§ Mr. Charles Morrisonasked the Minister of Agriculture, Fisheries and Food what is the latest forecast for aggregate farming net income for 1970–71, represented as a percentage of farming net income for 1964–65 at constant prices.
§ Mr. Anthony StodartThe purchasing power of aggregate farming net income as forecast for 1970–71 is estimated to he some 92 per cent. of the figure for78W 1964–65, using the Consumer Price Index as the means of adjustment to constant money values.
§ Mr. Deakinsasked the Minister of Agriculture, Fisheries and Food if he will publish a table showing the real net income per farm for each of the years from 1963–64.
§ Mr. Anthony StodartAccounts collected for about 2,500 farms annually in England and Wales gives information for successive parts of years. When adjusted to 1963–64 prices by changes in the Consumer Price Index, the figures for average net income for full-time farms (275–4199 standard man-days: all types excluding horticulture) are:
£ per farm 1963–64 1,491 1964–65 1,798 1964–65 1,825 1965–66 1,710 1965–66 1,699 1966–67 1,540 1966–67 1,547 1967–68 1,767 1967–68 1,934 1968–69 1,552 1968–69 1,582 1969–70 1,647 These figures must be treated with caution because of the changes in the sample from year to year and changes of concept within the period. There is, for example, a large difference between the two figures for 1967–68. This is due to change in the assessments of standard man-day equivalents made in 1968.