Up Corn Down Horn!
The Farm Business Survey (FBS) in the south west is part of the Rural Business School at Duchy College and forms part of the Rural Business Research (RBR), an independent consortium made up of six university/college research centres across England.
The FBS is conducted on behalf of the Department for Environment, Food and Rural Affairs
(Defra) and supported by the farming unions. It has become the most authoritative source of information on the economics of farm businesses in England since it began in 1936.
Results from the 2010/11 year covering the 2010 harvest have been published by the FBS; due to the classification of farms being revised these results are not directly comparable
with those previously published. The key results from this year include:
- In 2010/11 average incomes increased substantially in both the arable sector and on mixed farms compared with 2009/10. There was a smaller increase in incomes (12%) on dairy farms.
- Average incomes fell in the pig, sheep and beef sectors as well as on horticulture farms.
- There is considerable variation in farm business income both between and within farm types.
- The Single Payment still makes an important contribution to average farm incomes for many farm types, although less so in 2010/11 than in previous years.
To view the document in full, please visit http://www.defra.gov.uk/statistics/foodfarm/farmmanage/fbs/publications/fbsincomes/.