Data from the Institute of Agricultural Economics at the University of Wageningen (LEI) on the outcome and the income earned by agricultural and horticultural farms throughout 2011 show that the income received was slightly lower than the previous year and that differences between the subsectors have been highlighted. Falling rents in the whole of agriculture, after a good year of recovery as was 2010, is due to increased costs, particularly feed, fertilizer and energy by 7%, while the value of agricultural production grew only 2%, with a significant rise in milk and sharp drop in vegetables, potatoes and onions.
In 2011, pig farmers have seen slightly higher incomes on average despite sharp increases in feed prices. Within the pig farming segment, developments are moving in different directions because the prices for piglets fell even as prices for fattening pigs rose.
Tuesday December 20, 2011/ LEI-Wageningen-UR/ Netherlands.