In 2015 Total Income from Farming fell by £ 1,516 million to £ 3,769 million, a 29 % decrease on 2014. The key contributors to the change were the decreases in: milk by £ 931 million, wheat by £ 432 million, pigs by £186 million, subsidies on production by £ 150 million, and sugar beet by £ 142 million. This was to a small extent offset by a decrease in energy costs £ 215 million and animal feed costs by £ 201 million.
Overall the total value of output of livestock was 9.3% lower at £13,006 million. In 2015 all livestock values were lower than 2014 with the exception of cattle. The value of livestock primarily for meat fell by £101 million with decreases seen in all sectors apart from cattle which rose by £128 million to £2,739 million.
The value of pigmeat fell by £186 million to £1,078 million. This fall was entirely due to the lower price in 2015 compared to 2014 as volumes rose by 3. 3 %.
Thursday April 28, 2016/ DEFRA/ United Kingdom.