Net Farming Income (Hansard, 6 July 1964)

§ Mr. Hilton
asked the Minister of Agriculture, Fisheries and Food if he will give figures at both current prices and constant prices showing the aggregate net farming income in the United Kingdom, the amount which farmers should have 34W In this period 19 per cent. of the adult male hired regular whole-time workers did not receive a premium above the minimum wage rates.

§ Mr. Hilton
asked the Minister of Agriculture, Fisheries and Food if he will state the numbers and the percentage distribution of regular whole-time male agricultural workers as at June, 1963, in the following categories, namely, general workers, bailiffs and foremen, cowmen, other stockmen, tractor drivers, market gardeners, ancillary workers, and family workers; and if he will show for each group the average premium paid per worker, the percentage excess of wages received over statutory wages, and the percentage in each group who received no premium at all in the year ended September, 1963.

§ Mr. Scott-Hopkins
The information relates to adult male regular whole-time workers in England and Wales. No information is available about the wages, earnings, or premiums of family workers.
appropriated to cover the excess of replacement over original costs of certain assets, and expenditure on labour, rent, and interest, machinery, foodstuffs, fertilisers, and other costs of production, for the average of the three years 1954–55 to 1956–57 and for the years 1961–62 to 1963–64, inclusive.
35W

§ Mr. Scott-Hopkins
The information is as follows:

1. IN TERMS OF CURRENT PRICES Years beginning 1st June

— Average of the three years1954–55 to1956–57 1961–62 1962–63 1963–64^*

£million

Aggregate farming net income 335 431 445½ 406 ½

Amount which farmers should have appropriated to cover the excess of replacement over original costs of certain assets 25 25½ 28 27

Expenditure on:

Labour 275 298 307 310½

Rent and interest 78 116 120 127½

Machinery 187 2194 220½ 220

Feedingstuffs 335 381½ 403 400½

Fertilisers 85½ 120½ 108½ 119

Other costs 151½ 197½ 203 213

2. IN TERMS OF CONSTANT AVERAGE 1954–55 TO 1956–57 PRICES†

Aggregate farming net income … … … … 335 376 378 342½

The information on this basis for the other categories is not available.

^* Forecast as at mid-January, 1964, four months before the end of the year in question, and therefore subject to revision in the light of further information.

† Derived by adjusting the figures in terms of current prices by the Consumer Price Index.

1. IN TERMS OF CURRENT PRICES	Years beginning 1st June
—	Average of the three years1954–55 to1956–57	1961–62	1962–63	1963–64^*
	£million
Aggregate farming net income	335	431	445½	406 ½
Amount which farmers should have appropriated to cover the excess of replacement over original costs of certain assets	25	25½	28	27
Expenditure on:
Labour	275	298	307	310½
Rent and interest	78	116	120	127½
Machinery	187	2194	220½	220
Feedingstuffs	335	381½	403	400½
Fertilisers	85½	120½	108½	119
Other costs	151½	197½	203	213

2. IN TERMS OF CONSTANT AVERAGE 1954–55 TO 1956–57 PRICES†
Aggregate farming net income	…	…	…	…	335	376	378	342½
The information on this basis for the other categories is not available.
^* Forecast as at mid-January, 1964, four months before the end of the year in question, and therefore subject to revision in the light of further information.
† Derived by adjusting the figures in terms of current prices by the Consumer Price Index.