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Farm Incomes

Volume 22: debated on Tuesday 20 April 1982

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asked the Minister of Agriculture, Fisheries and Food whether he will publish in the Official Report a table showing for each year since 1970, based on 1970 equals 100, the estimated change in the real income per acre under crops and grass together with the return on capital employed in the farming industry.

Information on the return on capital employed in the farming industry is not available. Figures for aggregate farming income are given in successive annual review of agriculture White Papers. The following table is based on these figures deflated by the retail price index and divided by the acreage under crops and grass in each year:

Index of farming income per acre under crops and grass, deflated by the retail price index (1970 = 100)
Year
1970100
1971101

Year

1972100
1973129
197494
197594
1976104
197789
197881
197968
198051
198153

asked the Minister of Agriculture, Fisheries and Food whether he will publish in the Official Report a table showing for each year since 1970, based on 1970 equals 100, the estimated change in real income of the median farmer and for farmers generally.

I regret that the information requested on the median farmer is not available. Figures for aggregate farming income are given in successive annual review of agriculture White Papers. The following table is based on these figures deflated by the retail price index:

1976–771977–781978–791979–80*1980–81
Barbados39·952·034·560·159·9
Belize103·399·698·9100·696·8
Congonil48·9nil197·4102·8
Fiji100·4100·7100·4100·383·0
Guyana102·5102·199·8100·591·3
India106·792·799·895·5nil
Jamaica99·795·999·797·366·0
Kenyanilnilnilnilnil
Madagascarnilnilnilnilnil
Malawi99·5100·372·175·974·9
Mauritius106·9102·994·692·872·4
St. Kitts85·2100·397·6103·099·1
Surinamnilnilnilnilnil
Swaziland102·695·8101·798·7110·4
Tanzania104·796·8100·499·6nil
Trinidad and Tobago104·7100·595·187·389·5
Ugandanil108·2nilnilnil
Total98·696·992·393·877·9
* Provisional

Notes:

(a) These percentages are based on arrivals attributed to each quota year. In principle these years run from July to June, but some tolerance on delivery times is allowed to deal with unforeseen delays between shipment and arrival.

(b) The detailed rules for operating the sugar protocol allow for a degree of tolerance on quantities attributed to each quota year. Where these tolerances have applied in one year a corresponding adjustment is made the following year. The operation of these rules is the main reason why. in some cases, the figures exceed 100 per cent.