§ Mr. Austin Mitchellasked the Minister of Agriculture, Fisheries and Food whether he will bring up to date the information on net farm incomes in table 4f1 of the evidence on agriculture submitted to the Treasury and Civil Service Committee by Her Majesty's Treasury on 9 November 1984 in response to its questionnaire on the economic and financial consequences of EEC membership.
§ Mrs. FennerThe information requested is given in the table:
473WSource: Farm Management Survey.
Notes: Pairs of years relate to an identical sample of farms. A major break in series occurred in 1978–79. It is not therefore possible to make a meaningful comparison of the two periods. A further break occurred in 1982–83.
The major differences in the periods are:
Geographical coverage Breeding Livestock Stock Appreciation Farm Size and type determination Depreciation Basis Definition of Full-time Farm Mixed Farms 1967–68 to 1970–71 England and Wales Included in NFI Standard Man Days Historic Cost 275–4,100 SMD's Distinct type 1979–80 to 1982–83 England Excluded from NFI Standard Gross Margin Current Cost 4–250 ESU's† Included in All livestock 1982–83 to 1984–85 England Excluded from NFI Standard Gross Margin Current Cost 4 BSU's‡ and above except farm types asterisked 4–250 BSU's Included in All livestock † One ESU=1,000 EUA of standard gross margins at average 1972–74 values. ‡ One BSU=2,000 ECU of standard gross margins at average 1978–80 values.