![]() More information about FBS methodology is available in Section 4: Data sources and more information. ![]() The most recent figures from the FBS were published in March 2020 in the Farm Business Income: Annual Estimates 2018-19. The FBS only includes farms with economic activity of at least €25,000 (equivalent to around £23,000 in September 2019). The Scottish Farm Business Survey ( FBS) allows an in-depth look at the profitability of the sectors in Scottish farming in receipt of CAP and other support payments.Īround 500 farming businesses take part in this voluntary survey each year. However, it also allows for more granular analysis to be undertaken than is possible with the TIFF statistics. This excludes non-supported sectors such as pigs, poultry, some fruit production and horticulture. This rest of this report focusses on the profit from farming in the supported sectors of agriculture and is based on data collected through the Farm Business Survey ( FBS). However, the level of profitability and the importance of CAP payments to farm incomes varies significantly across the industry, ![]() If the figures are calculated without support from CAP and other payments (referenced here as subsidies), the farming industry as a whole has been in profit since 2010, though with little change in recent years. Since 2005, the profitability of the sector had generally been increasing, but since the fall in 2015 growth has been slow, as shown in Figure 2. Total Income from Farming ( TIFF) is the official measure of the profit (income minus costs) produced by all agriculture in Scotland and captures all elements of the industry. Profitability of Scottish Farming 2.1 Total Income from Farming ( TIFF)
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