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Average Farm Cost Headings by Farm Size

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Next update expected:January 2027

Updates

22nd January 2026

This dataset was updated on the 22nd of January and the 2024-25 data has been added.

14th January 2026
Dataset first published.

Main information

Designation
Official statistics
Data provider
Welsh Government
Data source
Farm Business Survey, Wales
Time period covered
April 2016 to March 2025

Overview

Summary of dataset and variables

Farm Cost Headings by Farm Size, 2016-17 to 2023-24.

Average figures per farm have been rounded to the nearest £100, therefore rounded figures may not add up exactly to totals.

Definitions for each cost type can be found in the associated statistical release and accompanying tables.

Data collection or calculation

Farm Business Survey, Welsh Government. Statistical results from the Farm Business Survey (FBS) in Wales are produced and published annually by Aberystwyth University.

Farms are randomly selected from the June Census returns to provide a representative sample of 550 Welsh farms covering the main farm types. Letters are sent to potential participants and if the farmer agrees, a convenient visiting date is arranged by phone. During this recruiting visit the farm area, farming system, opening stock numbers and bank details, as well as other relevant information is obtained.

Statistical quality

Statistics produced from the same data by IBERS may differ in some respects from those in this statistical release. The differences arise largely from:

Weighting: the statistics in this release are weighted to be representative of the population (farm businesses with a Standard Output of at least €25,000). However, the statistics produced by IBERS are unweighted so are only representative of the farms included in the sample. Inter-year identical sample: Some of the statistics published by IBERS are for an inter-year identical sample (farms included in the sample for two years in a row). Not every farm is included in the sample for two years in a row. Therefore, the inter-year identical sample includes a smaller number of farms for each year, so the results for this group of farms may differ.

The sample for the Farm Business Survey is predominantly drawn from those farm businesses in Wales with a Standard Output (SO) of at least €25,000, based on activity recorded in the previous June Survey of Agriculture and Horticulture. The results reported here will not therefore be representative of very small and part-time holdings.

Rounding applied

Average figures per farm have been rounded to the nearest £100, therefore rounded figures may not add up exactly to totals.

Related reports

Published by

Organisation
Welsh Government
Contact email
stats.agric@gov.wales