Average Farm Cost Headings by Farm Size

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Year

Measure1

Farm Size

Farm Size 1

Cost Heading Farm business costs

Cost Heading 1

Cost Heading 2

Cost Heading 3

Cost Heading 4

Total

Total

Very Small

Small

Medium

Large

Very Large

Farm business costs (*)

229,900

438,400

685,800

1,216,500

2,990,300

616,200

Farm business costs (*)

Agricultural costs

208,100

413,400

639,800

1,173,800

2,952,300

586,900

Agricultural costs

Variable costs (*)

92,000

211,200

346,400

680,900

1,827,700

324,300

Variable costs (*)

Crop costs (*)

20,300

45,000

78,400

137,800

197,500

56,700

Livestock costs

58,600

138,500

222,200

459,200

1,410,200

226,200

Contract costs (*)

10,600

19,800

32,200

64,900

180,600

31,900

Casual labour (*)

2,200

7,300

13,800

18,200

39,100

9,100

Fixed costs (*)

116,100

202,200

293,600

493,000

1,124,700

262,700

Fixed costs (*)

Regular labour (*)

3,700

4,800

13,400

39,100

183,100

20,300

Machinery costs

60,200

98,400

134,300

199,700

344,700

111,300

General farming costs

31,200

49,200

78,400

124,300

270,600

66,600

Land and property costs

14,500

32,800

56,400

112,700

288,000

51,700

Miscellaneous fixed costs (*)

5,500

14,200

6,900

8,100

6,700

8,100

Costs of basic / single farm payment

11,900

15,600

20,000

15,200

16,600

14,700

Costs of agri-environment payments

2,700

3,500

5,000

2,000

3,200

Costs of diversification

7,200

5,800

20,900

25,500

19,100

11,400

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Summary information
High level information
Weblinks
Open Data

General description

Farm Cost Headings by Farm Size, 2016-17 to 2022-23.

Average figures per farm have been rounded to the nearest £100, therefore rounded figures may not add up exactly to totals. Percentage calculations have been undertaken on unrounded figures.

Definitions for each cost type can be found in the associated statistical release and accompanying tables.

Data collection and calculation

Farm Business Survey, Welsh Government. Statistical results from the Farm Business Survey (FBS) in Wales are produced and published annually by Mae canlyniadau ystadegol yr Arolwg Busnes Fferm yng Nghymru yn cael eu cynhyrchu a’u cyhoeddi’n flynyddol gan Sefydliad y Gwyddorau Biolegol, Amgylcheddol a Gwledig (IBERS), Aberystwyth University.

Farms are randomly selected from the June Census returns to provide a representative sample of 600 Welsh farms covering the main farm types. Letters are sent to potential participants and if the farmer agrees, a convenient visiting date is arranged by phone. During this recruiting visit the farm area, farming system, opening stock numbers and bank details, as well as other relevant information is obtained.

Frequency of publication

Annual

Data reference periods

Financial Years 2016-17 to 2022-23.

Rounding applied

Average figures per farm have been rounded to the nearest £100, therefore rounded figures may not add up exactly to totals. Percentage calculations have been undertaken on unrounded figures.

Title

Farm Cost Headings by Farm Size, 2016-17 to 2022-23

Last update

18 January 2024.

Next update

January 2025.

Publishing organisation

Welsh Government

Source 1

Farm Business Survey, Welsh Government

Contact email

stats.agric@gov.wales

Designation

National Statistics

Lowest level of geographical disaggregation

Wales

Geographical coverage

Wales

Languages covered

English and Welsh

Data licensing

You may use and re-use this data free of charge in any format or medium, under the terms of the Open Government License - see http://www.nationalarchives.gov.uk/doc/open-government-licence

Weblinks

https://www.gov.wales/farm-incomes

Name

AGRI0305