Agricultural rent prices rise 13 per cent
Scotland's Chief Statistician today released the latest figures on Tenanted Agricultural Land in Scotland.
Average rent for land was £38 per hectare in 2013 compared to £33 per hectare the previous year. The increase was largely driven by an above-inflation rise in rent prices for poorer-quality Less Favoured Area (LFA) land, which was up 24 per cent from £20 to £24 per hectare. The average rent of other land rose by three per cent from £126 to £130 per hectare over the same period.
Rents were highest in Fife and the Lothians, and lowest in Shetland and Eileanan an Iar.
The report also contains new figures on seasonal lets. These show that the decline in longer-term rented land - which has fallen from 1.61 million hectares in 2005 to 1.37 million hectares in 2013 - has been offset by an equivalent increase in seasonal lets, meaning the total amount of rented agricultural land has remained constant since 2005 at around 2.17 million hectares.
Analysis of the results of the Farm Accounts Survey suggest that there is no clear link between profitability and whether a farm is wholly owned or wholly rented.
The figures released today were produced by independent statistical staff, free from any political interference, in accordance with professional standards set out in the Code of Practice for Official Statistics.
No comments posted yet. Be the first to post a comment
Please enter your name
Please enter your comment
Your comment submitted successfully.Please wait for admin approval.
Some error on your process.Please try one more time.
Scotland’s Rural Affairs Secretary Richard Lochhead is calling on the Europ...
As the country settles down following the turmoil of the general election, ...
New research from the Universities of Bristol and Cambridge has found that ...
A new publication to help farmers prevent sheep lameness and offer advice o...
The Farmers’ Union of Wales is putting the spotlight on Liver fluke at next...
The UK is now third in the global rankings for utility-scale solar energy a...
A recent Rural Watch demonstration and information event gave Farmers’ Unio...
Retailers should confirm their commitments to sourcing UK lamb this season,...
A leading retailer has apologised after selling imported lamb in a Borders ...