3 Oct 2013 08:05 UTCThu 3 Oct 2013 - 8:05 am UTC
Say I want to buy and run a farm in south-east England. I want it to be profitable, say £50k-£100k a year.
What could I grow/breed, and how much land would I need?
9 Oct 2013 16:21 UTCWed 9 Oct 2013 - 4:21 pm UTC
I've found a source of statistics for you, but I am having difficulty in extracting the information as I am not conversant with balance sheets and the terms used.
Go to the Farm Business Survey which provides information on the physical and economic performance of farm businesses in England. This website is financed by the Department for Environment, Food and Rural Affairs.
> Select Regions Reports
From drop down links
Region> London and South East
Farm Types> here you can select the type of farm. Looking at it I think Cereals and General cropping may be the most profitable. Or select All
Select Report> I believe Outputs, Inputs, Income is probably a starting point.
Per farm or Per ha (hectare)
The result I think is an average of a sample of a number of farms. If the final profit is not enough, I suppose from this you could calculate the amount of increase in hectares you would require to achieve your profit. There's another tab where you build your own queries in a 'data builder'.
Let me know if this what you are looking for.
9 Oct 2013 21:08 UTCWed 9 Oct 2013 - 9:08 pm UTC
I can't figure out what that data says but I'll take it as an answer and come back to it later.
10 Oct 2013 20:21 UTCThu 10 Oct 2013 - 8:21 pm UTC
Thank you for accepting the link as an answer despite the complexity of the website.
Farm Business Survey
Apart from the above website, DEFRA also provide a whole raft of statistics on the economics of farming. At the bottom of this page are some of the latest examples. Some of them do appear on the website referred to above. I have no idea what 99% of this is about. Sounds like a farmer needs a specialist accountant to help him through the facts and figures!
The publication hub of the UK Government may also be of use. This link calls up Farm Businesses.