§ Mrs. Dunwoodyasked the Minister of Agriculture, Fisheries and Food if he will print a table in the Official Report showing the average highest and lowest incomes of dairy farmers and the average, highest and lowest profits of dairy farmers in each since 1972.
§ Mr. MacGregorInformation is not available in the form requested. Average net farm income per full-time dairy farm obtained from samples of farm accounts in the farm management survey for England is as follows:
544W
Average Net Farm Income on Full-time Dairy Farms. £ per form. England 1971–72 to 1981–82 Years ending February Old Series 1971–72 3,662 1972–73 3,743 1972–73 4,915 1973–74 4,938 1973–74 4,999 1974–75 4,213 1974–75 4,274 1975–76 6,754 1975–76 6,842 1976–77 7,096 1976–77 7,289 1977–78 8,988 New Series 1977–78 7,614 1978–79 8,774 1978–79 9,199 1979–80 7,090 1979–80 7,344
Years ending February Old Series 1980–81 8,401 1980–81 8,288 1981–82 10,691 Notes:
- (a) Net farm income comprises total farm output less total inputs including charges for unpaid labour other than that of fanner and spouse and for rental value of owner occupied land. It is calculated before deduction of interest and excludes breeding livestock stock appreciation. Full-time dairy farms are specialist and mainly dairy farms of four to 249.9 European size units. Results are calculated from identical samples for pairs of years but comparisons of absolute levels over longer periods are affected by changes in the samples.
- (b) There is a break in series in 1977–78 due to a change in farm classification and a change in the depreciation calculation from historic to current cost.