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Farm Incomes, Wales

Volume 640: debated on Thursday 18 May 1961

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asked the Minister of Agriculture, Fisheries and Food what was the average net farm income on farms in Wales of 50, 100, 150, and 200 acres and over, respectively, in the years 1958 and 1959; what is the figure forecast for 1960; and what was the percentage increase or decrease shown by these figures.

My information on farm incomes in Wales is obtained from a sample survey conducted by the Department of Agricultural Economics, University of Wales, Aberystwyth. The 1960 figures are being collected and will not be available for some months. But the average net farm incomes by size groups and the percentage changes between 1958 and 1959, as disclosed by that survey, are shown in the following table. The size groups given are those broadly corresponding to the sizes referred to by the hon. Member.

FARM SIZE
Acres19581959Percentage change
50 and under388344-11·3
51–100578493-14·7
101–150952708-25·6
151–3001,191884-25·8
301 and over1,628930-42·9

Farm incomes on dairying and livestock farms generally suffered in 1959 because the dry summer and the difficult conditions earlier adversely affected the yield and condition of livestock and obliged farmers to buy in more concentrates.