse for their manual and managerial labour and on the tenant-type capital in the farm business.
Farm type classifications are based on the relative importance of the various crop and livestock enterprises on each farm assessed in terms of standard gross margin (an economic measure of output less variable costs).
NFI has increased from £10,812 in 2005/06 to £18,890 in 2006/07. There were increases in all farm types other than LFA Specialist Sheep (down £3,218) and LFA Mixed Cattle and Sheep (down £338). The largest absolute increases were for General Cropping (up £28,310) and Cereals (up £19,228). A more detailed summary is available at incomes by farm type.
CHART : NET FARM INCOME BY FARM TYPE 2005/06 AND 2006/07
FURTHER INFORMATION
More farm incomes, subsidies and production statistics including the Economic Report on Scottish Agriculture, geographic and time series summaries of agricultural census results are available from our agricultural statistics publications. To return to this page use the BACK button on your browser.