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

Ways you could improve your beef and sheep farm

Back to Characteristics of top-performing farms 2024

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