Facebook Twitter Instagram
    • FREE Email Newsletters
    • About Us
    • Advertise
    • Contact Us
    • FREE Magazine Subscriptions
    •  
    Twitter LinkedIn
    Podcast
    Poultry News
    • Production
      • Broiler Production
      • Ducks
      • Egg Production
      • Game
      • Hatching
      • Housing
      • Turkeys
    • Processing
    • Business & Politics
      • Business
      • Economics
      • EU & Politics
      • Marketing
      • People
      • Training & Education
    • Welfare
      • Environment
      • Food Safety
      • Vet & Medication
      • Welfare
    • Feed
    • Genetics
    • New Products
    • Magazines
      1. May 2022
      2. April 2022
      3. February 2022
      4. January 2022
      5. December 2021
      6. November 2021
      Featured

      Protected: Poultry Business – April 2022

      By Chloe RyanApril 7, 2022
      Recent

      Protected: Poultry Business – May 2022

      May 6, 2022

      Protected: Poultry Business – April 2022

      April 7, 2022

      Protected: Poultry Business – March 2022

      March 8, 2022
    • Jobs
      • Browse Jobs
      • Post a Job
      • Manage Jobs
    • Events
      • National Egg and Poultry Awards
      • Poultry Fair
    Poultry News
    Business

    Gloomy picture for farm incomes

    Chloe RyanBy Chloe RyanMarch 15, 20193 Mins Read
    Facebook Twitter LinkedIn Email
    Share
    Facebook Twitter LinkedIn Email

    Poultry farms’ income predicted to fall 45% in the latest government farm income report, but other sectors are even worse off

    Incomes are expected to fall on all farm types in 2018/19 except cereal farms, according to a new report published by Defra.

    The Farm Business Income forecasts for 2018/19 are derived from information available in early February 2019 for prices, livestock populations, crop areas, yields and input costs and are intended as a broad indication of how incomes for each farm type are expected to move compared with 2017/18.

    Average income on specialist poultry farms is expected to have fallen by 45% in 2018/19 to £53,000. Poultry meat prices have remained at a similar level to 2017/18 although production has increased. Egg production shows a similar trend and these factors combined have led to a predicted increase in output from poultry and eggs of around 3%. Inputs costs are predicted to go up by around 8%, driven by increased feed costs. 

    Increased crop prices led to higher feed costs for livestock farms and many also had to purchase more feed due to the cold late spring and summer drought. Incomes are expected to fall on all farm types in 2018/19 except cereal farms where a rise in cereal prices is predicted to be the main driver increasing average income by around 13% to £73,000.  A fall in income on livestock farms is predicted to be driven by increased input costs, primarily for feed. Specialist pig farms are expected to have the largest decrease in income with a forecast average income of around £1,000.

    Responding to the publication of the figures, NFU chief economics adviser Dr Andrew Francis said  it highlights just how exposed agriculture is to market volatility and emphasises the continued need for measures to manage this.

    “The NFU has set out its ambition for farms to be productive, profitable and progressive and for farmers to have access to a variety of tools to combat volatility in the marketplace. We are making that case to Government as the Agriculture Bill goes through Parliament and today’s figures reinforce the risks a volatile market poses for certain sectors.

    “This year is set to be incredibly challenging for farmers and the continued uncertainty is already impacting farm businesses. The NFU has maintained that it is vital a deal is agreed with the EU to ensure there is an orderly Brexit and we have been clear about what we believe are the crucial elements of a healthy and productive post-Brexit future for British farming.

    “We know that the public values and demands the high standards of animal welfare, environmental protection and food safety that British farmers deliver. If the Government allows sub-standard food imports to undercut British farmers, that could have very serious implications for the supply of the safe, traceable and affordable food British farming provides for the nation.”

    Share. Facebook Twitter LinkedIn Email
    Previous ArticleIndustry slams government over no tariff protection for eggs in no-deal scenario
    Next Article Analysis: the threat to religious slaughter
    Chloe Ryan

    Editor of Poultry Business, Chloe has spent the past decade writing about the food industry from farming, through manufacturing, retail and foodservice. When not working, dog walking and reading biographies are her favourite hobbies.

    Read Similar Stories

    Business

    Green light given for Salisbury Poultry’s £12m Wolverhampton expansion project

    May 18, 2022
    Business

    BPC warns on Government decision to delay border controls on meat imports

    May 5, 2022
    Business & Politics

    Government decision to delay import checks requirement by up to 18 months “flies in the face of common sense”

    May 2, 2022
    Most Read

    Fears that supermarkets are turning to eggs from Poland

    May 23, 2022

    Aviagen launches details for the EMEAA Production Management School for 2022-23

    May 20, 2022

    Vote for your Trade Supplier of the Year

    May 19, 2022
    © 2022 Lewis Business Media. All Rights Reserved.
    Lewis Business Media, Suite A, Arun House, Office Village, River Way, Uckfield, TN22 1SL

    Privacy Policy | Cookie Policy | Terms & Conditions

    • AA Farmer
    • Farm Contractor
    • Pig World
    • OvertheCounter

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “ACCEPT ALL”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
    Cookie SettingsREJECT ALLAccept All
    Manage consent

    Privacy Overview

    This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
    Necessary
    Always Enabled
    Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
    CookieDurationDescription
    AWSALBCORS7 daysThis cookie is managed by Amazon Web Services and is used for load balancing.
    cookielawinfo-checkbox-necessary1 yearSet by the GDPR Cookie Consent plugin, this cookie is used to record the user consent for the cookies in the "Necessary" category .
    PHPSESSIDsessionThis cookie is native to PHP applications. The cookie is used to store and identify a users' unique session ID for the purpose of managing user session on the website. The cookie is a session cookies and is deleted when all the browser windows are closed.
    Others
    Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
    CookieDurationDescription
    AWSALB7 daysAWSALB is a cookie generated by the Application load balancer in the Amazon Web Services. It works slightly different from AWSELB.
    explat_test_aa_weekly_lohp_2021_week_4517 days 8 hoursNo description
    ppwp_wp_session30 minutesNo description
    tk_ai14 daysGathers information for WordPress by themselves, first party analytics tool about how WP services are used. A collection of internal metrics for user activity, used to improve user experience.
    tk_qssessionGathers information for WordPress by themselves, first party analytics tool about how WP services are used. A collection of internal metrics for user activity, used to improve user experience.
    Advertisement
    Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
    CookieDurationDescription
    OAGEOsessionOpenX sets this cookie to avoid the repeated display of the same ad.
    OAID1 yearThis cookie is set when an AdsWizz website visitor have opted out the collection of information by AdsWizz service or opted to disable the targeted ads by AdsWizz.
    Analytics
    Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
    CookieDurationDescription
    _ga2 yearsThe _ga cookie, installed by Google Analytics, calculates visitor, session and campaign data and also keeps track of site usage for the site's analytics report. The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors.
    _gat_gtag_UA_31822138_71 minuteSet by Google to distinguish users.
    _gid1 dayInstalled by Google Analytics, _gid cookie stores information on how visitors use a website, while also creating an analytics report of the website's performance. Some of the data that are collected include the number of visitors, their source, and the pages they visit anonymously.
    tk_lr1 yearThe tk_lr is a referral cookie set by the JetPack plugin on sites using WooCommerce, which analyzes referrer behaviour for Jetpack.
    tk_or5 yearsThe tk_or is a referral cookie set by the JetPack plugin on sites using WooCommerce, which analyzes referrer behaviour for Jetpack.
    tk_r3d3 daysJetPack installs this cookie to collect internal metrics for user activity and in turn improve user experience.
    SAVE & ACCEPT
    Powered by CookieYes Logo