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Net Farm Incomes

Volume 983: debated on Friday 25 April 1980

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asked the Secretary of State for Wales what are the latest estimates for the percentage change in net farm incomes in real terms in Wales since the United Kingdom entered the EEC for farms classified, respectively, as (a) specialist dairying, (b) mainly dairying, (c) sheep, (d) cattle and sheep and (e) mixed; and what is the average percentage for all full time farms in Wales.

The available information is shown below. Changes in farm incomes between 1973 and the latest year available cannot be shown in the form requested due to the changes in farm classification and treatment of depreciation. Figures for all full time farms are not available owing to the coverage of the survey on which the figures are based.

(A) Old Farm Classification(4)

Specialist Dairy

Mainly Dairy

Livestock Mostly Sheep

Livestock Cattle and Sheep


All Types Shown

1972–73 to 1973–74-7-2+33+ 8+ 15+ 5
1973–74 to 1974–75-35-48-42-36-19-38
1974–75 to 1975–76;+ 43+ 56+ 9+ 33- 9+28
1975–76 to 1976–77;+ 5- 3+ 33+ 12+ 70+ 10
1976–77 to 1977–78;+ 11- 5+ 5− 1−410
(B) New Farm Classification(5)

Hill and Upland (LFA)

Specialist Dairy

Mainly Dairy


Cattle and Sheep

Lowland Livestock

All Types Shown

1977–78 to 1978–79(6)+ 22- 1+ 9+ 17+ 1+12
(1) Based on average figures for farms from 275 to 4,199 smd's in the old farm classification and 4–100 European size units in the new farm classification. The figures shown under the new farm classification are based on allowing for depreciation of machinery at current or replacement cost, whereas previously this was computed at historic cost. The figures are based on farm accounts which end on average in February each year.
(2) Based on net farm incomes excluding breeding livestock stock appreciation.
(3) The figures have been expressed in real terms by allowing for the changes in the retail price index.
(4) This farm classification is based on the standard man days requirement of the crops and livestock of farms in the survey.
(5) This farm classification is based on the standard gross margins of the crops and livestock of farms in the surveys with size measured in European size units(1 ESU—1000 European units of account of standard gross margins at average 1972–74 values).
(6) Provisional.


Farm Management Survey.