in the United Kingdom 2022 – GOV.
Agriculture
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Map Location: in the United Kingdom 2022 – GOV.
Business
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Agriculture
• In 2021/22, the average Farm Income (FBI) across all farm types, at current prices, was £72,000 compared to £46,500 in 2020/21. • FBI varies greatly with 10% of farms failing to make a positive FBI in 2021/22 while 41% of farms had an FBI of over £50,000.
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SOURCE: Farmer & Cowboy Agriculture Businesses – Business
NOTE: Agriculture businesses in the UK play a crucial role in the nation’s economy, environment, and society. By understanding the political, social, and economic dimensions of the agricultural sector, farmers and agribusiness owners can navigate challenges and seize opportunities to build resilient, sustainable, and profitable operations.
This comprehensive analysis provides valuable insights, practical tips, and strategies to support farmers in their journey toward sustainable farming practices. By focusing on financial management, marketing, risk management, community engagement, technological adoption, sustainable practices, animal welfare, and future outlook, UK agriculture can continue to thrive and contribute to the well-being of the nation and the environment.