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Measuring the difference between top and bottom performing beef and sheep farms
Tables below show the difference in income and key variables between top and bottom performing beef and sheep farms.
Beef and sheep farm business income £/year
Mean farm business income of top performing farms (£/year) | Mean farm business income of matched bottom performing farms (£/year) | Difference of farm business income (£/year) |
66,000 | 16,800 | 49,200 |
Variables between top and bottom performing farms – beef and sheep
Variables | Mean of top performing farms | Mean of matched bottom performing farms |
Agricultural output (£'000) | 204 | 76 |
Economic Relative Size (SLR) % | 62 | 38 |
Total agricultural costs (£'000) | 190 | 114 |
Fixed: Variable Cost Ratio | 48:52 | 55:45 |
Bought in feeds (% of costs) | 19 | 15 |
Grassland variable costs | 7 | 5.3 |
Machinery costs (%) | 19 | 22 |
General farming costs (%) | 10 | 15 |
Land in FBT (%) | 31 | 18 |
Owned land (%) | 54 | 62 |
Paid labour as % of all labour (%) | 23 | 17 |
Stocking rate GLU/Ha | 1.4 | 1.0 |
SLR: Standard Labour Requirement
GLU: Grazing Livestock Unit
Related links
Back to Characteristics of top-performing beef and sheep farms
Read more about the key comparisons between top and bottom performing beef and sheep farms
Find out what the top traits are of high performing beef and sheep farms