Indications of farm income recovery
Official statistics point to partial bounce back in 2013.
Farm income in Scotland has made a partial recovery in 2013 following the poor weather of recent years, initial estimates suggest.
New statistics from the Scottish Government published today indicate agriculture was worth £700 million to the Scottish economy in 2012, a fall of 18 per cent on the previous year. However, early estimates for 2013 suggest income levels bounced back to about £830 million.
Commenting on the Total Income from Farming Estimates for Scotland 2011-2013, Rural Affairs Secretary Richard Lochhead said:
“These latest statistics reflect the challenging conditions our farmers have had to face in recent years, and it is good news that farm income levels are now going in the right direction. In fact, farm income in Scotland 2013 is estimated to be the second highest in a decade, which can only be welcome news for Scottish farmers.
“The figures show strong growth in some sectors reflecting strong demand for our premium products and higher prices. I am aware, however, that other sectors are not performing quite as well and this may be partly due to the impact of the extreme weather we have experienced over the past couple of years.
“The Scottish Government continues to do what we can to create the right conditions for Scottish farming to flourish. We are currently seeking views on the support that will be available to farmers in future, and I urge everyone who has not already done so to respond to our consultations on direct payments and rural development.”
The full statistical publications can be accessed at: http://www.scotland.gov.uk/Publications/2014/01/7301
The consultation on Scotland Rural Development Programme (SRDP 2014-2020) Stage 2: Final Proposals http://www.scotland.gov.uk/Publications/2013/12/7550 will close on February 28, 2013.
The Scottish Government Consultation on future CAP direct payments in Scotland from 2015 http://www.scotland.gov.uk/Topics/farmingrural/Agriculture/CAP will close on March 17, 2014.