Defra’s first estimate of the UK’s Total Income from Farming (TIFF) for calendar year 2024 points to a 26% increase, largely driven by falling input costs. The provisional UK TIFF for 2024 is £7.7 billion – a...
Total Income From Farming (TIFF)
England’s TIFF drops 19% in 2023
Defra’s first estimates of Total Income From Farming (TIFF) in England in 2023 show a 19% fall from the record high in 2022, when values were inflated by a rapid rise in energy costs following Russia’s invasion...
England farm incomes up 13% in 2022
Defra’s first estimate of total income from farming (TIFF) in 2022 for England is £5.7 billion, an increase of £0.6bn or 12.9% from the 2021 calendar year. The figures have not been adjusted for inflation which averaged 5% in 2022....
Farm incomes fell 15.7% in 2020
Defra’s first estimates of the UK’s total income from farming (TIFF) for calendar year 2020 show that poor cropping and diversified enterprise returns more than offset higher livestock returns. The Department estimates 2020 TIFF at £4.12 billion, a fall of £768...
UK TIFF up 1.5% for 2016
Defra’s first estimate of the UK Total Income From Farming (TIFF) figure for 2016 shows an increase of 1.5% to £3.96 million. Despite decreases in the value of all farm inputs and outputs, the devaluation of sterling from June lifted CAP support payments converted...
Brexit – what the farm customer wants
In all the turmoil surrounding last week’s Referendum decision for the UK to leave the EU, it appears that a greater proportion of farmers than the general population voted for a Brexit.
