HC Deb 23 March 1967 vol 743 cc324-5W
Mr. Peter Mills

asked the Minister of Agriculture, Fisheries and Food what was the national farm income for the years 1962 to 1967, normal, and adjusted to a constant purchasing power.

Mr. John Mackie

Estimates of net income adjusted to normal weather conditions have not been prepared as a continuous series since the 1965 Annual Review. At the 1966 Annual Review there was substituted in the White Paper (Cmnd. 2933) a three year moving average of actual net income, and net income was adjusted to normal weather

AGGREGATE FARMING NET INCOME IN THE UNITED KINGDOM "DEPARTMENTAL" CALCULATION
£ million
In current money terms In terms of 1961 purchasing power
Years beginning 1st June Three year moving average of actual net income Actual net income adjusted to normal weather conditions Three year moving average of actual net income Actual net income adjusted to normal weather conditions
1961–62 422½ 422½
1962–63 427½ 412½
1963–64 444½ 423
1964–65 451½ 418
1965–66 473 474 419½ 420
1966–67 (forecast) 479 408½