Figures published by Defra today (31 Jan) reveal farm incomes in the UK for 2007 have risen by 8.7 per cent in real terms to £13,349/head, but the NFU claims the average figure hides an 'unbalanced' industry.

Total income from farming in the UK is indicated to have risen in 2007 by 10.2 per cent in current prices to £2.54 billion. The total income from farming per full time person equivalent is estimated to have risen by 13.4 per cent in current prices. For the full figures, Click here.

Jeff Rooker, Minister for Sustainable Food and Farming and Animal Health, said he was encouraged by the figures, achieved during what was a very difficult year for farming.

TESTAMENT TO INDUSTRY
"This is testament to the resilience of the industry," he commented.

"Although the overall picture from these statistics is positive, I am aware that the rise has not been universal across all parts of the industry."

"Many livestock farmers have had a very difficult time in recent months due to a series of unforeseen events including animal disease outbreaks and increasing feed prices."

"For our part, Government remains committed to working with the agriculture sector to help farmers drive up their economic and environmental performance."

HUGE VARIATION
The NFU described the figures as 'a snapshot of an increasingly unbalanced industry', with the overall increase masking 'a huge variation' in the performance of the various sectors, with the increase in cereal prices being the dominant influence.

That increase is forecast to raise cereal farm profits by 38% in the 2007/08 financial year, at the expense of sharply reduced returns to pig farmers – average loss over £4,000 this year - and poultry producers – profits down by over 90%.

Grassland livestock producers have also suffered from the effects of disease outbreaks and depressed markets.

This has resulted in forecast income falls of 34 per cent for lowland livestock farmers, and of 44 per cent for hill farms, to just £8,700 and £5,900 respectively per farm.

Horticultural producers did see higher prices for fruit and vegetables making up to some extent for a difficult, flood-affected growing season, and dairy incomes are forecast to rise by 44 per cent thanks to the increase in milk prices since the middle of 2007.

NFU President Peter Kendall said the figures demonstrated how important it was for the livestock sectors to recover, if the industry as a whole was to make its full contribution to securing Britain’s food supplies.

NEITHER HEALTHY NOR SUSTAINABLE
"Although an increase of ten per cent in net farm incomes looks like a worthwhile move forward, where we are now is neither healthy nor sustainable for the long-term," he said.

"We desperately need to bring the industry back into balance, through a phased increase in producer prices for beef, lamb, poultry, eggs and pigs."

"The alternative will be the emergence of a boom, bust cycle, which could de-stabilise the arable sector as well as ultimately fuelling food price inflation by leaving us dangerously dependent on increasingly expensive imports."