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Welsh Government
Data Provider: Welsh Government Accredited Official Statistics Average Farm Cost Headings by Farm Type

Average Farm Cost Headings by Farm Type

None
Year1 April to 31 March[Filtered]
Measure1
[Collapse]Farm Type[Filter]
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Farm Type 1
[Collapse]Cost HeadingFarm business costs[Filter]
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[Collapse]Cost Heading 1
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[Collapse]Cost Heading 2
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[Collapse]Cost Heading 3
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Cost Heading 4
[Collapse]Total Farms includes all farmsClick here to sortTotal Farms includes all farms
Click here to sortDairy FarmsClick here to sortSDA Sheep FarmsClick here to sortSDA Grazing FarmsClick here to sortDA Grazing FarmsClick here to sortLow Grazing FarmsClick here to sortOther Farms
[Collapse]Farm business costsCosts are divided into variable costs and fixed costs.582,80099,700113,300102,100100,300229,100184,600
Farm business costsCosts are divided into variable costs and fixed costs.[Collapse]Agricultural costs576,00091,300105,00095,30095,400220,100177,100
Agricultural costs[Collapse]Variable costs354,40044,10050,30043,50046,200111,50096,700
Variable costs[Collapse]Crop costs44,5007,3008,70010,00011,80070,30019,100
Crop costsSeeds3,6006006001,1001,20012,7002,200
Fertilisers33,7005,5006,8007,1008,30025,90012,200
Crop protection2,8003003007001,10015,1002,000
Other crop costs4,4008001,0001,2001,30016,6002,800
[Collapse]Livestock costs271,80032,80035,50026,40027,60017,00065,600
Livestock costsPurchased feed & fodder195,70020,00021,70013,10011,8005,50042,900
Home grown feed & fodder.The data item is not applicable.The data item is not applicable.The data item is not applicable.The data item is not applicable.The data item is not applicable.The data item is not applicable.The data item is not applicable
Veterinary fees & medicines15,0004,9004,7004,0003,4001,6005,800
Other livestock costsBedding materials, breeding costs, miscellaneous dairy expenses, disinfectants, marketing and storage costs of animal products, Milk Development Council levy and other livestock costs not separately identified.53,3007,5008,7007,5009,0004,30014,400
[Expand]Contract costsWork by agricultural contractors, costs of materials employed, hiring machines to be used by the farm’s own labour. Contract labour is only included here if associated with the hiring of a machine, otherwise it is under (casual) labour.31,6002,7004,4004,9006,00016,9009,300
[Expand]Casual labourThis comprises wages and employer’s insurance contributions, payments in kind, and salaried management.6,2001,3001,7001,4007007,2002,500
[Collapse]Fixed costs221,60047,30054,60051,80049,200108,60080,500
Fixed costs[Expand]Regular labourDefined as a fixed cost.27,3001,7002,1001,3001,6004,3005,700
[Collapse]Machinery costs71,50024,60026,90024,20021,60053,20033,800
Machinery costsMachinery fuels (includes oils)18,6006,0006,3005,1005,60013,0008,200
Machinary repair18,7005,6006,2005,3004,90012,5008,000
Machinery depreciationDepreciation provisions are shown on a current cost basis. The rates of depreciation used (on a diminishing balance basis for machinery) are intended to reflect the degree of deterioration of the assets.34,20013,00014,40013,90011,20027,60017,500
[Collapse]General farming costs68,70013,00015,80013,20013,70026,30023,000
General farming costsBank charges & professional fees5,2001,9002,5002,1002,0005,8002,800
Water, electricity & other general costs36,6008,5008,7007,8008,90014,00013,000
Share of net interest payments27,0002,6004,7003,3002,9006,4007,100
[Collapse]Land and property costs29,4004,9005,4006,2008,20018,40010,300
Land and property costsRent paid49,7006,6008,0008,30010,70022,30015,300
Maintenance, repairs and insurance400200200200200300200
Depreciation of buildings & worksThis is calculated on a current cost basis (generally on a straight line basis over 10 years) with an adjustment to allow for the effect of capital grants.19,9001,5002,4001,9002,4003,5004,700
[Expand]Miscellaneous fixed costsIncludes for work done on other farms.4,4001,4001,7004,9001,5002,4002,700
[Collapse]Costs of basic / single farm payment[Collapse]Costs of basic / single farm payment[Expand]Costs of basic / single farm payment3,5005,1004,0002,8003,3003,2003,800
[Collapse]Costs of agri-environment payments[Expand]Costs of agri-environment payments1001,6001,100300500200800
[Collapse]Costs of diversification[Expand]Costs of diversification3,3001,7003,3003,7001,2005,6002,900

Metadata

Title

Farm Cost Headings by Farm Type, 2016-17 to 2023-24

Last update

16 January 2025. 16 January 2025.

Next update

January 2026.

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

General description

Farm Cost Headings by Farm Type, 2016-17 to 2023-24.

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 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 2023-24.

Rounding applied

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